Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
weather-icon
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • weather-icon

    Wed

    26℃ - 32℃

  • weather-icon

    Thu

    25℃ - 32℃

  • weather-icon

    Fri

    25℃ - 31℃

  • weather-icon

    Sat

    26℃ - 30℃

LRT fare set at Rp 12,000

  • News Desk
    News Desk

    The Jakarta Post

Jakarta | Fri, July 21, 2017 | 07:45 am
LRT fare set at Rp 12,000 Workers construct metal frames for the LRT project in Makasar subdistrict, East Jakarta, on Feb. 7. (JP/P.J.LEO)

State-owned railway operator PT Kereta Api Indonesia (KAI) has decided on Rp 12,000 for the fare on light rail transit (LRT) lines in Greater Jakarta.

“We believe that Rp 12,000 is an affordable fare for people,” PT KAI president director Edy Sukmoro said as reported by kontan.co on Thursday.

The fare was decided based on the following assumptions: interest rates at 7 percent, 116,000 passengers per day, 20 years of loan tenor, an 8.6 percent internal rate return, Rp 7.6 trillion capital injection from state funds, a Rp 1.4 trillion capital injection by Adhi Karya as the developer and Rp 15 trillion in subsidies from the government.

“It is also with the assumption that the number of passengers and the fare rate will grow at 5 percent annually,” he added.

The LRT construction is set to run in two phases.

The first phase will connect Bogor in West Java to Jakarta, spanning 43.3 kilometers across Cibubur-Cawang, Bekasi Timur-Cawang and Cawang-Dukuh Atas. This initial phase is expected to be completed in 2019.

Meanwhile, the second phase will go through a 38.5 kilometer-long route from Cibubur-Bogor and Dukuh Atas-Palmerah-Senayan to Palmerah-Grogol. (bbn)

Topics :

Join the discussions