Fri, 23 May 2008
Jakarta (ANTARA News) - A long-delayed plan to privately fund a monorail to ease congestion in Indonesia's traffic-choked capital is "completely implausible", the World Bank said here Friday.

The plan to build the 27-kilometre (17 miles) network entirely with private sector money would be impossible, with the costs of running the scheme meaning heavy losses, the Bank's infrastructure specialist Hongjoo Hahm told AFP.

Hahm said a revised Bank study completed this week based on figures supplied by private firm PT Jakarta Monorail found that major government investment would be needed for the scheme to be feasible.

"We're saying (to the Jakarta city government) don't get your eyes glazed over by private sector guys that are trying to sell you something completely implausible," Hahm said.

"If you want to do this you better make a major fiscal commitment do this, that needs a national government decision."

The Bank's findings, which were passed to Jakarta Governor Fauzi Bowo Thursday, are the latest major blow to the beleaguered scheme, which has been delayed amid uncertainty over funding. (*)


Fri, 23 May 2008
From: JakChat
Comment by Piss Salon
Ya think?


Fri, 23 May 2008
From: JakChat
Comment by KuKuKaChu
well, d'oh ...


Fri, 23 May 2008
From: JakChat
Comment by Roy's Hair
One monorail incloodin' full 1 month- lifetime warranty an' damp coursin' squire? To you? Seven Billion quid an'I'm cuttin' me own froat.


Fri, 23 May 2008
From: JakChat
Comment by Capt. Mainwaring
I give the same dealer backed warranty with my chicks, any trouble, and we repair 'em.


Fri, 23 May 2008
From: JakChat
Comment by Roy's Hair
You 'n' Shelders get 'em up on the the old blocks ay?


Fri, 23 May 2008
From: JakChat
Comment by Capt. Mainwaring
I've MOT'ed them and given them all a thorough going over.

I'm afraid that Sheldon was useless when it came to PDI's but I was able to take over.


Sat, 24 May 2008
From: JakChat
Comment by Roy's Hair






Sat, 24 May 2008
From: JakChat
Comment by Capt. Mainwaring
Fuck that - I knocked 3 out this afternoon after searching through the SMP section of your URL.


Sat, 24 May 2008
From: JakChat
Comment by Dilli
Ahh, the Gallery, wonder where that came from!



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