Sunday, December 3, 2023

Hungary and Indonesia collaborate to develop multi-lane free flow toll road through PT Roatex Indonesia Toll System

Reading Time: < 1 minute
Audina Nur

Journalist

Mahinda Arkyasa

Editor

Interview

Hungary has been increasing its investments in Indonesia, specifically in digital technology solutions, with a focus on the Multi Lane Free Flow (MLFF) project, an untouched toll road initiative.

This project, undertaken by the joint venture PT Roatex Indonesia Toll System between Hungary and Indonesia, involves a substantial investment of US$300 million, equivalent to approximately IDR 4.7 trillion.

Ilona Tóth, Deputy Mission of Hungary to Indonesia, disclosed that MLFF stands as one of Hungary’s most significant historical investments, with a value of US$300 million.

This was revealed during a media briefing after the opening of HunIndotech 4.0 in Jakarta on Tuesday, November 14, 2023. Hungary’s Ambassador to Indonesia, Lilla Karsay, characterized MLFF as a success story in Hungary’s trade and investment for 2021, highlighting it as the largest technology transfer export in the history of Hungary’s modern economy.

In alignment with this, Indonesia’s Minister of Public Works and Public Housing (Menteri PUPR) Basuki Hadimuljono confirmed that the trial for the non-cash toll transaction system, MLFF, in Bali is scheduled for the second week of December 2023. T

he trial, spanning approximately two weeks, will undergo evaluation by the end of December. Basuki Hadimuljono emphasized the challenges associated with transitioning from non-cash payments to MLFF, underscoring the necessity for a shift in user attitudes and discipline.

Following a successful trial in Bali, subsequent trials are planned for other toll roads in Java, particularly in Jakarta. The MLFF-based transaction system aims to create entirely barrier-free toll sections, eliminating restrictions at toll gates.

Audina Nur

Journalist

Mahinda Arkyasa

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

President Joko “Jokowi” Widodo inaugurated the Tangguh Train 3 National Strategic Project (PSN) in Teluk Bintuni regency, West Papua province, on November 24, 2023. The newly inaugurated facility is poised to enhance Tangguh’s annual LNG production to an impressive 11.4 million tonnes.
Contemporary Amperex Technology Co (CATL), a prominent Chinese battery manufacturer, is set to fulfill its investment commitment for an Indonesian battery project in early December 2023.
State-owned mining holding company PT Timah has announced that it is currently conducting a study on the mining of rare earth metal monazite.
Ernst & Young (EY), an international audit institution, assesses that the main obstacles to investing in new renewable energy (NRE) in Indonesia are the lack of viable projects and obstacles in policies and processes.
TikTok is planning joint venture collaboration with a number of companies in Indonesia including Tokopedia, Blibli, Bukalapak, and CT Corp in an effort to re-enter Indonesia.
Independent Power Producers (IPPs) are expressing optimism about the Comprehensive Investment and Policy Plan (CIPP) under the Just Energy Transition Partnership (JETP)