PTPP Reports 93.94% Completion of Probolinggo-Banyuwangi Toll Road Project
Executive Summary
Key insights and market outlook
PTPP has achieved 93.94% progress in the construction of the Probolinggo-Banyuwangi toll road package 3 as of December 2025. The project, valued at Rp 1.99 trillion, is expected to be completed by March 2026. The 25.6 km toll road is being developed through a joint operation with PTPP leading the construction with a 50% share.
Deep Dive Analysis
PTPP Advances Probolinggo-Banyuwangi Toll Road Construction to 93.94% Completion
Project Overview
PTPP has made significant progress in the construction of the Probolinggo-Banyuwangi toll road package 3, achieving 93.94% completion as of December 2025. The project is on track to be operational by March 2026.
Project Details
The toll road spans 25.6 kilometers from STA 20+200 to STA 45+800, located in Probolinggo and Situbondo regencies, East Java. PTPP is leading the construction as part of a joint operation (JO) with a 50% stake. The contract value for PTPP's portion is Rp 1.99 trillion.
Development Impact
This infrastructure project is crucial for enhancing connectivity in East Java, supporting economic development in the region. The Probolinggo-Banyuwangi toll road is expected to improve transportation efficiency and stimulate local economic activities once completed.
Source References
Story Info
Topics Covered
Key Events
Toll Road Construction Progress Update
Infrastructure Project Milestone