TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsJakarta Council postpones additional funds for LRT, public housing
The Jakarta City Council raised concerns that JakPro would not be able to use the funds by the end of this year.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Workers remove debris after a construction crane used in the construction of the light rapid transit (LRT) fell on a building on Jl. Kelapa Nias Raya, Pegangsaan Dua, in Kelapa Gading, North Jakarta, on Oct. 17 last year. (The Jakarta Post/Bangkit Jaya Putra)
T
he Jakarta City Council budget committee rejected a request for Rp 2.3 trillion (US$154.94 million) in additional funds by city-owned developer PT Jakarta Propertindo during an annual budget readjustment meeting on Thursday.
Jakarta Propertindo, also known as JakPro, requested the funds to continue phase two of the construction of the light rapid transit (LRT) worth Rp 1.84 trillion and to build low-cost housing worth Rp 531.5 billion.
The budget committee rejected the request out of concern that JakPro would not be able to use the funds by the end of the year — a requirement to receive additional funds — as JakPro still needs to secure approval from the Transportation Ministry and the Jakarta Transportation Agency to continue the LRT construction.
Phase one of JakPro's LRT project will connect Kelapa Gading in North Jakarta to Velodrome in East Jakarta.
Furthermore, a 2014 regional regulation issued during former governor Joko “Jokowi” Widow's administration prevents JakPro from receiving more than Rp 10 trillion per year. Given JakPro has received Rp 9.4 trillion this year, it can only receive a maximum of Rp 591 billion in additional funds.
“We will just submit the proposal again next year,” said JakPro director Dwi Wahyu Daryoto as reported by tempo.co, in reference to the 2019 annual budget meeting.
“It’s not that the budget committee 100 percent disagreed with the additional funds. But they asked that we request the funds next year instead of this year,” he added. (nor/evi)
