- Business
- PT Jasa Marga (Persero) Tbk operates as Indonesia's leading state-controlled toll road company, planning, constructing, operating, and maintaining toll roads and associated facilities including rest areas; it directly manages 13 toll road concessions and oversees nine additional concessions through subsidiaries such as Jasamarga Transjawa Tol, Jalan Tol Lingkar Luar Jakarta, Marga Sarana Jabar, Trans Marga Jateng, and Jasamarga Bali Tol. The company oversees approximately 73% of Indonesia's total toll road network, spanning roughly 593 kilometers of operational roads primarily concentrated in the Greater Jakarta area of West Java, as well as East Java, Central Java, North Sumatra, and Bali. Established in 1978 and headquartered at Plaza Tol Taman Mini Indonesia Indah in East Jakarta, it serves as the dominant player in the nation's transport infrastructure sector, targeting high-traffic urban corridors and economic hubs. In September 2024, a GIC-MPTC consortium signed a share purchase agreement to acquire a 35% stake valued at approximately USD 1 billion in its key subsidiary Jasamarga Transjawa Tol, marking a major strategic investment to support ongoing toll road expansions and operations amid growing regional infrastructure demand.