Booklet Project

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Disclaimer
This project list or anything in it is for informational purposes only and shall not form the basis of any contract or
commitment. This project list is not intended to be relied upon as advice to investors or any potential investors
and does not take into account the investment objectives, financial situation or needs of any investor. All
investors should consider such factors in consultation with a professional advisor of their choosing when
deciding if an investment is appropriate.
Jakarta Investment Center has prepared this presentation based on information available to it, including
information derived from public sources that have not been independently verified. No representation or
warranty, express or implied is provided in relation to the fairness, accuracy, correctness, completeness
or reliability of the information, opinions or conclusions expressed herein. Financial projections included in
this project list should not be considered a comprehensive representative of the Project’s cash generation
performance.
The financial information included in this presentation is preliminary, unaudited, and subject to revision.
The financial projections are preliminary and subject to change; Jakarta Investment Center undertakes no
obligation to update or revise these forward-looking statements to reflect events or circumstances that
arise after the date made or to reflect the occurrence of unanticipated events. Inevitably, some assumptions
will not materialize, and unanticipated events and circumstances may affect the ultimate financial results.
Projections are inherently subject to substantial and numerous uncertainties and to a wide variety of
significant business, economic and competitive risks, and the assumptions underlying the projections may
be inaccurate in any material respect. Therefore, the actual results achieved may vary significantly from the
forecasts, and the variations may be material. Investors are cautioned not to place undue reliance on the
financial models provided.
Any financial model included in this project list does not purport to present operations in accordance with
Indonesia’s generally accepted accounting principles. No independent auditors have examined, compiled,
or performed any procedures with respect to the financial models and projections included in this project list,
nor have they expressed any opinion or any other form of assurance of such information or the likelihood that
the Project Owners may achieve the results contained in the models, and accordingly the Jakarta Investment
Center, Jakarta Government and Jakarta Experience Board assume no responsibility for them.
The information contained in this project list is subject to amendment from time to time. Investors should
consult their own counsel, accountant, and other advisors as to the legal, tax, business, financial and related
implication of entering into a partnership or contract for any of these projects.
For more projects, please visit our website

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Introduction
DKI Jakarta with a total population of ~11 million and GDP

of IDR 2,840 trillion (2019) is the highest contributor to
the Indonesian National GDP at 17.17% (2020). Between
2017 and 2019, Jakarta’s economy grew rapidly at around
6% annually, exceeding the national growth rate of 5%.
The network of neighboring cities around Jakarta is home
to 22 million people, accounting for another 9% of the
Indonesian National GDP.
Despite the resilient economic growth that the city was

able to sustain in the face of COVID-19, the pandemic has
exposed several key development areas that Jakarta can
continue to improve on. As such, the Jakarta government
has chosen “Urban Health” as the theme for its inaugural
Jakarta Investment Forum. This theme extends beyond
the healthcare industry and encompasses the shared
goal of improving the quality of life for Jakarta’s 11 million
people. The Jakarta Capital City Government has chosen
“Jakarta Urban Program” as the theme for its inaugural
Jakarta Investment Forum. This theme aims to synergize
efforts between the positive growth of the investment
climate and the direction of the development of Jakarta in
order to accelerate the implementation of infrastructure
development. Achieving this goal requires a collaborative
effort between the Jakarta government and the private
sector, through a sustainable and robust public private
partnership scheme. JIF 2021 is a platform to showcase
exciting projects that the Jakarta government is currently
working on, opening opportunities for private sector
players to invest in and benefit from. In total there are 10
projects, six at the market sounding phase and four ready
to offer showcased in JIF. This booklet contains the ready
to offer projects.
For enquiries pertaining to any of the projects listed below,

please email us at [email protected]. We look
forward to working with you.
www.jakartainvestmentforum.com 3
Project #1
MRT Retail Area

(Bundaran HI)
Ready to Offer
Executive Summary
Overview
Communal Elevation Area (Skylight)
MRT Station Interior View 1 MRT Station Interior View 2
MRT Jakarta is looking for a partner-investor to build and operate a highly marketable and
profitable underground retail area in Bundaran HI.
This retail area will be integrated with Bundaran It will also be a part of the first TOD under MRT
HI MRT station, the busiest station in downtown Jakarta. The partnership scheme is to open for
Jakarta. With a total area of 3,100 m2, Bundaran discussion between MRT Jakarta and potential
HI retail area will set the milestone as the first investors.
underground retail area in Indonesia.
Project Value:
USD 4M – 4.5 M
Background of
MRT Retail Area (Bundaran HI) Project
Jakarta Retail Area Market Statistics3 MRT Jakarta has become one of the most popular
public transportation systems with approximately
Market Location IDR/m2 (monthly) 800,000 passengers monthly in 2020, targeted to
Primary 984,500 triple in 2021. Having the COVID-19 pandemic under
control will also contribute to exponential growth
Secondary 681,400 in passenger numbers in the upcoming years. With
increasing passenger numbers, dominated by the
Overall Retail Average 807,700 young population, there is a rising trend for a more
connected development. TOD is an integrated urban area connected to the excellent transit service to
the rest of the city as part of its TOD plan, MRT Jakarta is planning to build an underground MRT retail area
connected to the Bundaran HI MRT Station. With the exponential growth of MRT passenger numbers, this
commercial space will be a highly attractive investment opportunity with significant growth in the future.
Project Offering
Project Information
Project Type BOT / Concession
Total Project Cost USD 4M – 4.5 M

Investment Opportunity Equity investment
Project IRR 16%
Source of Revenue Commercial area rental fee, advertisement space rental fee
Current Ownership PT MRT Jakarta
Current Status FS completed

Expected Start Date TBD
Land Area 3,100 m2
Location Bundaran HI, Central Jakarta
Indicative Project Structure
Concession fee (upfront) All assets transfer

+ service fee (monthly) to MRT Jakarta
(After concession
period ends)
BOT Agreement
Concession
Construction Payment
Strategic Partner
EPC Contract
concession period)
Construction
Strategic Partner EPC
Rental fee Advertising space

Rental Rental rental fee
agreement agreement
Retail area tenants Advertisement space

lessee
MRT Jakarta will enter into a BOT agreement by the strategic partner. The strategic partner is also
with a strategic partner, which will be valid over expected to split a certain amount of service charge
a concession period. An upfront concession fee collected from its tenants to MRT Jakarta. At the end
will be paid by the strategic partner as part of the of the concession period, all assets and licenses will
agreement. During this period, all assets, licenses, be transferred back to MRT Jakarta, and all profit
profits pertaining to the project will be fully owned afterwards will be entirely owned by MRT Jakarta.
Financial Analysis
Revenue Analysis (2022-2038)
Construction will take two years to complete, making on monthly bases from tenants. Another significant
first revenue booking in 2023. In total, 1,416 m2 is revenue stream comes from advertising space,
available for rent. It is assumed that the rental fee will which will be at IDR 7 billion in 2024 and will grow
be IDR 500k / month / per m2 and service charge by 3% annually because of rental price adjustment.
will be IDR 100k / month / per m2 in 2024. Annual All revenue streams will continue until the end of the
revenue will steadily increase due to annual rental fee BOT concession period, which is expected to end in
increases of 3%. Service fee will also be collected 15 years from the agreement signing date.

Cashflow Analysis (2022-2038)
Cash flow is expected to be negative in the first two years during the construction process, before turning positive in
2023. This stable cash flow improvement results in a breakeven period of eight years.
Other Important Financial Parameters
Project IRR 16%
Payback Period 8 years
WACC 12.5%
NPV IDR 15.4 Billion (USD 1.1 million)
About the Project Owner
PT Mass Rapid Transit Jakarta (PT MRT Jakarta)
was established on June 17, 2008, as a Limited
Liability Company with most shares owned by the
Jakarta government. PT MRT Jakarta’s scope of
activities include the construction, operation, and
maintenance (O&M) of MRT infrastructure and
facilities, as well as property/ business development
and management in stations and surrounding areas,
including depots and TODs.
Other Information
Apart from being part of the first TOD development
under MRT Jakarta, Bundaran HI retail area will also
be the first integrated underground retail area
in Indonesia, clearing the path for more similar
developments in the future.
Contact Information
Mr. Aditya Laksmana
Rail Business Partnership Dept. Head
Email: [email protected]
Mr. Nicodemus Winata
Business Expansion Division Head
Project #2
Project Sarana Jaya

Nuansa Pondok Kelapa
and Nuansa Cilangkap
Ready to Offer
Executive Summary
Overview
Nuansa Pondok Kelapa Nuansa Cilangkap
Nuansa Pondok Kelapa and Nuansa Cilangkap are looking for a partner-investor to build
and operate residential areas in east Jakarta in hope of bringing positive impact to the
society’s economy and social aspects but also the environmental sustainability.
Nuansa Pondok Kelapa, the first zero- Following the success of Nuansa Pondok
down payment residential in Jakarta, is Kelapa, another residential under similar
an effective strategy to supply people’s brand, “Nuansa Cilangkap”, has been
basic needs for housing. With a total area developed in the east part of Jakarta.
of 1,1 Hectares, Nuansa Pondok Kelapa With a total area of 2,2 Hectares, Nuansa
provides comfortable home for first-time Cilangkap displays the spirit of sustainable
homeowners. building.
Project Value: Project Value:

IDR 708,4 billion IDR 971,7 billion
Background of
Nuansa Pondok Kelapa and Nuansa Cilangkap
It is undeniable that a house is one of human’s basic needs. Unfortunately, more than 50%
of Jakarta people are not homeowners. The high cost of down payment as a requirement
to buy a house and the very limited area in Jakarta available for housing development make
the situation worse. As the solution for these issues, the government of Jakarta committed
to providing 13.500 units of zero-down payment housing for the people of Jakarta. Having
the trust from the government of Jakarta to participate in achieving this target, Sarana Jaya
completed the construction of 780 units in Nuansa Pondok Kelapa in 2019 and is planning
to build 1.359 units more. Showing its commitment to taking a part in providing not only
liveable housing but also a residential reflects the SDGs sustainability concept, Sarana
Jaya started the construction of Nuansa Cilangkap in 2020. Residing in Nuansa Cilangkap,
first-time homeowners will live in healthy and safe residential, complemented with good-
quality education facilities, commercial spaces for rent, and green open spaces.
Percentage of Household Based on

Homeownership Status1
Own Rent Rent free Official residence, etc
1%
16%
47%
36%
1
https://statistik.jakarta.go.id/statistik-perumahan-dki-jakarta-tahun-2019/
Nuansa Pondok Kelapa Nuansa Cilangkap
Project Offering
Project Information Nuansa Pondok Kelapa Nuansa Cilangkap

Project Type KSO/joint operation KSO/joint operation
IDR 1,05 trillion/USD 49,35 IDR 971,7 billion/USD 67,7 million

Total Project Cost
million (USD 1 = IDR 14.355,50) (USD 1 = IDR 14.355,50)
Investment Opportunity Equity investment Equity investment

Project IRR 14,25% 15,57%
Source of Revenue Apartment selling Commercial area rental fee Apartment selling Commercial area rental fee
Current Ownership Sarana Jaya Sarana Jaya

looking for a partner-investor to looking for a partner-investor to
Current Status build and operate tower C and D build and operate tower B, C, and D
Expected Start Date TBD TBD

Land Area 10,656 m (1,1 Hectares)
2
22.207 m2 (2,2 Hectares)
Location Pondok Kelapa, East Jakarta Cilangkap, East Jakarta
Indicative Project Structure
Sarana Jaya will enter into a joint

Contractual operation agreement with a
Agreement strategic partner. An upfront
Strategic Partner
fee will be paid by the strategic
Strategic Partner partner as part of the agreement.
During this period, Sarana Jaya and
the partner will work together to
create an agreement to be signed
Joint Operation by both parties. Sarana Jaya and
Joint Operation the partner will also decide on the
management committee that will
Build and Operate be responsible of the project.
Nuansa Pondok
Nuansa Kelapa
Pondok & Nuansa
Kelapa Cilangkap
& Nuansa
Cilangkap
Financial Analysis
Cash Inflow, Cash Outflow, and Net

Cashflow Nuansa Pondok Kelapa (IDR)
350.000.000.000
300.000.000.000
250.000.000.000
200.000.000.000
150.000.000.000
100.000.000.000
50.000.000.000
2022 2023 2024 2025 2026 2027 2028 2029
-50.000.000.000
-100.000.000.000
-150.000.000.000
Two towers (Tower C and D) are offered to Similar to Nuansa Pondok Kelapa, apartment
the partner-investor to build and operate. The towers and strata title stalls/retails are also offered
construction for Tower C will begin in 2023 while in Nuansa Cilangkap to potential partner-investor.
for tower D in 2025. The building for each tower The building of the three apartment towers will
will take one year to complete. 695 units aimed to commence soon. Tower D will begin in 2022 while
be constructed in Tower C will be marketed in 2023 Tower B and C will start in 2023. It is estimated that
and hopefully, all of the units are sold out in 2025. Tower B and C will be ready in 2026 while tower D
On the other hand, the marketing for 413 units in will complete in 2024.
Tower D will start in 2025. We are ambitious that it
will also take two years to sell out all of the units in There is no need to wait for the construction to
Tower D. complete to market the apartment units. As soon
as the construction started, people could book the
The apartment units’ price in Tower C is IDR apartment. Factor in the market condition and the
15.244.000 per m2 and IDR 17.271.452 per m2 for inflation, the starting price of 1.048 units in towers
the apartment units in Tower D2. Annual revenue will B and C is IDR 15.800.000 per m2 and 11.314.373
steadily increase due to a - 0,7% price increase for per m2 for each of 650 units in Tower D3. We will
every 30 units sold. We will also gain income from secure more income as the price increase 9% on
the strata title stalls/retails offered in each tower. average every year. Strata title stalls/retails offered
Both Tower C and D each will offer 20 and 19 units in each tower are also sources of cash inflow. There
of stall/retail to be sold with an average area of 40 is a significant opportunity to obtain profit from
m 2. the demand of basic needs from the apartment
owners, hence our certainty that the 20 units of
stall/retail offered will be occupied.
2
Prices are subject to change considering the inflation and market condition in the future
Cash Inflow, Cash Outflow, and Net
Cashflow Nuansa Cilangkap (IDR)
700.000.000.000
600.000.000.000
500.000.000.000
400.000.000.000
300.000.000.000
2022 2023 2024 2025 2026 2027 2028 2029
-100.000.000.000
200.000.000.000
-200.000.000.000
100.000.000.000 Cash Out Cash In Net Cashflow

-300.000.000.000
Other Important Financial Parameters
Nuansa Pondok Kelapa Tower C and D Nuansa Cilangkap Tower B, C and D
Project IRR 14,25% 15,57%
Payback Period 4 years 5.5 years
WACC 10.04% 10.04%
NPV IDR 24,9 Billion (USD 1.7 million) IDR 22,7 billion (USD 1.6 million)
2
Prices are subject to change considering the inflation and market condition in the future
Sarana Jaya was established in 1982. As a regional
government-owned enterprise, it is Sarana Jaya’s
responsibility to support the general policies of the
Provincial Government of Jakarta. For years Sarana
Jaya has been playing its role in providing land,
housing construction, public buildings, industrial
estates, and infrastructure. Even more than that, the
Provincial Government of Jakarta assigned Sarana
Jaya to provide affordable housing for the people of
Jakarta through “Rumah DP 0” (Zero Down Payment
Housing).
Other Information
The people’s enthusiasm towards Nuansa Pondok
Kelapa is proved by 85% selling achievement in
the first tower and 28% selling achievement in
the second tower. We are confident in getting the
same achievement for the rest of the project both in
Nuansa Pondok Kelapa and Nuansa Cilangkap soon.
Contact Information
Indra Sukomono Arharrys
Director of Development
0812-9244-609
Yulianita Rianti
Stakeholder Relations Supervisor
0812-8855-3246
Yadi Robby
Stakeholder Relations Supervisor
0812-9051-339
Project #3
LRT Kelapa Gading –
Jakarta International
Stadium
Market Sounding
Executive Summary
Overview
LRT station
LRT Rolling Stock Inside view of LRT
Jakarta Propertindo is looking for an investor to build the LRT Phase 2A in North Jakarta, stretching over
8 km from Kelapa Gading to Jakarta International Stadium (JIS). JIS is a world-class modern soccer
stadium currently being built by Jakarta Government with completion target in 2022.
This LRT route is strategically important to support Comprising of six stations, construction will take
transportation management of the stadium. two years to complete and will be connected
By 2025, 71,358 passengers are expected to to the existing LRT network. One of the Jakarta
commute using LRT Phase 2A, making it one of the government’s top priority projects, potential
most attractive public transportation projects. support provided by the government includes
fare subsidies, availability payments, and land
acquisition.
Project Value:
IDR 6.6 trillion / USD 455 million
LRT phase 2A (Britama - JIS) Route Map
Boulevard Sunter Gelanggang Sunter

Britama JIS
Kelapa Gading Timur Remaja Barat
Project Offering
Project Information
Project Type EPC + F (contract preferred, however still open for discussion)
Total Project Cost IDR 6.6 trillion / USD 455 million (USD 1 = IDR 14,500)
Investment Opportunity Debt financing (open for discussion)
Source of Revenue Fares, Transit Oriented Development (TOD), Public Service Obligation (PSO)
Current Ownership PT Jakarta Propertindo (Jakpro)
Current Status Land cleared; Feasibility study completed
Expected Start Date 2022
Length 8 km (6 stations)
Location Kelapa Gading – JIS (North Jakarta)
PT Jakarta Propertindo
(Jakpro) was established in
2000 after a merger between
PT Pembangunan Pluit Jaya
and PT Pembangunan Pantai
Utara Jakarta.
It acts as the Jakarta government’s property sub-

holding company. Since its establishment, Jakpro has
been involved in prominent development projects
such as Pluit modern area development and Pulomas
integrated area. In 2005, Jakpro expanded its
business to infrastructure with the construction of
toll roads, reservoirs, and other projects. Pursuant
to Jakarta governor regulation no 154/2017, Jakpro
has been given the right to manage Transit Oriented
Development areas as the main operator.
Other Information
LRT Phase 2A will connect to the existing LRT Phase 1 (Kelapa Gading – Velodrome), which was completed
in 2018. Jakpro is also exploring the possibility of building Phase 3A, stretching from JIS to Rajawali (North
Jakarta) and 2B stretching from Velodrome to Klender (East Jakarta), altogether are listed as national
strategic projects.
JIS JIS
Rajawali Sunter
JIExpo
Kemayoran Pegangsaan
Dua
Kelapa
Pulo Mas
Gading
Equestrian Park
dan Velodrome
Velodrome
Jakarta
Indutrial Estate
Pulogadung
Klender
Mixed-use
Pondok Bambu Rekreasi

Cipinang Indah
Mayoritas Residensial
Halim Komersial
LRT Fase 1
LRT Fase 2 dan 3
Jakpro is also seeking investors for LRT construction 2A phase construction in 2022, all three phases’
phase 2B, and phase 3 (A + B). Project value of both developments are executed separately and will end
project is estimated at IDR 6.9 trillion (phase 2B) and in 2031.
IDR 14.2 trillion (for phase 3A +3B). Starting with
LRT Development Schedule
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
2A 2B 2A 3 2B 3
Altogether, LRT Jakarta phase 2 and phase 3 will target

Construction Begins to serve 320k passengers daily, with a total route length
coverage of 28.8 kilometers. This makes LRT Jakarta as one
of national strategic projects.
Construction Ends
Contact Information
Mr. Riangga Galih
Manager Commercial and Administration
Project #4
MRT Phase 4
(Taman Mini Indonesia Indah
– Fatmawati)
Market Sounding
Executive Summary
Overview
MRT Rolling Stock
Proposed MRT Station Proposed MRT Railway
A highly attractive mega project, MRT Jakarta is looking for an investor to build a new corridor,
stretching over 12 km from Fatmawati to Taman Mini Indonesia Indah (TMII) (Phase 4).
Located in South Jakarta, this corridor is Phase 4 aims to engage the private sector
expected to gain high ridership (approx. as an active player in developing the railway
124,000 passengers per day) as it passes infrastructure and supporting infrastructure
through population-dense areas and the urban such as TOD.
railway is integrated with (LRT Jabodebek and
KCI – Commuter line).
Project Value:
USD 1.8 Bio
Project Offering
MRT Phase 4 (Fatmawati – TMII) Route Map
Warung Tanjung Raya Tanah Kampung Taman

Fatmawati Antasari Ampera Jati Barat
Ranco
Bogor Merdeka Rambutan Mini
12 km
Project Information
Project Type EPC + F; G2G financing; Open for discussion
Total Project Cost USD 1.8 Bio
Investment Opportunity Equity or debt financing
Source of Revenue Fare revenue, TOD revenue, PSO
Project Status Pre-Feasibility Study
Length 12 km (10 stations + 1 depot)
Location Fatmawati (South Jakarta) – TMII (East Jakarta)
Other Information
MRT Phase 4 will have 10
stations, seven of which
will be built underground.
Overall, Phase 4
construction is expected
to take seven years to
complete, and commercial
About the Project Owner operation will commence in
2030.
PT Mass Rapid Transit Jakarta (PT MRT
Jakarta) was established on June 17, 2008,
as a Limited Liability Company with the
majority of shares owned by the Jakarta
government. PT MRT Jakarta’s scope
of activities include the construction,
operation and maintenance (O&M) of
MRT infrastructure and facilities, as well
as property/ business development and
management in stations and surrounding Contact Information
areas, including depots and TODs.
Mr. Aditya Laksmana
Project #5
Intermediate
Treatment Facility
Bantar Gebang
Market Sounding
Executive Summary
Overview
Waste piling up in Bantar Gebang Waste being sent to Bantar Gebang WtE Project
Jakarta, the major waste producer in Indonesia, is intensively seeking solutions to treat and
reduce the waste in its main landfill, Bantar Gebang. One of the most feasible solutions is to
develop an Intermediate Treatment Facility (ITF) in Bantar Gebang.
ITF reduces waste by utilizing appropriate, The Jakarta government will support the
proven, and environmental friendly project by providing waste supply and
technology. One of the options for waste tipping fees. Investors who can provide
processing methods at ITF Bantar Gebang suitable land for this project will be highly
alongside the Refuse Derived Fuel (RDF) considered.
Plants (see next project in this booklet)
is Waste-to-Energy (WtE) Facility. The
produced energy can be used as new
source of electricity for the surrounding
areas.
Project Value:
IDR 3.8 – 4.2 trillion / USD 262 – 290 million
WtE facility in Copenhagen, Denmark
Project Offering
Project Information
Project Type BOT/BOO (open for discussion)
Total Project Cost IDR 3.8 – 4.2 trillion / USD 262 – 290 million (USD 1 = IDR 14,500)
Source of Revenue Tipping fees and energy sales (electricity)
Current Ownership Department for Environment Affairs DKI Jakarta
Project Status Development stage, Pre-FS verification
Expected Start Date 2022 (3 years)
Land Area 5 – 6 ha (provided by investor)
Location Bantar Gebang, Bekasi
Department for Environment Affairs
DKI Jakarta is responsible for air, water,
and waste management. The ITF and
RDF plants (see next project in this
Other Information booklet) are part of the integrated
As the major waste producer in the country,
waste management solution in Bantar
Jakarta disposes of 7,500-9,000 tons of Gebang.
waste daily as more than 1,200 trucks dump
their loads every day to Bantar Gebang, the
only landfill owned by the Jakarta government.
Unfortunately, without any optimum waste
reduction in the city, the landfill is predicted
to reach its maximum height by 2022. This
condition has pushed the government to
consider industrial-scale waste treatment
initiatives and attract potential parties to
solve Jakarta’s waste problem. At the national
level, Indonesia’s Environmental and Forestry
Ministry is planning to support and incentivize
future possible operators of this initiative
by providing facilities, subsidies, and other
financial alternatives. Contact Information
Mr. Asep Kuswanto
Head of the Environmental Department
Project #6
Refuse Derived Fuel

Plant Bantar Gebang
Market Sounding
Executive Summary
Overview
Bantar Gebang Landfill Workers sorting waste in Bantar Gebang RDF Plant Proposal
Jakarta, as the major waste producer in Indonesia, is intensively seeking solutions to treat
and reduce the waste in its main landfill, Bantar Gebang, which is predicted to run out of
space by 2022. One of the most feasible solutions is to build a Refuse Derived Fuel (RDF)
plant in Bantar Gebang.
Refuse Derived Fuel (RDF) is the output The Jakarta government will support this
of converting municipal solid waste into project by providing waste supply and
fuel using Mechanical and Biological tipping fees. Investor who can provide
Treatment (MBT) or Mechanical Treatment suitable land will be highly considered.
(MT). This fuel can be used as an alternative
fuel for energy intensive industries in
operating factory / machines, such as
cement industries and power plants.
Project Value:
IDR 1.5 trillion / USD 104 million
Project Offering
RDF plant in Bangkok, Thailand
Project Information
Project Type BOT/BOO (open for discussion)
Total Project Cost IDR 1.5 trillion / USD 104 million (USD 1 = IDR 14,500)
Source of Revenue Tipping fee and sales of RDF
Current Ownership Department for Environment Affairs DKI Jakarta
Project Status Preliminary stage
Expected Start Date 2022 (2 years)

Land Area 7.5 ha (provided by investor)
Location Bantar Gebang, Bekasi
Department for Environment Affairs
DKI Jakarta is responsible for air, water,
and waste management. The ITF and
RDF plants (see previous project in this
booklet) are part of the integrated waste
management solution in Bantar Gebang.
Other Information
As the major waste producer in the country,
Jakarta disposes of 7,500-9,000 tons of waste
daily. The annual waste production rate has
grown 36% over the last five years with 79% of
total waste produced sent to landfills. Bantar
Gebang, the only landfill in Jakarta, currently
reaches 45 meters in height (the safety limit
is 10 meters). This leads to higher safety risks,
including pollution to the environment and
explosion due to high methane content (an
explosion occurred at Jawa Barat’s Leuwigajah
Landfill in 2005). According to Jakarta’s
environmental department, less than 20% of
waste in Jakarta has been reduced / treated.
The Indonesia government (Coordinating
Ministries of Maritime and Investment) is has
been encouraging the local governments to Contact Information
implement the RDF Plant as the alternative
solution for waste treatment.
Mr. Asep Kuswanto
Head of the Environmental Department
Project #7
Transit Oriented
Development
Pegangsaan Dua
Market Sounding
Executive Summary
Overview
Initial Design LRT Depot TOD Area
Pegangsaan Dua has been designated as a transit- oriented area located in North Jakarta and is
the beginning of the development of the LRT Line in the future. Pegangsaan Dua is also part of
the North Jakarta Regeneration Corridor, an arc of key development projects across the north of
the city.
Pegangsaan Dua TOD is a series of land The main vision from Depot Development is to
development projects, which comprises two transform Depot into a destination by improving
stages, the Depot and the Wider Area. The pedestrian accessibility, environment, and
Depot is a multistory mixed-use development security. The permanent development of Depot
while the Wider Area is 160 Hectares of could blend residential, commercial, cultural,
integrated and livable urban renewal. and community spaces functionally integrated
into the district, enabling land-use synergies.
The Depot development will be built above the
LRT Depot In Pegangsaan Dua. It will be the Jakpro is open for partner to offer new ideas
new commercial and urban residential centre including the stages of Depot development and
in North Jakarta with ease of commute. preparation of the Depot feasibility study.
Project Value:
USD 103-106 million
Project Offering
TOD Proposal
Project Information
Project Type Direct finance; joint operations (KSO); Open for discussion
Total Project Cost USD 103-106 million (USD, 2020 prices)
Sales of residential, commercial area rental fee, office area

Source of Revenue rental fee, advertisement space rental fee
Current Ownership Jakarta Propertindo
Expected Start Date -
Land Area ±10 ha
Location Pegangsaan Dua, North Jakarta
Other Information
Currently, Pegangsaan Dua mainly consists
of industrial land that may become a focus
for urban renewal, and a driver of demand for
housing. Pegangsaan Dua’s accessibility resulting
suitability for development and could be the key to
development for North Jakarta.

PT Jakarta Propertindo (Jakpro) was established in
2000 after a merger between PT Pembangunan
Pluit Jaya and PT Pembangunan Pantai Utara
Jakarta. It acts as the Jakarta government’s
property sub-holding company. Since its
establishment, Jakpro has been involved in
prominent development projects such as Pluit
modern area development and Pulo Mas integrated
area. In 2005, Jakpro expanded its business to
infrastructure with the construction of toll roads,
reservoirs, and other projects. Pursuant to Jakarta
governor regulation no 154/2017, Jakpro has
been given the right to manage Transit Oriented
Development areas as the main operator.
Contact Information
Mr. Riangga Galih
Manager Commercial and Administration
Project #8
Retail Development
(Fatmawati Station)
Market Sounding
Executive Summary
Overview
Retail development at the Fatamawati Fatmawati station will be using the façade
station is highly marketable and profitable motif as a building element. The motif is
property business within MRTJ TOD are. applied to the arrangement of perforated
With a total net leasable area of 1.207 m2 panels which are the second skin of the
and gross floor area of 2.500 m2. building. The façade motif is inspired by the
Besurik Batik fabrics vary in various shapes
and colours.
Project Value:
USD 2M-2.5M
Project Offering
Project Information
Project Type BOT
Total Project Cost USD 2M – 2.5 M
Source of Revenue Commercial area rental fee, advertisement space rental fee
Gross Floor Area 2.500 m²

Land Area
Retail Net Leasable Area : 1.207 m2
Location Fatmawati, South Jakarta
Other Information
Fatmawati station is part of MRT
Jakarta phase 1 (Bundaran HI-
Lebak Bulus) which connects
the north and south line with
an average monthly ridership
of 3,077,684 and the highest
average daily ridership of 93,165.

PT Mass Rapid Transit Jakarta (PT MRT
Jakarta) was established on June 17, 2008,
as a Limited Liability Company with most
shares owned by the Jakarta government.
PT MRT Jakarta’s scope of activities
include the construction, operation, and
maintenance (O&M) of MRT infrastructure
and facilities, as well as property/ business
development and management in stations
and surrounding areas, including depots
and TODs.
Contact Information
Mr. Aditya Laksmana
Project #9
Revitalization of 99 Bus
Rapid Transit (BRT)
Station - Transjakarta
Market Sounding
Executive Summary
Overview
Sarinah Bus Stop Bunderan HI Bus Stop
Juanda Bus Stop Balaikota Bus Stop
Transjakarta is looking for an investor to thousand passenger remain using the its
help finance, build, operate, and maintain service every day, confirming Transjakarta
the 99 Bus Rapid Transit Stations across 13 role as the backbone of public transport in
corridors in Jakarta. the City.
Pre-Pandemic, Transjakarta serve upto 1 In order to better serve the passengers,

million passengers commuting in and out Transjakarta aim to revamp the main
the Municipal City on daily basis. During supporting facilities which are the Bus
the Covid-19 Pandemic period, 250-400 Stops/Stations.
Project Value:
IDR 767 billion / USD 53.8 million
Project Offering
In order to carry out the revitalization of 99 Transjakarta BRT Bus Stops, a

strategy for the Procurement of Construction for the Revitalization of 99
Transjakarta BRT Bus Stops is needed, considering the large number and
very tight construction time. There are at least 7 proposed Construction
Work Packages, namely:
Capex
Package Bus Stops
Construction *
Corridor 1:
1. Sarinah
#1
2. Bundaran HI $ 10.956.514
(4 bus stops)
3. Tosari
4. Dukuh Atas 1
Corridor 1: Corridor 1:
1. Gelora Bung karno 1. Kebon Pala
#2 Corridor 2: Corridor 9:
(7 bus stops) 1. Balai Kota 1. Cikoko St. Cawang $ 10.051.964
2. Kwitang
3. Juanda Corridor 11:
1. Stasiun Jatinegara 2
Capex
Package Bus Stops
Construction *
1. Bundaran Senayan 1. Semanggi
2. Karet 2. Cawang Ciliwung
3. Masjid Agung 3. Gatot Subroto LIPI
4. Bendungan Hilir 4. Pancoran Barat
#3 5. Polda Metro Jaya 5. Kuningan Barat
(16 bus stops) $ 6.552.363
6. Slipi Petamburan
Corridor 4:
7. Gatot Subroto Jamsostek
1. Pasar Rumput
2. Halimun
3. Manggarai
4. Matraman 2
1. Pulo Gadung 1 & 2 1. Cawang UKI
1. Senen Sentral 1. Grogol 2
#4 2. Kampung Melayu 2. Pondok Indah 2
(14 bus stops) 3. Pasar Jatinegara 3. Lebak Bulus $ 6.561.136
4. Matraman 1 4. Pasar Kebayoran Lama
Corridor 5:
1. SMK 57
2. Ragunan
3. Duren Tiga
4. Pejaten
1. Slamet Riyadi 1. Senayan JCC
2. Tegalan 2. Slipi Kemanggisan
3. Tegal Parang
Corridor 6:
4. S. Parman Podomoro City
1. Dep. Pertanian
5. RS Harapan Kita
2. Warung Jati
#5 3. Buncit Indah
(19 bus stops) 4. Mampang Prapatan Corridor 10: $ 6.538.104
5. Jati Padang 1. Penas Kalimalang
2. Cawang Soetoyo
Corridor 7:
1. PGC 1 Corridor 11:
2. BKN 1. Jatinegara RS Premier
3. Flyover Raya Bogor
Corridor 8:
1. Pondok Pinang
1. Olimo 1. Jembatan Gantung
2. Taman Kota
Corridor 2:
3. Kalideres
1. Gambir 2
#6 4. RS Sumber Waras
2. Pecenongan $ 6.628.199
(17 bus stops) 5. Rawa Buaya
3. Istiqlal
6. Indosiar
Corridor 9: 7. Sumur Bor
1. Penjaringan 8. Grogol 1
2. Jembatan Dua 9. Dispenda Samsat Barat
10. Jelambar
11. Jembatan Baru
Capex
Package Bus Stops
Construction *

1. Cempaka Tmur 1. Tj. Priok
2. Pulomas 2. Sunter Kelapa Gading
3. RS Islam 3. Permai Koja
4. ASMI 4. Plumpang Pertamina
#7 5. Enggano
(22 bus stops) Corridor 4: $ 6.522.780
1. Sunan Giri Corridor 11:
2. Pasar Genjing 1. Walikota Jakarta Timur
3. Pramuka BPKP
4. Velodrome
5. UNJ
Corridor 5:
1. Salemba UI
2. Budi Utomo
3. Pasar Baru Timur
4. Salemba Carolus
5. Jembatan Merah
6. Kramat Sentiong NU
7. Pal Putih
99 Bus
stops $ 53.811.060
*Exchange rate USD 1 = IDR 14,254
Project Information
Project Type DBFOM. Due to the ongoing schedule, the “Design” part are
partially done by project owner while “Build” are expected
to be done fully by Partner. Partner will “Finance” the whole
project. “Operation” will be shared among project owner and
partner and “Maintenance” fully delivered by the Partner
Total Project Cost IDR 767 billion / USD 53.8 million (USD 1 = IDR 14,254)
Investment Opportunity BOT
User Charge, Availability Payment/Public Service

Source of Revenue
Obligation (PSO), Non-Farebox Business
Current Ownership PT Transportasi Jakarta (Jakarta Provincial-Owned Enterprise)
Current Status Land cleared; Ongoing feasibility study
Stations 99 Bus Rapid Transit (BRT) Stations
Location Jakarta
Indicative Scheme
• Partner cover all financing upfront (Capex & repex) for 7 packages under BOT Agreement
with TJ
• Partner (or TJ) conduct the construction side of the projects
• Partner will be granted the right to run non-fare box business, related to the shelter
• Non-Farebox revenues may be collected by partner in an escrow account
• Partner shall gain agreed portion of revenue sharing during the 10 years partnership while
the rest of the % goes to TJ
• 100% farebox revenue remain with TJ

TransJakarta is the first Bus Rapid Transit (BRT) regulated in DKI Governor Regulation (Pergub) No.
transportation system in Southeast and South Asia 48 Year 2006
with the longest track in the world (208 km). This In 2013, TransJakarta is preparing for the opening
BRT system was designed based on the TransMilenio of new corridors, such as preparation for operator
system in Bogota, Colombia. As of February 1, tenders, construction of Busway lanes, ramps, bus
2004, TransJakarta officially operates. stops and other supporting infrastructure. This year,
TransJakarta was decided to form the TransJakarta TransJakarta also started to implement an e-ticketing
Management Agency (BP) based on Governor system for all corridors as well as the integration
Decree no. 110/2003 where: • TransJakarta is of the e-ticketing system with feeder Busway and
managed in a non-structural way • Using transfer other public transportation.
funds • Flexible budget • Revenue that can be
deposited • Responsible directly to the Governor. On 27 March 2014, TransJakarta changed its status
to become a BUMD (Regional Owned Enterprise)
On May 4, 2006, the Governor of DKI Sutiyoso and officially changed its name to PT. Jakarta
changed BP TransJakarta into the TransJakarta Transportation. The plan to open new corridors
Public Service Agency (BLU) which is a Technical is ongoing, innovations are launched for the
Implementation Unit (UPT) under the Transportation convenience of customers.
Agency (Dishub) of DKI Jakarta Province. This is
Other Information
Indicative timeline for the project are as follows
Contact Information
Mr. Yoga Adiwinarto
Director of Technic & Facilities

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DKI Jakarta with a total population of ~11 million and GDP

Despite the resilient economic growth that the city was

For enquiries pertaining to any of the projects listed below,

MRT Retail Area

Communal Elevation Area (Skylight)

MRT Station Interior View 1 MRT Station Interior View 2

Total Project Cost USD 4M – 4.5 M

Current Ownership PT MRT Jakarta

Current Status FS completed

Location Bundaran HI, Central Jakarta

Concession fee (upfront) All assets transfer

Strategic Partner EPC

Rental fee Advertising space

Retail area tenants Advertisement space

MRT Retail Area (Bundaran HI) Project

Other Important Financial Parameters

Project IRR 16%

Payback Period 8 years

NPV IDR 15.4 Billion (USD 1.1 million)

Project Sarana Jaya

Nuansa Pondok Kelapa Nuansa Cilangkap

Project Value: Project Value:

Percentage of Household Based on

Own Rent Rent free Official residence, etc

Project Information Nuansa Pondok Kelapa Nuansa Cilangkap

IDR 1,05 trillion/USD 49,35 IDR 971,7 billion/USD 67,7 million

Investment Opportunity Equity investment Equity investment

Current Ownership Sarana Jaya Sarana Jaya

Expected Start Date TBD TBD

Indicative Project Structure

Sarana Jaya will enter into a joint

Cash Inflow, Cash Outflow, and Net

2022 2023 2024 2025 2026 2027 2028 2029

100.000.000.000 Cash Out Cash In Net Cashflow

Other Important Financial Parameters

Nuansa Pondok Kelapa Tower C and D Nuansa Cilangkap Tower B, C and D

Project IRR 14,25% 15,57%

Payback Period 4 years 5.5 years

WACC 10.04% 10.04%

LRT Rolling Stock Inside view of LRT

Boulevard Sunter Gelanggang Sunter

Investment Opportunity Debt financing (open for discussion)

Current Ownership PT Jakarta Propertindo (Jakpro)

Current Status Land cleared; Feasibility study completed

Expected Start Date 2022

Location Kelapa Gading – JIS (North Jakarta)

It acts as the Jakarta government’s property sub-

Pondok Bambu Rekreasi

LRT Development Schedule

Altogether, LRT Jakarta phase 2 and phase 3 will target

Proposed MRT Station Proposed MRT Railway

MRT Phase 4 (Fatmawati – TMII) Route Map

Warung Tanjung Raya Tanah Kampung Taman

Total Project Cost USD 1.8 Bio

Investment Opportunity Equity or debt financing

Source of Revenue Fare revenue, TOD revenue, PSO

Current Ownership PT MRT Jakarta