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View all search resultsThe financing package comprises a concessional loan of approximately 230 million euros and a 6-million-euro technical assistance grant from KfW, alongside counterpart funding from the Indonesian government.
The commuter railway station, set to be opened by June, is expected to help improve accessibility to the 82,000-seat stadium by visitors from the city center and other regions, especially during major concerts or sporting events.
President Prabowo Subianto and experts pointed to level crossings as a key factor leading to the fatal collision between a Greater Jakarta commuter train and an intercity train that killed at least 15 passengers and left 88 others injured.
In the case of the Commuter Line pricing system, the subsidy scheme is not only to serve the public good, but also to amplify the positive externalities of using public transportation, including less air pollution and less traffic congestion.
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