Government of Indonesia

Jakarta Mass Rapid Transit Project (Phase 2) - JICA Direct Loan

Industry
Infrastructure/Rail
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Countries
Indonesia

Deal Overview

JICA has also provided a JPY87.918 billion ($661.4 million) loan for the construction of an urban high-speed rail system connecting the north and south of Jakarta. The proceeds will be used to extend Indonesia's first subway, the MRT North-South Line, which opened in March 2019 as part of the...

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JICA has also provided a JPY87.918 billion ($661.4 million) loan for the construction of an urban high-speed rail system connecting the north and south of Jakarta. The proceeds will be used to extend Indonesia's first subway, the MRT North-South Line, which opened in March 2019 as part of the Jakarta Mass Rapid Transit Project (Phase 1) and it is scheduled for the completion in July 2029.

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Deal Volume
$662.94m
Financial Close
31 March 2023

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Projects

Jakarta MRT Phase 2

Greenfield
Rail
Asia Pacific
Indonesia
$1.48bn