MRT Jakarta Spends 30% of $1.5b Budget for 1st Phase Development

Workers constructing concrete pillars that form part of the Mass Rapid Transit (MRT) system in Lebak Bulus, South Jakarta, in this file photo. (Antara Photo/Reno Esnir)

By : Thresa Sandra Desfika | on 10:59 AM July 29, 2016
Category : Business, Economy

Jakarta. Mass Rapid Transit Jakarta, the Jakarta-administration controlled company responsible for development of rail-based mass rapid transportation in the capital, has spent about 30 percent of the total $1.5 bilion budget allocated for phase 1.

Jakarta's long-awaited public transportation is designed to stretch across 108 kilometers, consisting of the 21.7 km North-South line (from Lebak Bulus in South Jakarta to Kampung Bandan in North Jakarta) and an ambitious 87 km East-West Line spanning beyond the capital, from Balaraja in Banten province to Cikarang in West Java.

The phase 1 works involve developing a 15.5 km long rail-based train from Lebak Bulus to the Hotel Indonesia roundabout in Central Jakarta. This line will pass 13 stations, of which seven are elevated and six are underground.

President director of MRT Jakarta Dono Boestami said the $1.5 billion budget comes from loans from Japan, worth 125 billion yen, or equivalent to $1.18 billion. The remainder comes from capital injections from Jakarta government.

This budget is scheduled to be spent within five years, starting from the kick off of the project in 2013.

Dono said the company has spent 30 percent of the budget starting from 2013 to July 2016. The money, he said, has been spent, on various works including for construction preparations for elevated stations and underground, tunnel making to depot areas.

The transport ministry has approved the plan of development for the phase 1, part of the North-South line, since September 2010 and this section is now expected to be completed next year.

Still part of the North South Line, the phase 2 will involve extension of works from Hotel Indonesia roundabout to Kampung Bandan, involving 7 underground stations, one ground level. This phase is expected to be completed in 2018.

The government has made some estimates, suggesting that completions of the Phase 1 and 2, combined with routes served by TransJakarta public bus, will serve about 60 percent of total trips by people in Jakarta and its greater area.

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