Jakarta MRT $285 million financing

Overview:

• The Mass Rapid Transit (Jakarta MRT) is a rapid transit system that is under construction in Jakarta, Indonesia.
• Mass Rapid Transit has borrowed $285 million for financing Phase 1 of the civil works, rail construction and track work to sub-contractors.
• Four more tenders are expected to be held soon, with the total value of all five phases expected to be more than $1 billion. 

Katrin Kostadinova - Data analyst