PT Jasamarga Pandaan Tol

What PT Jasamarga Pandaan Tol does

PT Jasamarga Pandaan Tol is an Indonesian toll road operator holding a 37-year government concession (effective June 2015) to operate the 13.61-kilometer Gempol-Pandaan toll road in East Java. The company sits downstream in the state-owned Jasa Marga corporate chain, having been transferred in June 2022 from PT Jasa Marga (Persero) Tbk to intermediate holding PT Jasamarga Transjawa Tol. Originally incorporated in 1996 as PT Margabumi Adhikarya and renamed in 2013, PT JPT's primary function is regulated infrastructure provision rather than commercial enterprise: toll tariffs are set by the Ministry of Public Works and Housing (PUPR) through BPJT decisions and vary by vehicle class (Golongan I–V) and distance traveled. The concession connects major East Java economic centers — Surabaya's Tanjung Perak Port, surrounding industrial zones, and the Malang Raya tourism cluster — reducing travel time between Surabaya and Malang from 2.5–3 hours on non-tolled roads to approximately 1 hour.

The company's revenue model is dominated by regulated toll fees collected at three operational gates (Pandaan, Gempol 2, Gempol 3), supplemented by ancillary income from advertising along the toll corridor and office building rentals. Infrastructure financing has been raised through a Rp 785 billion medium-term Sukuk Ijarah issued in July 2019 (Series A: Rp 100 billion at 8.50%, 3-year tenor; Series B: Rp 685 billion at 9.00%, 5-year tenor; rated idAA-(sy)), with Series B successfully refinanced in June 2024. A syndicated bank loan facility — arranged with Bank DKI, Bank BJB, Bank Jatim, and Bank Mandiri as facility agent — funded the Phase II expansion (1.56 km), and a separate KIK-DINFRA infrastructure investment fund was launched in April 2019 as a secondary funding instrument. Tariff adjustments have occurred on a roughly biennial cadence (October 2017, January 2020, March 2022, April 2024).

Operationally, PT JPT runs a lean 9-employee structure, outsourcing road maintenance and construction to related Jasa Marga group entities (PT Jasamarga Tollroad Maintenance, PT Jasamarga Tollroad) and state-owned contractors (WIKA, Adhi Karya, with PT Multiphibeta as supervision consultant). Digital customer engagement is delivered through the parent group's Travoy 3.0 mobile application, providing real-time CCTV traffic monitoring, toll tariff information, rest area and SPBU locators, online towing (Derek Online), and Panic Shake emergency features. Recent governance milestones include SNI ISO 37001:2016 anti-bribery management system certification (20 August 2025), Gold-level Green Toll Road Indonesia certification (achieved 2023, renewed 30 December 2025), Risk Management Award 2023 (Best I in Risk Management Organization category), and consecutive Zero Accident awards from the Indonesian Ministry of Manpower (2023 and 2024).

Name

PT Jasamarga Pandaan Tol

Legal name

PT Jasamarga Pandaan Tol

Website

https://ptjpt.co.id

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

PT Jasamarga Pandaan Tol is an Indonesian toll road operator running a 37-year government concession for the 13.61-km Gempol-Pandaan highway in East Java, serving commuters, logistics carriers, and tourists between Surabaya, Pasuruan, and Malang under BPJT-regulated tariffs.

Ownership category

akta.pro rank

Product category

Toll Road Operations

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Managed Services & Operations Outsourcing for Tolling/RUC Programs (TLAJABAL)

akta.pro secondary industries

Back-Office Toll Transaction Processing, Billing & Customer Account Management (TLAJABAC), Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC) (TLAJABAH)

Keywords

• Toll road operations
• Toll road concession
• Highway infrastructure
• Toll collection services
• Toll road construction

Headquarters

HQ city

Pandaan, Pasuruan

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Others

Revenue model

1. Toll Road Operations & Concession Revenue: PT Jasamarga Pandaan Tol holds a 37-year toll road concession (from 2015) to operate the 13.61 km Gempol-Pandaan toll road. Revenue is generated from toll fees collected from vehicle users. Tariffs are regulated by the government (BPJT) and set per vehicle class. The company also earns ancillary revenue from advertising along the toll corridor and office building rentals.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

PT Jasamarga Pandaan Tol operates and maintains the 13.61 km Gempol-Pandaan toll road under a 37-year government concession awarded in 2015. The company collects regulated toll fees from vehicle users traveling between Surabaya, Pasuruan, and Malang in East Java, and delivers supporting services including traffic management, electronic toll collection, CCTV-based road monitoring, and ancillary revenue from advertising along the toll corridor and office building rentals.

Product overview

PT Jasamarga Pandaan Tol operates as a toll road concession company managing the 13.61-km Gempol-Pandaan Toll Road in East Java, Indonesia. The company offers three core service lines: toll road construction and operation (Jalan Tol Gempol-Pandaan), supplemental services (advertising and office space rental), and infrastructure funding instruments (Sukuk Ijarah and DINFRA). The digital companion application Travoy, developed by parent company Jasa Marga, provides users with real-time traffic, toll tariff, and safety features. The toll road connects major economic zones including the Port of Tanjung Perak, industrial areas, and tourism destinations in Surabaya, Pasuruan, and Malang.

Differentiator

Problem solved

Functional benefit

Products and services

• Gempol-Pandaan Toll Road (Jalan Tol Gempol-Pandaan) A toll road concession spanning 13.61 km connecting Gempol and Pandaan in East Java, Indonesia. Serves as a strategic link between Surabaya, Sidoarjo, Pasuruan, and Malang, supporting logistics distribution from Tanjung Perak Port and access to tourism destinations in Malang Raya. Operated since June 2015 under a 37-year concession.
• Toll Transaction Services Transaction services covering toll booth operations, electronic toll collection, and traffic management at the three operational toll gates (Pandaan, Gempol 2, Gempol 3) to ensure the security, smooth flow, and safety of toll road users.
• Travoy Mobile Application A digital assistant mobile application providing toll road users with real-time traffic monitoring, toll tariff calculations, nearby gas stations (SPBU), rest area information, tourism destinations, and emergency assistance including panic alerts and online towing services (Derek Online). Used as the digital customer engagement platform for PT Jasamarga Pandaan Tol.
• Advertising and Office Rental Services Ancillary non-core business services providing advertising space along the toll road corridor and office building rentals, developed to support the main toll road business.

Quantifiable outcome

• Travel time between Surabaya and Malang reduced from 2.5-3 hours to approximately 1 hour
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• PT Jasa Marga (Persero) TbkcoreStrategic or Co-development Partner · 1 March 2021Parent company and largest shareholder of PT Jasamarga Pandaan Tol. Launched the Travoy 3.0 app which PT JPT utilizes as its digital customer engagement platform. Jasamarga is Indonesia's first and largest toll road operator.
• PT Jasamarga Tollroad Maintenance (JMTM)coreStrategic or Co-development PartnerMaintained roads and bridges for the Gempol-Pandaan Toll Road. Executed construction of Gempol-Pandaan Phase II as the main contractor.
• PT Wijaya Karya (Persero) Tbk (WIKA)minorImplementation/ SI/ Consulting PartnerConstruction partner engaged in toll road projects under the Jasa Marga group. Listed state-owned construction company.
• PT Adhi Karya (Persero) TbkminorImplementation/ SI/ Consulting PartnerState-owned construction company engaged as a contractor partner for toll road projects.
• PT MultiphibetaminorImplementation/ SI/ Consulting PartnerServed as supervision consultant for the Gempol-Pandaan Phase II toll road construction project.

Scale indicators5 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• Transurban Group: Australia's largest toll road operator managing urban concessions in Melbourne, Sydney, Brisbane, and North America. Comparable as a publicly-listed, asset-concession-driven toll operator with regulated/concession revenue model serving high-growth urban corridors.
• PT Hutama Karya (Persero): Indonesian state-owned construction and infrastructure operator that holds significant toll road concessions, including the Trans-Sumatra corridor. Comparable as a state-owned Indonesian toll road operator with diversified infrastructure interests.
• PT Jasa Marga (Persero) Tbk: Indonesia's first and largest toll road operator and the ultimate parent of PT Jasamarga Pandaan Tol. Operates a nationwide portfolio of toll concessions including the Trans-Java network, with similar toll transaction revenue model and BPJT-regulated tariffs — directly comparable business model at significantly larger scale.
• CCR (Companhia de Concessões Rodoviárias): One of the largest toll road concession operators in Latin America, managing a diversified portfolio of Brazilian highway concessions. Comparable as a multi-asset toll road concession company with regulated tariff revenue and long-duration concession assets.

Direct peers

• PT Waskita Toll Road: Toll road subsidiary of PT Waskita Karya (Persero) Tbk, developing and operating multiple Indonesian toll road concessions. Comparable single-purpose toll road operating company within an Indonesian state-owned construction group structure.
• PT Marga Trans Nusantara: Jasa Marga group affiliate operating toll road concessions in Indonesia, including the Trans-Java network. Highly comparable as a fellow Jasa Marga group toll road concession operator with the same parent-company governance and BPJT tariff framework.
• PT Citra Marga Nusaphala Persada Tbk: One of Indonesia's pioneering private toll road operators, managing the Cawang-Tanjung Priok toll road in Jakarta and other segments. Closely comparable Indonesian toll road operator with a similar concession-based, tariff-regulated revenue model.

Emerging players

• PT PP (Persero) Tbk: Indonesian state-owned construction and infrastructure company with toll road concession interests. Comparable as a state-owned enterprise involved in Indonesian toll road development with similar regulatory exposure and infrastructure focus.

Others

• PT Jasamarga Tollroad Maintenance (JMTM): Sister Jasa Marga group entity providing toll road maintenance services, including maintenance of the Gempol-Pandaan toll road. Relevant as an ecosystem/operating partner that handles the maintenance operations PT JPT itself does not directly staff.
• PT Jasamarga Transjawa Tol: Direct parent company of PT Jasamarga Pandaan Tol and the holding entity for Jasa Marga's Trans-Java toll road assets. Provides the most direct structural and operational comparison, with shared group treasury, BPJT interface, and operational support functions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-jasamarga-pandaan-tol

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about PT Jasamarga Pandaan Tol