The Jakarta Post
The construction of a railway that will connect Manggarai Station in Jakarta and Soekarno-Hatta International Airport in Banten will not commence until the end of 2014 because the feasibility study process is taking more time than expected, a financier said.
State infrastructure financing company PT Sarana Multi Infrastruktur (SMI) corporate secretary Astried Swastika said cost analysis pertinent to land acquisition was the crux of the problem.
“We need at least two years for preparation because this project is built under a public-private partnership,” Astried said on Tuesday.
The project has been on the back burner since 2005 due to a variety of problems until the Transportation Ministry decided in 2011 to bring in SMI to help with financing and start pre-feasibility and feasibility studies.
Both parties had committed to kick-off the construction of the ...