Indonesian Capital Seeks More Funds, Strategic Partners for Rail Expansion
Jumat, 10 Juli 2020 | 15:00 WIB
KONTAN.CO.ID - JAKARTA. The operator of the Indonesian capital's mass rapid transport network is seeking 10 trillion rupiah ($698 million) in extra funds to complete a second line, and hopes to find strategic partners for a third and fourth line, a senior executive said.
Municipally owned MRT Jakarta is seeking more funding from the Japan International Cooperation Agency (JICA) to complete its 12 km (7.5 miles), second-phase development, and combine that with financing from local investors, its president, William Sabandar, told Reuters
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