I think these towel heads are sheepish about investing because their studies show that thay won't reap any reward. Apparently, with a ticket price of approx. Rp.8000 a ride, not enough people will use it. Conclusion : INDOS ARE TOO POOR TO HAVE A FANCY MONORAIL.

 Originally Posted By: Roy's hair will someone just pull their finger out and build the fucker already do white elephants have to be finished before they can be called white elephants? i'm at a loss to know what transport problem this project is designed to solve.

will someone just pull their finger out and build the fucker already

This is a repost or at least someone repeating the story http://www.jakchat.com/forums/ubbthreads.php/ubb/showflat/Number/53599/page/2#Post53599

Jakarta (ANTARA News) - The government must improve the oil and gas investment climate to increase the number of new oil drilling investors by amending Law No. 22/2001 which had so far hampered investment in oil drilling in Indonesia, an oil observer said. "The problem Indonesia has faced in the last seven years is that it has not found new gas reserves. Gas is being produced from old fields," oil observer Kurtubi said here on Thursday.

There are two interesting and important developments taking place on international and domestic coal markets. The first is the sharp increase in coal prices on the international market on the back of robust demand from China and India, while the second is the surge in domestic demand as the result of the fast-track program by state-owned electricity utility PLN to build coal-fired power plants with a capacity of 10,000 megawatts by 2010.

State-owned construction firm PT Adhi Karya announced Wednesday it would spend Rp 225.9 billion (US$25.4 million) so as to increase its stake in PT Jakarta Monorail (JM), the consortium given the contract to develop the long-delayed Jakarta monorail system. All of the money will come from the publicly listed firm's own reserves, the company's board of directors said in a statement.