PRESS RELEASE
PT Jasamarga Related Business
No. 5/2021
March 26, 2021
Jakarta, (26/3) – In the midst of going public or Initial Public Offering (IPO), PT Jasamarga Related Business (JMRB) is intensively preparing a number of preparations, one of which is by developing its business line. This was stated by the President Director of PT JMRB Cahyo Satrio Prakoso in a live broadcast of “Lunch Talk” on Berita Satu TV.
Cahyo said that the line of business that is being focused on by PT JMRB is the development of areas in toll road corridors, or Toll Corridor Development (TCD). According to him, toll road corridors have enormous potential, both from a business and economic perspective. Moreover, PT Jasa Marga (Persero) Tbk. and its business groups manage toll road concessions of approximately 1,500 km throughout Indonesia.
“In addition to TCD development, PT JMRB has utilized toll road corridors for business opportunities, including advertising media facilities and utilities such as fiber optics, oil pipes, gas pipes, as well as management and development of rest areas in order to fulfill Minimum Service Standards (SPM), ” he explained.
Furthermore, Cahyo also explained that currently PT JMRB is focusing on developing toll road corridors on the Jakarta-Cikampek Selatan section and the Jakarta Outer Ring Road (JORR) Toll Road. According to him, the potential of the Jakarta-Cikampek Selatan Toll Road has enormous potential, because it is a complement to existing sections such as the Purbaleunyi, Jakarta-Cikampek, and JORR sections.
“In the South Japek corridor, we plan to develop an industrial area that combines commercial and logistics areas in the South Japek Toll Road area. Meanwhile, on the JORR Toll Road section, we are currently exploring the planning for the development of a mixed use development area that combines residential, office and retail areas in one integrated location,” said Cahyo.
In addition to the two projects, Cahyo continued, PT JMRB is also exploring the development of the Taman Mini Transit Oriented Development (TOD) in the Jagorawi Toll Road corridor, carrying the concept of Transit Hub Development, namely the development of a transportation hub of various transportation modes that are integrated with commercial areas such as hotels. , offices, and retail. The wider line of business managed by PT JMRB is a process and effort to become a public company. In addition, PT JMRB also always opens opportunities for collaboration with strategic partners and maximizes its potential from the HR side. This is in line with the trust of PT JMRB as one of Jasa Marga’s “core businesses”.