Railway equipment producer progress<\/p>\n
MADIUN, East Java (JP): PT Industri Kereta Api (Inka), the
\nstate-owned railway equipment producer, established in 1981, has
\nreported significant business progress after making a profit for
\nthe first time in 1992.<\/p>\n
Inka's president, Istantoro, said here on Wednesday that the
\ncompany's revenues had increased steadily from Rp 28.4 billion
\n(US$12.9 million) in 1992 to Rp 47 billion in 1993 and to Rp 65
\nbillion in 1994.<\/p>\n
"Inka's profits also increased steadily in line with the
\ngrowth of its revenues because it achieved a profit margin of
\nfive percent from its revenues," he told reporters visiting the
\ncompany's industrial complex together with Minister of
\nTransportation Haryanto Dhanutirto.<\/p>\n
Istantoro said Inka expects Rp 75.4 billion in revenues this
\nyear.<\/p>\n
He said the company's prospects for the future were bright
\nbecause it was supporting the country's railway transportation
\nsystem, which is now being promoted by the government.<\/p>\n
The executive said that, for example, his company was now
\nconstructing railway cars for the state railway company Perumka's
\nJS-950 express trains, which will link Jakarta and the East
\nJavanese capital city of Surabaya within nine hours.<\/p>\n
The JS-950 trains, whose introduction has been in preparation
\nsince 1993 by Perumka and Inka, are scheduled to start operating
\nin August of this year, when Indonesia celebrates its 50th
\nanniversary.<\/p>\n
Inka is currently testing the JS-950 cars on tracks between
\nMadiun and Solo in Central Java.<\/p>\n
Istantoro said that the Jakarta-Surabaya route was very
\nprofitable because the load factor of trains serving the route is
\ncurrently 85 percent on average.<\/p>\n
He said that each of the JS-950 trains will consist of eight
\nfirst-class 50-seat passenger cars, one grill car and one power-
\ngeneration car.<\/p>\n
Passengers will enjoy a comfortable ride as the cars'
\ninteriors will be ergonomically designed with fiberglass-
\nreinforced plastic module panels, he said.<\/p>\n
He said similar trains will be used on the Jakarta-Bandung,
\nJakarta-Yogyakarta and Jakarta-Semarang routes.<\/p>\n
Meanwhile, Minister of Transportation Haryanto Dhanutirto said
\nthat the government was now accelerating work on the doubling of
\nthe railway tracks on the Jakarta-Cirebon-Semarang-Surabaya and
\nBandung-Purwokerto-Yogyakarta-Surabaya routes.<\/p>\n
Istantoro said that his company, which is currently
\nparticipating in a tender for train project in Bangladesh, will
\ndevelop push-pull locomotives with electric-diesel engines in the
\nfuture. (icn)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/railway-equipment-producer-progress-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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