“PT Citra Waspphutowa (“CW”) operates as a toll road developer established on August 5, 2009. CW obtained concession rights for the Depok – Antasari segment with a concession period of 40 years.
The Depok – Antasari toll road connects Antasari Road in South Jakarta with Sawangan, Depok and will connect with existing JORR toll roads (JORR W2.S and JORR S). This toll road will stretch along 21.54 km.
Currently, CW shares are owned by Company of 25.00%, and PT Pembangunan Perumahan (Persero) Tbk is 12.50%, while 62.50% is owned by PT Citra Marga Nusaphala Persada.”