Wed, 23 Jun 2010
Jakarta (ANTARA News) - The Jakarta city government has decided to resume the city`s stalled monorail construction project after compensating the private company that initiated it for works already done.

Jakarta Governor Fauzi Bowo announced the plan at a plenary session of the Jakarta Legislative Council (DPRD) held to mark the city`s 483rd anniversary here Tuesday.

"We have reached an agreement to continue the monorail project as soon as we have settled the compensation problem with the private company that began it," Fauzi said in his address at the DPRD session.

At present, the State Financial and Development Comptrol Agency (BPKP) was making an assessment of the project`s assets the city government had to pay for, such as the pillars already built at certain locations in the city, he said.

The two-track monorail project came to a halt a few years ago because of difficulty to find investors willing to provide the funds needed to complete it.

In the meantime, the initiating company had already erected a number of pillars that would underpin the elevated ramps on which the monorail cars would run. The unfinisihed structures along some of Jakarta`s main thoroughfares were considered to be spoiling motorists` views.

The monorail project would be completed as part of the city government`s continuous efforts to create alternative mass transportation modes to match the national capital`s increasing road traffic density, Fauzi said.(*)


Wed, 23 Jun 2010
From: JakChat
Comment by Vulgarian
So the big news is that they're going to sling even more taxpayer money at Jusuf Kalla's company in return for a few rusted-out iron and beaten-up concrete pillars?







Wed, 23 Jun 2010
From: JakChat
Comment by KuKuKaChu
rusting iron and concrete towers are de rigueur for today's modern well-dressed city.

but fear not; this news item is merely a "wacana". no-one with actual money is going to go anywhere near this project.


Wed, 23 Jun 2010
From: JakChat
Comment by Vulgarian
The post-apocalyptic look is soooo in, dahling.



News Search/Filter
Transaction Rates
24 Aug 17
Buy
Sell
BTC1
54,892,023
54,892,023
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