Agung Podomoro (APLN) Disburses IDR 50 Billion for the Construction of Tenjo Flyover

March 30, 2024, 10.27 PM  | Reporter: Rashif Usman
Agung Podomoro (APLN) Disburses IDR 50 Billion for the Construction of Tenjo Flyover

ILUSTRASI. Logo Agung Podomoro Land Tbk (APLN)

PROPERTY MARKET - BOGOR. PT Agung Podomoro Land Tbk (APLN) has invested Rp 50 billion for the construction of the Tenjo flyover, Bogor Regency, West Java. The project will connect Podomoro Tenjo City with Tigaraksa Station with a bridge length of 270.

The President Director of Agung Podomoro Land (APLN), Bacelius Ruru, said that the financing for the construction of the project came from Corporate Social Responsibility (CSR) funds. The infrastructure project is targeted to be completed this year.

"By connecting various important points and facilitating mobility, we are not only creating efficiency but also opening up a new economy by strengthening connectivity between regions. We aim to finish this year," said Bacelius during the Groundbreaking Flyover Tenjo agenda in Bogor Regency, on Saturday, (30/3).

Read Also: Moody’s Ratings Turunkan Peringkat APLN ke Caa3

Bacelius stated the existence of the Tenjo flyover will increase accessibility, and create a wide and sustainable multiplier effect, thus contributing to the economy in the Tenjo area.



In addition, he added that the Tenjo flyover is tangible evidence of APLN's commitment as a property developer to sustainable and inclusive development.

"We hope that the construction of the Tenjo flyover can run smoothly and under the expected targets and can be used by the community soon," he said.

At the same event, the Minister of Transportation, Budi Karya Sumadi, stated that the groundbreaking of the Tenjo flyover today is an important moment that provides many benefits in increasing accessibility to support the mobility of the Tenjo area community.

Read Also: APLN Dibayangi Risiko Gagal Bayar Obligasi Jatuh Tempo

The presence of this infrastructure is a good initiative, as well as being a responsible development activity directly related to the surrounding community of Tenjo, in line with President Joko Widodo's vision and mission about the importance of inclusive infrastructure equality to build connectivity between regions.

"This flyover is one of the pilot projects that is a good collaboration and becomes an example for other projects to solve the crossing field which is indeed a national problem," said Minister Budi.

Editor: Syamsul Azhar

Latest News