Indonesian Political, Business & Finance News

Busway sales over Rp 33b in 10 months

| Source: JP

Busway sales over Rp 33b in 10 months

JAKARTA: Since its grand opening 10 months ago, the management
of the TransJakarta Busway has contributed Rp 33.89 billion
(US$3.76 million) to the city's coffers, however most of that has
already been spent on the salaries and expenses incurred by the
city.

Established in a gubernatorial decree, the busway management
is not entitled to profit from the daily income, according to
TransJakarta Busway chairman Irzal Djamal.

"We make deposits at the city's Bank DKI. From ticket sales,
we earn over Rp 100 million each day. The largest revenue month
was October with Rp 3.8 billion," he was quoted as saying by
Antara on the weekend.

According to an official at City Hall, the operation of the
busway costs the city some Rp 3 billion per month. From the
amount, Rp 2.3 billion goes to busway operator PT Jakarta Express
Trans, Rp 500 million to the company providing the attendants at
busway stops and another Rp 190 million to pay the security
guards. -- JP

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