Jakarta –
PT KCIC said Fast Car Jakarta Bandung or Whoosh will reach the break even point (BEP) or return on investment of 40 years. This is as stated by KCIC previously.
KCIC President Director Dwiyana Slamet Riyadi was initially reluctant to comment regarding the statement by Indef Senior Economist Faisal Basri who said that the return on capital for fast trains could be up to 139 years. Then, he said, the return on capital for the high-speed train project would be no different from other train projects.
“Yes, that’s around 40 (years). So if we look at the rich, how much is the MRT? MRT, no different. Try checking the Jakarta MRT. Indeed, the train infrastructure is like that. Moreover, KCIC, bought the land yourself. Try checking the MRT whose land was acquired? LRT “Who released the land? Airport trains and so on,” he explained at Halim Station, Jakarta, Tuesday (17/10/2023).
He said KCIC has other sources of income besides tickets. One of them is naming rights. However, the naming rights issue has many considerations,
“Yes, sir. This is naming rights. We just have to decide, we have a lot to consider naming rights, because naming rights are not easy,” he said.
“For example, suddenly the private sector, I’m sorry, a company that is not really related to KCIC, suddenly offers a bit more expensive and all kinds of things, we will definitely consider it. Why is it something that has nothing to do with transportation, for example,” he added.
Apart from that, his party also plans to develop transit oriented development (TOD). At Halim Station, for example, KCIC controls 2.6 hectares (ha) of land.
“2.6 hectares is the largest (Halim). Many people want it,” he said.
He said that the possibility of TOD development at Halim Station was the first. However, TOD development is likely 5 years away.
“I think right now we are in a beauty contest, looking for which investor will provide the best added value to the company. But the concept is win-win. Yes, maybe in five years’ time. Because TOD isn’t easy, you know,” he said.
(acd/hns)
2023-10-17 13:48:50
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