IJInvestor Awards 2024 – Transport Acquisition, APAC
November 29, 2024
APG Asset Management (APG) and the Abu Dhabi Investment Authority (ADIA) investment in Indonesia’s Trans Java Toll Road sections of Kanci-Pejagan and Pejagan-Pemalang alongside the Indonesia Investment Authority (INA) was hailed as an important investment in the region, making it a natural winner of the “Transport Acquisition of the Year, APAC”.
The Kanci-Pejagan and Pejagan-Pemalang toll road sections reduce travel times between major urban centres and increase access to key industrial hubs – carrying an economic multiplier effect. A member of the independent judging panel said: “This is an important investment in Indonesia’s long-term infrastructure improvement programme.”
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