PT MRT Jakarta and Shimizu-AdhiKarya Joint Venture (SAJV), a partnership between Japanese engineering company Shimizu Corporation and state-owned construction company AdhiKarya, have signed a contract worth IDR 4.5 trillion ($336.2 million) to begin Phase II of the Jakarta mass rapid transit (MRT) rail development project. Phase II involves the construction of a 6.3 km track from HI to Kota Station in West Jakarta. SAJV has been awarded the tender for the 58 month initial stage of Phase II, which involves construction of a 2.8 km tunnel connecting the Bundaran HI and Harmoni stations in Central Jakarta, along with the MH Thamrin and National Monument MRT stations. Construction work on the project is expected to be completed by December 2024. Seven underground stations have been planned under Phase II, with an IDR 22.5 trillion loan assistance from JICA.
