Indonesia’s toll road projects have become a key focus of the government’s outreach to Australian investors, as Jakarta seeks to accelerate infrastructure development through foreign capital and public-private partnerships. During the Indonesia Economic Summit (IES) 2026, officials from the Coordinating Ministry for Infrastructure and Regional Development (Kemenko IPK) actively promoted a portfolio of new toll road projects listed in the Infrastructure Project Facilitation Office (IPFO) catalog. The government positions these projects as long-term investment opportunities supported by structured concession schemes and selective state assistance.
Indonesia Toll Road Projects Target Australian Investors
The Indonesian government continues to strengthen engagement with Australian infrastructure investors by presenting ready-to-offer toll road projects. Deputy for Basic Infrastructure at Kemenko IPK, Rachmat Kaimuddin, said the ministry has taken a proactive role in introducing investment-ready projects directly to potential partners from Australia.
“In December (2025), we held an activity to update the catalog. We have now launched it on the website. Earlier, I also met several potential investors from the Australian government and business sector. I told them, ‘This is the catalog, please take a look and see which projects interest you,’” Rachmat said after attending the Indonesia Economic Summit in Jakarta on Tuesday (3/2/2026).
Accordingly, Kemenko IPK acts as a facilitator between investor needs and infrastructure priorities set by the Indonesian government. The ministry focuses on ensuring that foreign investors can access clear and structured project information while aligning opportunities with national development goals.
IPFO Infrastructure Catalog Highlights New PPP Toll Roads
The IPFO infrastructure catalog serves as the primary reference for investors seeking opportunities in Indonesia’s infrastructure sector. Updated and officially launched in December 2025, the catalog features dozens of projects across multiple sectors, including toll roads and transportation infrastructure.
Rachmat emphasized that the projects offered are entirely new toll road sections, rather than extensions of existing routes. “Our task is to connect investors with projects. There are many types, including toll roads and transportation-related infrastructure,” he said.
Moreover, all toll road projects in the catalog follow public-private partnership (PPP) schemes. These include both solicited projects initiated by the government and unsolicited proposals submitted by private entities. Through this structure, the government aims to balance investor flexibility with regulatory certainty.
Major Toll Projects and Investment Value Overview
Based on the IPFO catalog for the fourth quarter of 2025, several large-scale toll road projects stand out due to their investment size and strategic importance. The Sentul Selatan–Karawang Barat toll road represents the largest opportunity, with an estimated investment value of approximately USD 2.13 billion. The project carries an indicative equity internal rate of return (IRR) of 16.27 percent, positioning it as one of the most attractive offerings in the portfolio.
Meanwhile, the Pejagan–Cilacap toll road is projected to require around USD 1.62 billion in investment. Although the government continues to calculate its IRR, the project remains a priority due to its role in improving regional connectivity.
Another key project is the Gilimanuk–Mengwi toll road, specifically the Pekutatan–Soka–Mengwi segment. As a National Strategic Project (PSN), it is expected to attract approximately USD 660 million in investment. However, the government continues to finalize its projected returns alongside updates to the final business case.
Long-Term Concessions and Government Support Measures
The government offers these Indonesian toll investment opportunities under long-term concession periods ranging from 40 to 50 years. This structure allows investors to secure stable returns over an extended timeframe while supporting Indonesia’s infrastructure expansion.
In addition, several projects require government support, particularly in land acquisition and early-stage construction. By assisting in these critical areas, the government aims to reduce upfront risks and improve overall project feasibility for foreign investors.
Not all infrastructure initiatives have entered the offering stage. Rachmat confirmed that the giant sea wall project has not yet appeared in the catalog due to ongoing design work. “The GSW is not included yet because it is still being designed. Once it is ready this year, we will announce it publicly together with our colleagues at the Java North Coast Authority,” he said.
Australia’s Growing Role in Indonesia Toll Investment
Through the IPFO infrastructure catalog, Indonesia continues to position itself as a competitive destination for Australian infrastructure investors. By offering new toll road projects under clear PPP frameworks, long concession periods, and targeted government support, the country aims to attract long-term foreign capital. As project preparation advances, Australia is expected to play an increasingly important role in Indonesia’s toll investment landscape.
Source: cekindo.com, letsmoveindonesia.co.id
Image: Moladin.com
