Toll Road to Ruin
The profit-sharing scheme for Jakarta's toll roads is a legacy of the corruption-ridden Suharto years, critics say. But the company that garners the lion's share of the profits won't easily give up its windfall.
Tempo
April 23, 2002
The revenue-sharing scheme between Jakarta's rival toll road operators—state-owned Jasa Marga and privately held CMNP—has long been a bone of contention. Yet a proposal to revoke a ministerial decree and renegotiate the scheme that would see more cash going to state coffers, has hit a massive roadblock.
Indeed, the latest meeting between the warring sides, scheduled for April 19, was a fiasco: President Director Daddy Hariadi of PT
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