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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Financial closure for LRT in November

  • Marchio Irfan Gorbiano

    The Jakarta Post

Jakarta | Wed, September 13 2017 | 12:29 am

PREMIUM The government is harmonizing all regulations pertaining to the light rapid transit (LRT) project in Greater Jakarta to reach financial closure in November.Financial closure, a phase in which all conditions of a financing agreement are met, is vital in allowing for the disbursement of funds for a project. Coordinating Maritime Minister Luhut Binsar Pandjaitan said the government aimed to finalize...