ares for the Jakarta-Bandung high speed train, which is expected to operate in 2020, may reach Rp 500,000 (US$35) without a government subsidy.
“This is a business-to-business project. It is different from the light rapid transit [LRT] project,” said Office of the Coordinating Maritime Affairs Minister expert staffer Atmadji Sumarkidjo in Jakarta on Monday as reported by tempo.co.
He said many factors would be taken into account in deciding the fares.
The investment required for the 140-kilometer railway project was estimated at $5.9 billion.
State-owned Enterprises Minister Rini Soemarno said previously that construction would start in February and was expected to be completed in October 2020.
Meanwhile, Coordinating Maritime Affairs Minister Luhut Pandjaitan declined to comment on the estimated fares.
Chairman of the Indonesian Transportation Society’s (MTI) train transportation forum, Aditya Dwi Laksana, said the government needed to announce the estimate fares to determine the feasibility of the project both financially and commercially.
“People will consider two things – fares and access. Although travel time is 30 minutes [from Jakarta to Bandung], people will still consider ticket prices,” Aditya added. (bbn)
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