Jakarta gears up to expand Transjakarta portfolio
Jakarta Governor Pramono Anung is gearing up to expand the portfolio of city-owned bus operator PT Transjakarta by transforming it into a limited liability company to secure more funds, as the city seeks to venture into water transit and aviation services.
Jakarta Governor Pramono Anung is planning to expand the Transjakarta bus operator's portfolio by converting it into a limited liability company. This move aims to secure additional funds for the city's expansion into water transit and aviation services. Established in 2004, Transjakarta currently handles around 92 percent of the capital's transit network, with an average of 40 million passengers per month.
The city had previously announced a plan to extend the company's operations to water transportation connecting Jakarta and Thousands Islands regency by 2027. Currently, water transit is operated by the Jakarta Transportation Agency, with a limited number of water taxis. Recently, Pramono announced that Jakarta would begin drafting a new bylaw to grant Transjakarta more authority in managing air transportation infrastructure and providing consultancy services to other regional administrations.
Speaking at a City Council plenary session, Pramono highlighted the need to expand the company's roles in response to growing demand for reliable transit access. He stated that such expansion would require strengthening financial capital to ensure sustainable business development.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
