Saturday, October 5, 2013

Jakarta Mass Rapid Transit

Jakarta Mass Rapid Transit

Jakarta Mass Rapid Transit
Jakarta Mass Rapid TransitCurrent public transportation in Jakarta mainly consists of various types of buses, starting from the very small bemo and pickup sized mikrolet, to slightly larger minibuses and full sized city buses. There are also both two and four wheeled taxis. Current transport systems include the widely used MetroMini and Kopaja minibuses, the TransJakarta bus rapid transit system, and the Jabodetabek Commuter Railway system.
The rail-based Jakarta MRT is expected to stretch across over 108 kilometres, including 21.7 km for the North-South Corridor and 87 km for East-West Corridor(From Balaraja to Cikarang).
The North-South
phases.
corridor will be built in two
-
After the pipe-dream completion of MRT Phase I and II, together with TransJakarta will serve 60 percent total trips made by Jakartans.
This corridor is
study phase. The line is
currently in pre-feasibility
targeted to operate in 2027.
On March 31, 2009, Loan Agreement 2 for the amount of 48,150 billion Yen to build the Jakarta MRT System was signed by the Indonesian Government (represented by the Indonesian Ambassador for Japan) and JICA in Tokyo, Japan. This loan is to be forwarded from the National Government to the Jakarta City Administration as a grant (on-granting agreement). After the signing of the granting agreement for LA2, city administration will propose another two loan agreements for LA3 and LA4 to the central government. These proposals will become a lending agreement for the local government. The total amount of LA3 and LA4 addressed as a loan by the local government is about 71867 billion yen. This amount is based on the progress, outcome and absorbance of LA2. The total loan package from JICA for the development of the Jakarta MRT system is worth a total of 120 billion yen.
Work on the basic design for the 1st phase of the current version of the project began in late 2010. The tender process was underway in late 2012 when the new governor of Jakarta, Joko Widodo, unexpectedly said that he wanted a review of the project. After several months of uncertainty governor Joko Widodo announced that the project would go ahead. He listed it as one of the priority projects in the Jakarta city budget for 2013. Physical construction is expected to begin in 2013 and the line is expected to be operational by 2017.
PT Mass Rapid Transit Jakarta is a limited liability (Perseroan Terbatas) company founded by the Jakarta Provincial Government. Its establishment was approved by the provincial parliament (DPRD) on 10 June 2008 and final establishment was by notary act on 17 June 2008. Its purpose is to operate the Jakarta MRT System. The shares are composed from 99% Jakarta Provincial Government and 1% PT Pasar Jaya (another Jakarta Regional-Government-Owned Company). PT MRTJ is classed as a Regional-Government-Owned-Company (Badan Usaha Milik Daerah-BUMD). The BUMD form for PT MRTJ is designed not to create profits for the shareholders, but instead to create flexibility in accessing alternative financing, which would otherwise be impossible if the company was directly part of the government. With this, the cost of tickets sold to clients will be reduced with some of the operational cost being subsidised by other sources. The BUMD form also ensures transparency and accountability through the shareholders' General Meeting, Decision Making and Reporting System which will be publicly available.

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