Full Steam Ahead: MRT Jakarta’s TOD Plans Take Shape
Jakarta’s provincial government is moving ahead with the first phase of Jakarta’s metro, the South-North corridor. As the master developer, MRT Jakarta plans to develop a combination of transit infrastructure and property development under a transit oriented development (“TOD”) model. The primary focus is to deliver better public transport services while at the same time, improving connectivity and maximising other opportunities for both the public and private sector.
“Renewed BANI” Dispute: To be Continued
Over a year has passed since the establishment of BANI Pembaharuan (the “Renewed BANI”). Despite recent twists and turns, as summarised in this article, a permanent solution is not yet in sight.
The background to the dispute can be found in the November 2016 special edition of Indonesia in Focus.
Aviation Finance: Can Islamic Financing Take Off?
According to the Islamic Financial Services Industry Stability Report 2017 , Indonesia is emerging as an important Islamic finance market. Compared to regional peers such as Malaysia and Brunei, however, there is clearly potential to boost growth.
Expanding the use of Islamic finance in a robust market such as aviation could play an important role in enhancing its use across the Indonesian finance market generally.
Renewable Energy: PLN seeks Select Developers Club
A week is a long time in politics. To regular followers of the renewables sector in Indonesia, the recent flurry of announcements relating to ESDM’s Regulation No 50/2017 will come as no surprise.