n an effort to facilitate seamless commutes in the city, Jakarta-owned transportation company PT MRT Jakarta, the operator of the country's first subway system, expected to become the backbone of public transportation in the capital, will establish two new subsidiaries and a joint venture to develop an integrated public transport system.
MRT Jakarta president director William Sabandar said the two new subsidiaries would focus on developing supporting facilities and transit-oriented development (TOD) projects, a concept that integrates residential, business and leisure space within walking distance of public transportation.
The planned joint venture will involve MRT Jakarta and city-owned companies Transjakarta and Jakarta Propertindo (Jakpro). It focus on integrating the ticketing system of the MRT, the LRT, Transjakarta and angkot (public minivans) operated under the Jak Lingko network.
“We hope that the subsidiaries and the joint venture can be established this year to ensure that we are seamlessly integrating public transportation and ticketing systems,” William said recently.
The TOD subsidiary, which is expected to be in business by the second quarter this year, will cooperate with property developers and other institutions willing to invest in the project, according to William.
It will be followed by the other subsidiary, which will begin developing supporting facilities by the third quarter this year, before the joint venture starts building the integrated ticketing system by the end of this year.
Former Jakarta governor Djarot Saiful Hidayat issued in 2017 a gubernatorial decree appointing MRT Jakarta the TOD operator in the city. However, the lack of details about its specific tasks as a TOD operator hampered the company’s measures to develop TOD projects, prompting Governor Anies Baswedan to revise the decree recently.
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