The Jakarta Post
The Jakarta administration says the construction on the city’s first Mass Rapid Transportation (MRT) system will commence in September next year.
Governor Fauzi Bowo said Monday that the city had just completed the pre-qualification selection process for the project bids last week.
“We will now continue with the tender auction for the project. We expect that construction contracts will be signed in September,” the governor told reporters at City Hall in Central Jakarta.
The MRT project is estimated to cost a total of Rp 15.5 trillion (US$1.7 billion), which will primarily be co-vered by a ¥120 billion ($1.46 billion) soft loan from the Japan International Cooperation Agency (JICA).
Fauzi said pending the tender auction process, the city would continue completing other preparations for the project, including a tender auction for the MRT’s mechanical an...