HIGH SPEED RAILWAY (HSR)

JAKARTA - BANDUNG
THE ACCELERATION OF INFRASTRUCTURE IN WEST
JAVA
Hendra Mardiana

Forum Development Finance Supporting the

Infrastructure Building and Industries
Development in Indonesia
Jakarta, 23 November 2016
INDONESIA IN ASEAN REGION

Indonesia has a huge task ahead.

The World Economic Forum ranks
Indonesias infrastructure as 72nd
out of 144 countries, and 4th in the
ASEAN region, below Singapore,
Malaysia and Thailand
Source: KPMG Investing in Indonesia
2015
High Speed Railway Jakarta-
 INFRASTRUCTURE NEEDS IN INDONESIA Stimulating
Infrastructure Spending
RPJM (Medium Term Development Plan) 2015 - 2019

in trillion
Logistics Costs among
Advanced and ASEAN
Countries

IDR 5,610
Trillion Infrastructure development in Indonesia is
highly dependent on private investment ,
Source : Ministry of Finance
as the government funding is very small

High Speed Railway Jakarta-

MASTER PLAN OF NATIONAL RAILWAY
SYSTEM 2030
Vision: "Competitive, Integrated, High Technology, Industry Synergy, Affordable, Responsive To Development

Programs :
a. National railway network in 2030 along the 12,100 km (Java-Bali, Sumatra, Kalimantan, Sulawesi and Papua) including the urban rail Existing Railway track
network along the 3,800 km. Railway track (plan)
b. Passengers locomotives : 2,805 units, passenger trains : 27 960 units. Special track railway (Plan)
c. Freight locomotive : 1.995 units, and 39.655 carriage unit. High speed train track (plan)
d. Government financing of investment funding ratio : 30%) and the Private : 70%
Targets :
Share train: 11-13 % for the passenger train; 15-17 % for the freight train T h e o p e r a t i o n o f Argo Cahaya (High Speed Train/ HST) in java
The railway electrification and double-double tracking of Java Railway as the backbone of the freight transportation in Kalimantan, Sulawesi
Developing The trans Sumatra railway network and Papua.
Integrated, safe, secure, comfortable, services are reliable and affordable.
As the backbone among the cities and urban mass transportation
Source : Rencana Induk Perkeretaapian Nasional (RIPNas) 2010-2030, The Ministry of Transportation Republic of Indonesia

High Speed Railway Jakarta-

JABODETABEK RAILWAY NETWORK PLAN 2014 -
2030

Source : PERMENHUB No. 54 TAHUN 2013

The Ministry of Transportation
Republic of Indonesia

High Speed Railway Jakarta-

INTEGRATED NETWORK PLAN OF MASS
TRANSPORTATION

Source : PERMENHUB No. 54 TAHUN 2013

The Ministry of Transportation
Republic of Indonesia

High Speed Railway Jakarta-

PT KERETA CEPAT INDONESIA
CHINA
INDONESIA TIONGKOK
CONSORSIUM CONSORSIUM

1. Leader : PT.Wijaya 1. Leader : CHINA RAILWAY

Karya (Persero) Tbk INTERNATIONAL Co., Ltd
2. PT.Jasa Marga (Persero) 2. CHINA RAILWAY Group
Tbk Limited (CREC)
3. PT. Perkebunan Nusantara 3. Sinohydro Corporation
VIII Limited
4. PT.Kereta Api Indonesia 4. CRRC Corporation Limited
(Persero) (CRRC)
5. CHINA RAILWAY Signal And
Communication Corp
100
100 (CRSCC) 100
100
% %

PT.Pilar Sinergi BUMN CHINA RAILWAY Int.

Indonesia Co. Ltd

60%
60% 40%

PT.KERETA
PT.KERETA CEPAT
CEPAT INDONESIA
INDONESIA CHINA
CHINA
(KCIC)

High Speed Railway Jakarta-

FINANCIAL SCHEME
Terms of the
loan :
- 40 years Loans
Period
- Loan Portion :
60% in USD
with interest
2%/year
40% in RMB with
interest 3,46%

High Speed Railway Jakarta-

CHALLENGES : RETURN ON
INVESTMENT

50 years of Concession Agreement Development &

Operational of
TOD
Creating
New
Market &
Increase
The
Demand
Forecast

New City
Development
Integrated with
HSR ticket of Revenue from TOD
Jakarta Ticket Sales of
Bandung : HSR : USD 168
USD 16 Million in 2019

High Speed Railway Jakarta-

SIBILITY STUDY RESULT SUMMARY
Financial Evaluation (FS as of
Without
February Transit Oriented
2016)
With Transit Oriented Development
Development
Cost of Project Cost of Project
Total Cost of Project = USD 5,294 Billion Total Cost of Project = USD 5,135 Billion

Financial Internal Rate of Return (FIRR) Financial Internal Rate of Return

FIRR of project investment
(before taxes): FIRR=6.85%
FIRR of project investment (after
taxes): FIRR=5.64%
FIRR of capital (before taxes):
FIRR=11.19%
FIRR of capital (after taxes):
FIRR=9.29%
Payback Period of Investment (Pt)
Financial payback period of investment:
Pt = 23.74 years
(FIRR)
FIRR of project investment (before
taxes): FIRR=4,87%
FIRR of project investment (after
taxes): FIRR=4.05%
FIRR of capital (before taxes):
FIRR=4.72%
FIRR of capital (after taxes):
FIRR=3.86%
Payback Period of Investment (Pt)
Financial payback period of investment:
Pt = 40.2 years

High Speed Railway Jakarta-

PROJECT TIME LINE

Jakarta Megacity

Project Integrated
Integrated
P r i m aBandung
Ground Completion
Constructio Terminals
Terminals
ry
TOD & HSR
Breaking n of Project,
Operation
May
January 21,
2016
November
2019
2019 Smart City
2016
Regions

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R DEVELOPMENT IN THE FUTURE

HSR Jakarta Bandung will be planned

:
Jakarta to International Airport
Soekarno Hatta
Bandung (West Java) to Surabaya
(East Java)

High Speed Railway Jakarta-

OJECT CONSTRUCTION

High Speed Railway Jakarta-

OJECT CONSTRUCTION

High Speed Railway Jakarta-

NTAGE : HSR vs OTHERS TRANSPORTATION
Jakarta Bandung with Others
Transportation
More than 11
thousand
vehicles on
the road in
Jakarta Private Car Travel
Bus
More than Service
140 thousand
vehicles IDR 150.000 IDR 75.000 IDR 110.000
move from 3 4 hours 3 4 hours 3 4 hours
Jakarta to 45 km/hour 45 km/hour 45 km/hour
Bandung 142 Km
Logistics
distribution
is hampered
Traffic Jam =
Losses IDR 7 Jakarta Bandung with HSR
Trillion per Cost : IDR 225.000
day
Time : 45 minutes
Speed : 350 km/hour
8 cars EMU Capacity around 550
passengers
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ANTAGE : HSR vs REGULAR TRAIN
High Speed Railway Regular Train
2019 2016

45 minutes 3,5 hours

IDR 225.000 IDR 120.000

350 47
km/hour km/hour
On Time Affordable prices
High Level Safety
Comfortable
High Speed Railway Jakarta-
RIOD & MANPOWER NEEDED
(2016 2019) (2019 2024)

HSR Construction HSR Operation TOD Operation

TOD Construction

39.000
& 28.000
20.000 Manpow
Manpow er
er
High Speed Railway Jakarta-
ANPOWER PLANNING
Manager
Communications workers
Line worker
Test worker
Crane operator
Construction Template Workers
Scaffolders
Period Mechanical repair worker
Manpower Concreteworker
Years Steel Fixer
Welder
2016 11.558 The Surveyors
Reclaim worker
2017 14.928 Electrician
Operator
2018 12.190 Truck driver
Rig driver
2019 4.088
Bridgeworker
Subgrade worker
Tension Workers
Manager / Technician / prevention worker
Labor Masonry worker
Waterproofingworker
Girder laying works
General worker

Technician
Labor High Speed Railway Jakarta-
ANPOWER PLANNING Divison of O&M
Operation Control Center OCC
Manager
Shift Supervisor
Controller
Train Operation Department
Manager
Operation Period on 2019 Station Master
Deputy Station Master
Engineer
Crew Department
Total Manager
Engineer
1.553 Crew Captain
Manpower Conductor
Train Attendant
Engine Driver Captain
Engine Driver
Manager / Technician Operation Plan Department
Manager
Deputy Manager
Engineer
Depot Dispatcher
Depot Maintenance Department
Manager
Dispatcher
Maintenance staf
Infrastructure Maintenance Department
Manager
Supervisor
Maintenance staf

High Speed Railway Jakarta-

ANPOWER PLANNING Divison of O&M
Operation Control Center OCC
Manager
Shift Supervisor
Operation Period Controller
Train Operation Department
2020 - 2024 Manager
Station Master
Deputy Station Master
Engineer
Crew Department
Total Manager
Engineer
2.950 Crew Captain
Conductor
Manpower / Year Train Attendant
Engine Driver Captain
Engine Driver
Operation Plan Department
Manager
Manager / Technician Deputy Manager
Engineer
Depot Dispatcher
Depot Maintenance Department
Manager
Foreign Manpower Local Manpower Dispatcher
Maintenance staf
(20%) (80%) Infrastructure Maintenance Department
590 2.360 Manager
Manpower/Year Manpower/Year Supervisor
Maintenance staf

High Speed Railway Jakarta-

DEVELOPMENT OF CORRIDOR JAKARTA-BANDUNG
CONNECTING BY HIGH SPEED RAILWAYS

Aedas-
Atki Package 1: Arup
ns HALIM Package
2:
KARAWAN
G

Surbana
Aedas-
Legend: Jurong
Package Arup
Station 3: Package 4:
WALINI TEGAL
Depo LUAR
&
Jakarta Bandung
HSR Plan

High Speed Railway Jakarta-

 THANK
YOU
Address :
Jl. DI Panjaitan Kav. 9, 13340 Jakarta Timur

Phone : (021) 859 18670

www.kcic.co.id

Kereta Cepat Indonesia

@KeretaCepatID