Company News
PT KA Prepares Funding for Train Route to Airport
Bisnis Indonesia, page 5, 2006-06-26
PT Kereta Aoi (PT KA) has prepared basic capital of Rp 400 billion to be deposited to PT RaiLink, a joint venture between PT KA and Angkasa Pura II that holds concession rights for the management of train route heading to the Soekarno-Hatta International Airport. PT RaiLink will set the construction priorities that have to be actualized soon as demands for to/from airport transportation increases. For the first phase, the amount mentioned previously will be allocated to construct facilities and infrastructure for the Manggarai to Soekarno-Hatta route. For the Soekarno-Hatta project, the government has asked that RaiLink co-operate with Jakarta’s Provincial Government (as space provider) and PT Industri Kereta Api (as train facilities’ provider). PT RaiLink will also be in charge of two other concessions, one in Kuala Namun (North Sumatra), and another in Minangkabau (West Sumatra).
PT KA's Board of Directors Replaced
Suara Pembaruan, page 6, 2005-09-28
The new Board of Management of PT Kereta Api (KA) has been inaugurated in the State Owned Corporation Ministry office. The candidates for the position included Ronny Wahyudi (director), Kuncoro Soedharmo Ramadhan, Julison Arifin, Amid Abdullah and Makbul Suyudi
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