Weekly Business

March 25, 2003

New Jasa Marga-CMNP Arrangement

Jasa Marga could start counting its added revenue from the Cawang-Tomang-Pluit and Cawang-Tanjung Priok-Pluit toll roads. The toll road operator last Thursday managed to sort out with Citra Marga Nusaphala Persada (CMNP) their differences in the sharing of profits. Both sides agreed that CMNP would receive 55 percent of the profits, while the remainder would go to Jasa Marga. The new arrangement will be backdated ef

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