TheJakartaPost

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

LRT progress reaches 35%, constructor waits payment

News Desk (The Jakarta Post)
Jakarta
Wed, March 14, 2018

Share This Article

Change Size

LRT progress reaches 35%, constructor waits payment Using heavy two giant cranes, workers fix a U-shape at the Greater Jakarta light rail transit (Greater Jakarta LRT) project on Jl. Rasuna Said, Kuningan, South Jakarta on Wednesday. (Antara/Galih Pradipta)

T

he construction progress of Greater Jakarta’s light rail transit (the Greater Jakarta LRT) or LRT Jabodetabek has reached 35 percent, said state-owned construction company PT Adhi Karya president director Budi Harto in Jakarta on Wednesday.

He said his company was now waiting for the second payment because it had spent Rp 7.7 trillion (US$539 million) from the total project value of Rp 29.9 trillion. 

In the first payment, he added, his company had received Rp 3.42 trillion. “We hope we will receive a payment of between Rp 2 trillion and Rp 3 trillion within the next three months,” Budi said, as reported by kontan.com.

He expressed the hope that state-owned railway operator PT Kereta Api Indonesia (PT KAI) would process the payment soon because Adhi Karya had allocated the fund for capital expenditure and to pay debt.

There are two LRT lines passing through Jakarta, namely the Greater Jakarta LRT and the Jakarta LRT.

The Greater Jakarta LRT will depart from Bogor, Bekasi, Cawang, Kuningan and stop at Sudirman station, while the Jakarta LRT will depart from Kelapa Gading, Rawamangun, Manggarai and also stop at Sudirman station. (bbn)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.