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Anxious to interest wary investors in the infrastructure
sector, Toll Road Regulatory Authority (BPJT) director Hisnu Pawenang
has called on the House of Representatives to keep out of the toll
issue.
Speaking to reporters at the offices of the BPJT on Wednesday, Wisnu
said that while legislators had the right to forward their views to the
Public Works Ministry, they should not be involved in determining the
actual amount of toll increases.
"According to the prevailing regulations, tolls are supposed to be
increased every two years. This mechanism must be upheld," he was
quoted as saying Wednesday by Antara.
Tolls need to be increased periodically, in line with the regulations,
to allow firms to accurately calculate the likely returns on their
investments, Hisnu said.
"We want to create a healthy climate in the toll road sector. Only with
a better investment climate will new investors put their money into
turnpike projects," he said.
He said the 26 percent toll increase for turnpikes in Greater Jakarta
that had been proposed by the BPJT to the Public Works Ministry was in
line with the inflation rate recorded by the Central Statistics Agency.
"It is bit high due to the fact that inflation was higher than normal
in November as a result of the increase in fuel prices in October," he
explained.
Tolls, except for those on the Jakarta-Cikampek turnpike, have not been
increased for nine years, he added. "So, the proposed toll increase is
fair," he said.
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