Dentons HPRP has been assisting PT MRT Jakarta (Perseroda) in its partnership with a consortium of construction companies for the Development of MRT Jakarta Phase 2A.
The contract, CP203, was signed by PT MRT Jakarta (Perseroda) and Sumitomo Mitsui Construction Company – Hutama Karya Joint Operation (SMCC-HK JO). The Governor of Jakarta and the Japanese Ambassador to Indonesia attended the signing ceremony in Jakarta (20/4).
Under the contract, which has a total value of IDR 4.6 trillion (USD 318.45 million), this major project is part of the National Strategic Project governed by Presidential Regulation No.56/2018. The construction work will start in September 2021 and is expected to be completed in August 2027.
PT Mass Rapid Transit Jakarta (PT MRT Jakarta) was established on June 17, 2008, in the form of a Limited Liability company with majority shares owned by the Provincial Government of DKI Jakarta (ownership structure: DKI Jakarta Provincial Government 99.98%, PD Pasar Jaya 0.02%). PT MRT Jakarta has a scope of activities including for the operation and construction of MRT infrastructure and facilities, operation and maintenance (O & M) of MRT infrastructure and facilities, as well as the development and management of property / business at the station and surrounding areas, as well as Depots and areas around it.
A Dentons HPRP team led by Hendra Ong (Partner; Picture), supported by Abraham Sylvester Harryandi (Senior Associate), Josha Jehuda Ponggawa (Associate), and Inaya Safa Nadira (Associate), has been assisting PT MRT Jakarta (Perseroda) in various projects, among others, the preparation of Phase 2A MRT transportation construction, and the establishment of PT Moda Integrasi Transportasi Jabodetabek for the integration of transportation in the Greater Jakarta area.
Law Firms: Dentons;
Clients: PT Mass Rapid Transit Jakarta;