Friday, October 9 2015

Tough Discussion On Monorail Project

Hedwi Prihatmoko, Yanita Petriella, Arsyad Paripur Thursday, February 20 2014, 7:21 am

JAKARTA - Jakarta Provincial Government has not reached an agreement with PT Jakarta Monorail (JM) related to the clause of cooperation agreements (PKS) for the continuation of monorail construction.Jakarta Spatial Planning and Environment Deputy Governor Sarwo Handayani said the clause that has not been agreed upon includes purchase value of monorail poles from PT Adhi Karya Tbk, provision of collateral value of the project, and ticket price design.“The PKS must be completed with care and it takes time, but it is agreed to be accelerated in order to complete by the end of February. With the condition, all requirements are fulfilled,” he said Wednesday (2/19).  Regarding the purchasing of old monorail poles, he said the provincial government has asked the Financial and Development Supervisory Agency (BPKP) to determine the value of old monorail poles, which cont ...

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