Explain the benefits of the high-speed train, Sri Mulyani, an example of the Jagorawi Toll Road in the Soeharto Era


The Jakarta-Bandung high-speed rail project (KCJB) is doubtful of being able to make a real contribution. The Minister of Finance (Menkeu) Sri Mulyani also mentioned the Jagorawi Toll Road, which was built under President Soeharto.

The state treasurer explained that when the Jagorawi Toll Road was built, it was also in doubt because it was considered not feasible. But now the freeway has been passed by many vehicles.

“The Jagorawi Toll Road when Pak Harto used to make it, he considered it not yet feasible. But now it’s become overcrowded. So we may also need to look at everything,” he said in a working meeting with Commission XI of the Indonesian House of Representatives, Monday (11/8/2021).

The former managing director of the World Bank also explained that sometimes the construction of a new national strategic project (PSN) will have an impact on the economy after years after being completed.

“But make sure (make sure) that just like national strategic projects, sometimes a project that we run may only have good economic value 20 years later,” he said.

The Ministry of Finance, he continued, cooperates with other relevant ministries/agencies (K/L) to ensure that the Jakarta-Bandung high-speed rail project has optimal economic benefits.

“Our position is, of course, that we will cooperate with related Ministries/Agencies including the Minister of Transportation and others, because later on, as previously stated, the PSO will look like what the ticketing will look like, and to make the project. It is feasible, what should we do now, that must be our focus so that the national strategic projects contained in Presidential Regulation 109 of 2020 can run,” he added.

The Presidential Regulation referred to by Sri Mulyani is the Presidential Regulation concerning the Third Amendment to Presidential Regulation Number 3 of 2016 concerning the Acceleration of the Implementation of National Strategic Projects.




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