Jabodebek LRT Progress at 83.5% as Cost Overrun Reaches Rp2.6tn
TEMPO.CO, Jakarta - The Jabodebek (Jakarta, Bogor, Depok, Bekasi) Light Rail Transit (LRT) project has so far reached an overall progress of 83.51 percent. The project's cost overrun had also reached Rp2.6 trillion, an impact of the delay on the first commercial operation date.
"The overall progress as of M4 June 2022 is 83.51 percent," head of the Jabodebek LRT Division of PT KAI Mochamad Purnomosidi said when contacted on Thursday, July 14.
He said that of the total project investment of Rp32.5 trillion, Rp22.3 trillion was borne by PT KAI through syndicated facilities, while Rp10.2 trillion came from state capital participation (PMN).
According to Purnomosidi, there has been no request for additional PMN. "So far, the PMN that was disbursed in 2021 is still sufficient," he said.
The government, he said, encouraged stakeholders to immediately complete this project, including its testing.
Earlier this month, Didiek Hartantyo, the president director of Indonesia's state railway company PT KAI, said that the LRT project is burdening the company. The KAI is assigned as the operator of the operation, maintenance, and exploitation of infrastructure and facilities projects that are combined into one project.
"The Rp20 trillion is our own debt. How are we supposed to pay it back if not supported by PSO (public service obligation) for infrastructure (LRT) acquisition? This design is wrong from the start," he said in a hearing with the House of Representatives' Commission V on July 6.
PT KAI is the operator of the Jabodebek LRT. According to the project's plan, the LRT will start commercial operation at the end of December. This is pushed back from the initial schedule, which was in August.