PRESS RELEASE
PT Jasamarga Related Business
No. 9/2021
June 25, 2021
Jakarta, (25/6) – As an effort to strengthen its business line in the development of toll road corridors, PT Jasamarga Related Business (JMRB) is studying the potential for developing a backbone for fiber optics along the Trans Java Toll Road.
President Director of PT JMRB Cahyo Satrio Prakoso emphasized that PT JMRB is trying to optimize toll road corridors to develop backbone fiber opticIn this case, PT JMRB does not enter directly into the internet business, but provides backbone for fiber optics. According to him, the business opportunity is motivated by the concession of the Trans Java Toll Road managed by the Jasa Marga Group, which is 1,167 km long.
“Basically, PT JMRB is not an provider , but rather develops a backbone for fiber optics. Currently, backbone on the island of Java is still needed to connect cities on the island of Java so as to facilitate data transfer. This is done as an effort to optimize the benefits of toll road corridors belonging to the Jasa Marga Group, especially on the Trans Java Toll Road,” he said.
Cahyo added, the market potential for fiber optics is in line with the massive development of technology globally as seen from the growth of online applications and other technologies, as well as the increasing demand for internet networks. Plus, Indonesia will start 5G infrastructure by several cellular operators.
“Currently we are conducting a review process on various details related to the development of backbone of this fiber opticWe are trying to implement the study process by the end of 2021,” explained Cahyo.
development backbone for fiber optics can support and bridge the distribution of fiber optic infrastructure. He said that in the future it is possible for PT JMRB to develop backbone throughout Indonesia, considering that Jasa Marga Group holds the majority of toll road concessions throughout Indonesia.
The strengthening of the digital utility business line is in line with PT JMRB’s plan to conduct an Initial Public Offering (IPO) in the near future. In addition to digital utilities, PT JMRB is also intensively conducting studies and development of toll road corridors or Toll Corridor Development (TCD). Nearby, PT JMRB will start the TCD Taman Mini Indonesia Indah (TMII) and Jasa Marga Tower projects.