To support the economic growth, on March 1, 1978, the Government issued Regulation number 4 year 1978 on the establishment of PT Jasa Marga (persero) Tbk. Indonesia to provide a reliable road network in the country. Jasa Marga's 1978-constructed Jakarta-Bogor-Ciawi Toll Road is a milestone in the history of the toll road industry in Indonesia. At an earlier stage of its establishment, besides functioning as an operator, the Company also had an authority on toll roads in the country. Until 1987, Jasa Marga has been the only toll road operator in Indonesia funded by the Government through foreign loans and bond issuance. At the end of the 80s, the Government of Indonesia began to include private sectors to participate in developing the Read more