Key insights and market outlook
PT Adhi Karya (Persero) Tbk (ADHI) and PT Nusa Raya Cipta Tbk (NRCA) joint venture is set to begin construction of the Patimban Access Toll Road Package I in Q1 2026. The project, valued through a KSO (Kerja Sama Operasi) agreement, spans 7.10 kilometers and will be completed within 16 months. The construction is part of a larger infrastructure development supporting Patimban Port, Indonesia's key economic project.
The joint venture between PT Adhi Karya (Persero) Tbk (ADHI) and PT Nusa Raya Cipta Tbk (NRCA) is poised to start construction of the Patimban Access Toll Road Package I in the first quarter of 2026. This significant infrastructure project is being executed through a Kerja Sama Operasi (KSO) agreement between the two major construction companies.
The Patimban Access Toll Road project is divided into two packages. Package I, which spans 7.10 kilometers, will be constructed by the ADHI-NRCA KSO with a completion timeline of 16 months. The concession is held by PT Jasamarga Akses Patimban (JAP), the designated Badan Usaha Jalan Tol (BUJT). The construction commencement follows the signing of the Construction Services Agreement for Package I (Sta. 0+000–7+100) on December 18, 2025, in Subang.
This infrastructure project is a crucial component of the broader Patimban Port development, a key national strategic project aimed at enhancing Indonesia's logistics and transportation infrastructure. The toll road will significantly improve access to the port, facilitating smoother logistics operations and supporting the overall economic viability of the port facility.
The construction is being executed through a KSO between ADHI and NRCA, with PT JAP overseeing the project as the toll road enterprise. The formal agreement was signed by Victor Nazarenko Mahandre, Director of PT JAP, and Rony Kusumanegara, representing the ADHI-NRCA KSO. This collaborative approach demonstrates the continued government support for major infrastructure projects through strategic partnerships between state-owned enterprises and private construction firms.
Infrastructure Project Commencement
KSO Agreement Signing