JAKARTA. After the Jakarta City Council rejected the city administration’s plan to fund the construction of an elevated light rapid transit (LRT) system, the city has turned to private developers to construct the system. The private developers are those with buildings located on one of the seven corridors along the planned routes. The developers are Pakuwon Group, PT Summarecon Agung, PT Intiland Development, JI Expo, PT Duta Pertiwi, Mulia Group, PT BSD, Agung Podomoro Land, Panin Group and Lippo Group. Governor Basuki “Ahok” Tjahaja Purnama said that he offered the developers the chance to fund the construction of the LRT. In return, he said, the developers may increase their building floor coefficients (KLB) for their buildings located along the LRT corridors. The KLB is the standard for a building’s total maximum size that is permitted to be constructed on a given area.
City goes private for LRT construction
JAKARTA. After the Jakarta City Council rejected the city administration’s plan to fund the construction of an elevated light rapid transit (LRT) system, the city has turned to private developers to construct the system. The private developers are those with buildings located on one of the seven corridors along the planned routes. The developers are Pakuwon Group, PT Summarecon Agung, PT Intiland Development, JI Expo, PT Duta Pertiwi, Mulia Group, PT BSD, Agung Podomoro Land, Panin Group and Lippo Group. Governor Basuki “Ahok” Tjahaja Purnama said that he offered the developers the chance to fund the construction of the LRT. In return, he said, the developers may increase their building floor coefficients (KLB) for their buildings located along the LRT corridors. The KLB is the standard for a building’s total maximum size that is permitted to be constructed on a given area.