“PT Cinere Serpong Jaya (“CSJ”) operates as a toll road developer established on July 22, 2008. CCT obtained concession rights for the Cinere-Serpong segment with a concession period of 35 years.
Cinere – Serpong toll road will connect Cinere district in Depok with Serpong area in South Tangerang, with a total length of 10.1 km. The toll road is part of the Outer Ring Road project of Jakarta (JORR) II and connects the Jagorawi – Cinere toll road with the Kunciran – Serpong toll road.
Currently, CSJ shares are owned by Company of 34.99% and PT Jasa Marga (Persero) Tbk of 55.00% and PT Jakarta Propertindo (Jakpro) of 10.00% and PT Waskita Karya (Persero) Tbk 0.01%.”