{
    "success": true,
    "data": {
        "id": 1178665,
        "msgid": "transjakarta-set-to-become-corporate-entity-1447893297",
        "date": "2005-07-15 00:00:00",
        "title": "TransJakarta set to become corporate entity",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "TransJakarta set to become corporate entity Damar Harsanto, The Jakarta Post, Jakarta The Jakarta administration revealed Thursday that it would transform the TransJakarta Busway Management (BP TransJakarta) into a corporate entity in order to boost flexibility in handling the planned 15 busway corridors in the capital.",
        "content": "<p>TransJakarta set to become corporate entity<\/p>\n<p>Damar Harsanto, The Jakarta Post, Jakarta<\/p>\n<p>The Jakarta administration revealed Thursday that it would<br>\ntransform the TransJakarta Busway Management (BP TransJakarta)<br>\ninto a corporate entity in order to boost flexibility in handling<br>\nthe planned 15 busway corridors in the capital.<\/p>\n<p>&quot;In principal, we will go with the recommendation of the<br>\nindependent consultants over the change of the status of the<br>\nmanagement to a corporate entity,&quot; City Secretary Ritola Tasmaya<br>\ntold The Jakarta Post at City Hall.<\/p>\n<p>He said the status of the corporate entity would enable the<br>\nmanagement to be much more flexible in handling busway business,<br>\nespecially in relation to cooperation with private partners and<br>\nbusway financing.<\/p>\n<p>Citing the recommendations presented by two independent<br>\nconsultants to the management -- including Ernest and Young<br>\nPublic Accountants -- on Wednesday, he said that management would<br>\nfind difficult to cope with dozens of private companies involved<br>\nin various systems of the busway should the administration<br>\nmaintain the current status of management as a non-structural<br>\norganization under the city administration.<\/p>\n<p>&quot;Private companies will require stronger legal grounds for<br>\ncooperation,&quot; he said.<\/p>\n<p>Besides, with its new status, he said, management would be<br>\nable to raise money on its own, for instance, from advertising on<br>\nbuses or shelters, to help fund the business.<\/p>\n<p>Ritola revealed that the administration was preparing a<br>\ndetailed draft bylaw to change the status of the Busway<br>\nmanagement into a corporate entity, which would be submitted to<br>\nCity Council for approval.<\/p>\n<p>&quot;We hope the management would have a new status of corporate<br>\nentity within two months from now should the council pass our<br>\nproposed draft bylaw,&quot; he said.<\/p>\n<p>TransJakarta Busway Management has repeatedly complained that<br>\nit could not use the revenue it collects from tickets because the<br>\nfunds have to be transferred to city coffers. It cannot<br>\nimmediately repair damaged lanes, for instance, since the<br>\nauthority and funds to repair the lanes is in the hands of the<br>\nCity&apos;s Public Works Agency.<\/p>\n<p>Aside from the Public Works Agency, at least four other<br>\nagencies are involved in some way with management of the Busway,<br>\nincluding the City Transportation Agency, which handles shelters<br>\nand traffic signs; the City Park Agency that is in charge of<br>\nmedian strips; the City Public Order Agency that provides<br>\nsecurity personnel and the City Public Illumination and Road<br>\nInfrastructure Agency that handles street lighting along the<br>\ncorridors.<\/p>\n<p>The management&apos;s head Irzal Z Djamal welcomed the plan to<br>\nchange the status of Busway&apos;s management.<\/p>\n<p>&quot;The new status as a corporate entity will boost efficiency<br>\nsince we would be able to focus on our main task of coordinating<br>\nthe private companies from whom we outsource in the business,&quot; he<br>\ntold the Post.<\/p>\n<p>&quot;We would maintain small numbers of employees in the company<br>\nand allow most work to be done by private companies.&quot;<\/p>\n<p>So far, the Busway management only manages the operation of<br>\nthe first busway corridor from Blok M in South Jakarta to Kota in<br>\nWest Jakarta. This route become operational mid-January last<br>\nyear.<\/p>\n<p>By the end of this year, the administration plans to finalize<br>\ndevelopment of the second and third routes linking Pulogadung in<br>\nEast Jakarta and Harmoni in Central Jakarta, and Harmoni to<br>\nKalideres in West Jakarta.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/transjakarta-set-to-become-corporate-entity-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}