Until the end of 2023, PT Jasamarga Transjawa Tol has 10 (ten) Subsidiary Entities, including: 5 (five) Subsidiary Entities and 4 (four) Joint Ventures and 1 (one) Special Purpose Company (SPC) as a strategic support in the development of business and profitability enhancement.
Description of PT Jasamarga Transjawa Tol's business structure in an effort to create continuity
PT Jasamarga Transjawa Tol (JTT) is a Subsidiary of PT Jasa Marga (Persero) Tbk which manages the operation of the Trans Java Toll Road and the Company's equity participation in subsidiaries and associates that own the Trans Java Toll Road concession.
JTT acts as an asset manager who has authority at the level of Sub Holding, Representative Office, and Subsidiaries with the scope of work covering planning, management, monitoring, review, and evaluation.
The total length of the Trans Java Toll Road operated by JTT is +-676 km or 56% of the total length of Toll Roads owned by the Jasa Marga Group.
The scope of the JTT area currently oversees 4 segments and 9 Toll Roads belonging to the Toll Road Subsidiary Company (APJT) that are already operating.
In accordance with the Company’s Articles of Association as stated in the Deed of Amendment to the Company’s Articles of Association Number 12 dated 30 December 2019, the Company’s purpose and objective are to implement its business in the field of Trans Java Toll Road services or industry, which include the construction, operation and maintenance of Toll Roads; Toll Road acquisitions; investment in Toll Road sector as well as other businesses in accordance with the provisions and prevailing rules and regulations.
To achieve the abovementioned purpose and objective, the Company may conduct the following business activities: