Jakarta (Antara) - The construction of Jakarta's monorail is expected to involve a cost of US$1.5 billion - US$900 million for building work and US$600 million for construction of stations, said PT Jakarta Monorail CEO Edward Soeryadjaya. "There will be a total of 200 wagons, which will be divided between the blue line and the green line. Each monorail train will have six to eight wagons," he said here on Wednesday. Each train will be able to carry up to 800,000 people. Earlier, PT Jakarta Monorail (JM) spokesman Bovananto had said the system is expected to be operational by 2015. Train tickets will be priced at Rp9 thousand. "The ticket price covers the 30-km monorail route, comprising the 14.5-kilometre Green Lane (Kuningan, Dukuh Atas, Pejompongan, Senayan, Gatot Subroto, SCBD) and the 15.5-kilometre Blue Lane (Kampung Malayu, Tebet, Casablanca, Tanang Abang, Mall Taman Aggrek Mall)," Bovananto explained. "The ticket price was set after taking into account the average commuter's financial capacity, along with other expenses involving feeder buses and other modes of transport," he added. PT Monorail's new consortium comprises "90 percent new investors and 10 percent old ones", he stated. The monorail is an old project. Its implementation had been suspended for several years. "The new investors in the consortium are national private companies. Thirty percent of the project`s financing will be borne by the consortium and the remaining 70 percent will be taken care of by the banking sector," Bovananto stated. He said the Green Lane phase of the project is expected to be completed by 2015, while the Blue Lane should be ready by 2016. (*)

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Editor : Tunggul Susilo


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