The Jakarta Post
The construction of a monorail network in the Greater Bandung area will remain on schedule for July, West Java Governor Ahmad Heryawan has said.
Heryawan showed his optimism following the signing of a memorandum of understanding (MoU) on the development of public transportion technology for Greater Bandung on Tuesday.
State-owned China National Machinery Import & Export Corporation (CMC) along with Jawa Barat Monorail, a joint venture between the Panghegar Group and various local government-owned enterprises in Bandung, will execute the construction of the train-based transportation system in Bandung.
CMC is now finalizing feasibility studies of over Rp 10 trillion (US$885 million) for the construction project, according to Heryawan.
The rapidly growing population of West Java, particularly in its capital of Bandung, has seen demands for an alternative transportation system in the province, such as a monorail network, increase.
'This monorail construction aims to solve traffic problems and ease the flow of people and goods in Bandung,' said Bandung Mayor Ridwan Kamil.
Panghegar Group president director Cecep Rukmana said the construction of a monorail in Bandung would use a business-to-business approach.
'In this business, there's a private party as well as local government-owned enterprises from the regional administration,' Cecep explained.
All stakeholders have agreed to fund 30 percent of the required investment for the whole monorail project.
The remaining 70 percent will be funded by bank loans from China, Cecep told reporters.
'PT Jasa Sarana, Panghegar and other local government-owned enterprises will fulfill 30 percent of equity. It is not only to build the monorail but also to finance other property projects related to the monorail project ,' he added.
The monorail's central station will be built in Leuwi Panjang, the city's bus terminal.
It will serve routes to Jatinangor in Sumedang regency in the east; Soreang in Bandung regency in the south; and Padalarang in West Bandung regency, west of Bandung City.
There will also be a route that heads to Ciumbuleuit, the shopping and education hub, in the northern part of the city. The first route to be constructed is Tanjungsari-Gedebage-Leuwi Panjang with a length of 28.95 kilometers.
'Leuwi Panjang will be the major station of the monorail. It will be built as multi-function area because there is terminal underneath it and there is property complex above it,' said Ridwan. (alz)