Growing Business in Indonesia’s Railway Market:
- The central government has approved Great Jakarta’s infrastructure projects worth Rp 571 trillion (US$40.12 billion) until 2030.
- The transport infrastructure development needs including 223 kilometers of MRT tracks (current 16 km), 116 km of LRT lines (current 5,8 km) and a bus rapid transit (BRT) network that covers 2,149 km from 431 km.
- According National Railway Vision 2030 from Indonesia Ministry of Transport, the Indonesia railway projects will be implemented until 2030 with investment value over USD 88,16 billion.
- The giant fund would be used to build LRT (Jakarta, Makassar, Medan, Surabaya, Bandung), MRT Jakarta (fase-2 and fase-3), High Speed Railway (Bandung and Surabaya), 3,258 km railway line.
- The 2030 national railway master plan covers development on the islands of Sumatra, Kalimantan, Sulawesi, Papua, as well as including Java and Bali.
- The construction is for freight trains and passengers. These plan including 3,800 km urban railway network. Passenger rolling stock includes 2,839 units locomotive and 34,178 units passage coaches. Freight Trains Rolling stock includes 2,475 units locomotive and 48,364 unit freight wagons
- Indonesia railway project update come from Jakarta-Bandung high-speed railway where high-speed railway is expected to become an excellent railway with length around 142.3-kilometer. The construction progress of the Jakarta-Bandung High Speed Railway has reached 73 percent, hoping the railway will operate by the end of 2022.
- LRT will operate in 2022. It already completed approximately 84.7 percent and expected will start to operate it in June 2022.
- The Government of Indonesia through the National Railway Master Plan (RIPNAS) targets to increase the national rail network by three times that of the current one with a target of increasing the number of passengers nationally by 11-13%.