LRT Jakarta Phase 2B (Velodrome-Klender)

PT Jakarta Propertindo (PERSERODA) (JAKPRO) has been assigned by DKI Jakarta Provincial Government under Governor’s Decree 45/2020, an amandement of Governor’s Decree 154/2017– Assignment to Jakpro for the Development of LRT Facilities and Infrastructure to build and operate the Light Rail Transit Project

LRT Jakarta Phase 2 is also expected to bring economic benefits to the capital city such as:

• Direct economic benefits:
  1. Total vehicle operating cost avoided: USD 1,831 Million.
  2. Total cost time saving: USD 7,395 Million.
  3. Total cost emissions avoided: USD 126 Million.
  4. Total cost traffic accident avoided: USD 1,024 Million.
• Indirect economic benefits:
  1. Increasing price of properties along LRT Jakarta route.
  2. Increasing competitiveness of Jakarta.

Project Type

Soft Loan / Public-Private Partnership

Project Cost

USD 205 M

Investment Opportunity

Strategic Partner / Financial Support

Source of Revenue

Farebox, Non-Farebox Revenue, and any Government support

Current Status

Feasibility Study

Length

4.5 Km

Location

Velodrome - Klender

Expected Started Date

2026 (3 years construction)

Other Potential Opportunities

1. EPC Contractor

2. System and rolling stock supplier

3. Non-Farebox Business Partners, such as:

   • Advertising (e.g.   naming  rights,  out-of-home   advertising, digital business)
   • Retail lease
   • Telecommunication (e.g. fiber optic/ducting lease, wi-fi, and
   cellular tower)