Tue, 28 Aug 2007
The government plans to build a railway line linking Jakarta with the main Soekarno-Hatta International Airport in an effort to ease the city's traffic problems, the railroad operator's chief said on Wednesday (22/8/07).

PT RaiLink, a joint venture firm between state-owned railway company PT Kereta Api and state-owned airport operator PT Angkasa Pura II, expects to wrap up the 18-km railroad by 2009 and predicts it will be used by some 9 million passengers a year, the company's president director, Masjraul Hidayat, told Reuters.
The Rp1.7 trillion ($180.2 million) project is part of the government's ongoing efforts to ease traffic in the city.

"We expect to carry around 20% to 30% of passengers traveling to and from the airport. According to our recent survey, there were about 30 million passengers traveling via Soekarno-Hatta airport in 2006," Hidayat said.

He said RaiLink is still considering options to finance the projects. He did not elaborate.



News Search/Filter
Transaction Rates
24 Oct 17
Buy
Sell
BTC1
78,828,678
78,828,678
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services