The Government of Singapore has invited investors to participate in the development of Phase 3 and Phase 4 of the Jakarta Mass Rapid Transit (MRT) system. The proposal was discussed, where both sides explored investment opportunities in urban transport infrastructure, transit-oriented development (TOD) projects and initiatives supporting Jakarta’s ambition to become a global city.
The Jakarta provincial government stated that it is committed to creating a transparent, efficient and stable investment environment through clear regulations, streamlined processes and consistent policies. In addition to MRT expansion, Jakarta is seeking investment in TOD developments and other urban infrastructure projects designed to improve mobility and support sustainable urban growth. The discussions form part of broader efforts to attract foreign investment into Indonesia’s public transport sector and accelerate the development of integrated mass transit networks.
The proposed MRT investments align with Indonesia’s national objective of expanding modern and reliable public transportation systems. The government recently reaffirmed the government’s commitment to accelerating MRT development alongside the expansion of Jakarta’s light rail transit (LRT) and TransJakarta bus networks. The MRT expansion is expected to strengthen urban connectivity, encourage a shift from private vehicles to public transport and support Jakarta’s long-term urban development strategy.