Metro Pacific Tollways Corp. said over the weekend it is set to sign a deal to acquire a 35-percent stake in Jasa Marga Transjawa Tol , an Indonesian state-owned toll road operator this week in Jakarta.
“There’s always issues on documentation, last minute. Remember, Jasa Marga is a state-owned enterprise. They have their own systems of approval. It takes a bit more time than the private sector,” he said.
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