JICA Reiterates Commitment to Jakarta′s MRT Project

11 November, 2011 | Source: The Jakarta Post

The Japan International Cooperation Agency (JICA) reiterated on Wednesday its commitment to funding the mass rapid transit (MRT) construction project in Jakarta, which is planned to commence in March next year.

“JICA has agreed to commit to funding the project. The next fund disbursement, however, will depend on the progress report of the ongoing project,” JICA senior advisor Yuho Hayakawa said Wednesday in Tokyo, as quoted by tempointeraktif.com.

Hayakawa made the statement during the visit of PT Mass Rapid Transit Jakarta president director Tribuedi Raharjo and Indonesian Transportation Society chairman Danang Parikesit to the Japanese capital.

Former Indonesian transportation minister Freddy Numberi earlier questioned JICA′s commitment to the project, saying it continued to delay executing the commitment despite its signing of a related agreement in March 2009.

The MRT construction project is estimated to cost Rp 30 trillion (US$3.39 billion) in total, with JICA having reportedly agreed to disburse Rp 19 trillion.

 

Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Jakarta (ANTARA News) - Former president of the United States, Barack Obama, is scheduled to deliver a keynote speech at the opening session of the 4th Congress of Indonesian Diaspora in Jakarta on July 1, 2017.
Jakarta (ANTARA News) - Indonesian Minister of Foreign Affairs Retno Marsudi spoke by phone with her counterparts of the Middle East in a bid to ease the crisis between Qatar and a group of Arab countries.
Tokyo, Japan (ANTARA News) - Indonesian Vice President Jusuf Kalla and Japanese Prime Minister Shinzo Abe discussed accelerating the development of medium-speed railway facilities on the Jakarta-Surabaya route during a bilateral meeting after the 23rd International Forum: Future of Asia.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu