Dentons HPRP has been appointed by PT MRT Jakarta (Perseroda) (“MRT Jakarta”) to provide comprehensive legal assistance to the company. Led by Partner Hendra Ong, the team consists of Associate lawyers Abraham Sylvester Harryandi, Osha Adyancha, Aditya Parlindungan Pratama Sitanggang, Monica Elizabeth Dina and Inaya Safa Nadira, and is responsible for providing legal advice and recommendations, required legal documents, representation in any legal actions in or out the court, assistance in correspondence and agreements with third parties, in relation to projects and corporations.
MRT Jakarta signed a contract for Phase 2A MRT transportation construction, together with PT Adhi Karya (Persero) Tbk and Shimizu Corporation Indonesia on February 17, 2020. The Rp.4.5 trillion construction aims to continue the development of the 2.8km MRT route to the north. The signing of this agreement is one of the projects assisted by Dentons HPRP as a legal consultant for MRT Jakarta.
Previously, Dentons HPRP also assisted MRT Jakarta in preparing an agreement with PT Kereta Api Indonesia (PT KAI) to establish a joint venture company, PT Moda Integrasi Transportasi Jabodetabek, to integrate transportation in the Greater Jakarta area. The Jakarta Provincial Government through MRT Jakarta holds 51% shares, while PT KAI has 49% shares. The JV company will manage 72 stations that are integrated with other public transportation. The agreement signed on January 10, 2020 at the Office of the Ministry of SOEs. Minister of State-Owned Enterprises (BUMN) Erick Thohir, Transportation Minister Budi Karya Sumadi, DKI Jakarta Governor Anies Baswedan attended the signing ceremony.
MRT Jakarta is a provincially-owned corporation (BUMD) company a majority of shares in which are owned by the Jakarta provincial government. The company was founded for the construction, operation and maintenance of Mass Rapid Transit (MRT), as well as the development of property and businesses in the surrounding area. Currently, MRT Jakarta is the only corporation in the MRT business in Indonesia.
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