The New King of Toll Roads

In the future, Bakrie will control one-fifth of the Trans-Java toll road sections, from Kanci to Semarang. Jasa Marga lost out.

August 7, 2007

IN terms of swallowing up companies, the Bakrie Group is certainly known to be one of the “leaders.” Four years ago, this business group caused a storm after it suddenly acquired the coal mining company PT Kaltim Prima Coal from Rio Tinto and BP Plc. This was despite the fact that at the time negotiations between the government and these two global mining giants were still continuing.

Now a similar such storm has been created with Bakrie’s

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