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Jakarta Post

KAI, MRT to establish joint transportation authority

  • The Jakarta Post

Jakarta   /   Tue, December 10 2019   /  01:10 am

In a bid to provide better public transportation services, state-owned railway operator PT Kereta Api Indonesia (KAI) and city-owned transportation company PT MRT Jakarta have signed an agreement on the establishment of a joint venture company to manage transportation in Greater Jakarta.The agreement was signed by KAI president director Edi Sukmoro and MRT Jakarta president director William Sabandar at City Hall, Central Jakarta, on Monday and witnessed by Deputy State-Owned Enterprises (SOEs) Minister Kartika Wirjoatmodjo and Jakarta Governor Anies Baswedan.Earlier this year, central government officials announced that public transportation in Greater Jakarta would be managed under one authority led by the Jakarta administration. The entity will manage public transportation-related aspects, including fares and routes.The joint venture company will be 51 percent owned by MRT Jakarta and ...