Asian Infrastructure Investment Bank Visits MRT Jakarta Office
Reported by Wuri Setyaningsih | Translated by
A number of Asian Infrastructure Investment Bank (AIIB) officials, visited the Jakarta Mass Rapid Transit (MRT) Office at Wisma Nusantara and the first phase of Jakarta MRT project at HI Roundabout, Monday afternoon (3/12).
PT MRT Jakarta has also become one of the representative government in managing urban transport and mobility aspects of society
The visit was aimed to directly see the progress of the project and dialogue with PT MRT Jakarta related to funding scheme, tariff, and business potential of non-fare box MRT Jakarta.
PT MRT Jakarta President Director, William Sabandar explained that there were at least four possible schemes. First, it was inter-governmental loans with equity investment from government financing.
Two MRT Trains Shipped From Japan"Second, it's commercial corporate finance in the form of asset-based, corporate bonds, or export credit agencies for imported components," he explained, Tuesday (3/13).
Third, it was partnerships between government and business entities (PPP) and Initial Public Offering (IPO). In addition, PT MRT Jakarta was appointed as the sole operator of transit-oriented development (TOD) for phase I and II.
This appointment could be one of the non-fare box revenue sources that ensure the sustainability of MRT Jakarta's project and operations.
"Additionally, PT MRT Jakarta has also become one of the representative government in managing urban transport and mobility aspects of society," he stated.
