PT Jasamarga Related Business

No. 10/2021

July 7, 2021

Jakarta, (7/7) – In order to establish business collaboration, MNC Group establishes a synergy with PT Jasa Marga (Persero) Tbk through its subsidiary, PT Jasamarga Related Business (JMRB). The exploration of cooperation between the two was marked by the signing of an online MOU on Wednesday (7/7).

The collaboration that was established with PT JMRB was carried out with PT Bank MNC Internasional Tbk, PT MNC Kapital Indonesia Tbk, PT MNC Vision Networks Tbk, and PT MNC Land Tbk. Each signed an MOU for business cooperation which includes digital banking ecosystem development cashless, digital content distribution for rest area tenants managed by PT JMRB, and property development.

MNC Group Executive Chairman Hary Tanoesoedibjo said, MNC Group has planned various innovative collaborations aimed at maximizing success for both parties. According to him, the existence of MNC Group and Jasa Marga Group which has a strong position in Indonesia makes the partnership established as a big step and will provide significant benefits for both, especially for the people of Indonesia. He also assessed that this collaboration could accelerate digitalization to financial inclusion to improve the national economy.

“MNC Group’s products and services will be integrated end-to-end in the PT JMRB ecosystem, which can complement and strengthen the Jasa Marga Group’s business from upstream to downstream. MNC Group’s businesses from the media, financial services, and entertainment hospitality will explore various innovative projects from this strategic partnership,” he explained.

Jasa Marga’s Director of Business Development, Arsal Ismail, said that the signing of this MOU was an initial assessment carried out by PT JMRB as one of the strategic efforts of the Jasa Marga Group to increase the group ‘s revenue in terms of non-toll revenues.

“This MOU is not exclusive only between PT JMRB and MNC Group. In the future we will open if there are other parties who will participate.

Indeed, currently MNC Group has a business plan that is in accordance with PT JMRB’s future development plans, so we hope that this synergy will work well. We are very open to the potential for collaboration with other agencies, especially in the development of the property business, rest areas and digital content. This collaborative effort is one of the strategies for Jasa Marga Group to balance revenues from the toll road sector that has been affected by the pandemic so far,” said Arsal.

The President Director of PT JMRB Cahyo Satrio Prakoso said the same thing. According to him, PT JMRB is intensifying the development of a number of business lines, namely Toll Corridor Development (TCD), development and management of rest areas, utilization of toll road corridors for advertising and utilities, as well as digital content. According to him, the potential possessed by toll roads is not only as a mobilization infrastructure for the flow of distribution of goods and services. Therefore, PT JMRB continues to optimize the potential of toll roads, especially the development of areas or corridors around toll roads.

“Jasa Marga has concession rights for 1,603 km toll roads throughout Indonesia, and PT JMRB is trusted to optimize the huge potential of the toll road corridor. For this reason, we are intensively collaborating with strategic partners to carry out this development, one of which is with the MNC Group. With the great potential of each party, we hope that this collaboration can make an innovative contribution to the homeland and nation,” said Cahyo.

PT Bank MNC Internasional Tbk through MotionBanking allows the provision of banking services and funding for tenant rest areas. Meanwhile, PT MNC Kapital Indonesia Tbk through its subsidiary, PT MNC Teknologi Nusantara with its flagship product MotionPay, can develop and provide digital transaction and payment systems in rest areas. Meanwhile, PT MNC Vision Networks Tbk allows the development of digital

content. And collaboration with PT MNC Land Tbk includes property development cooperation in toll road corridor areas.

PT JMRB itself, now manages 29 rest areas spread throughout Indonesia with more than 400 tenants who carry out business activities in them. Currently, PT JMRB is intensively conducting studies and development for the area around the toll road managed by the Jasa Marga Group. As of April 2021, Jasa Marga Group has operated 1,214 km of toll roads, or 52% of the total length of toll roads operating throughout Indonesia.

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