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Jakarta Post

Forty consortiums join MRT tender bid

  • Andreas D. Arditya

    The Jakarta Post

Jakarta   /   Fri, May 20 2011   /  08:00 am

At least 40 consortiums have applied for a tender auction of Jakarta’s first Mass Rapid Transit (MRT) project, which is projected to cost Rp 15.5 trillion (US$1.81 billion).

The city administration said it was expecting more applications before the May 31 deadline. A pre-qualification selection process will be held before the tender auction in July, it said.

Tribudi Rahardjo, president director of city-owned PT MRT Jakarta, said the company would select the eligible companies within the next three to four weeks.

Tribudi said that among the requirements the bidding consortiums should fulfill were experience and expertise in MRT construction.

The cost of the MRT will be mostly covered by a ¥120 billion (US$1.46 billion) soft loan from the Japan International Cooperation Agency (JICA).

Tribudi said that half of the 40 consortiums were Japanese companies...