Dentons HPRP, a distinguished law firm, is thrilled to extend its warm congratulations to PT Jakarta Propertindo (Perseroda), for the successful groundbreaking ceremony of the LRT Jakarta Phase 1B project (30/10), spanning the Velodrome-Manggarai route. This momentous event, graced by the esteemed presence of the Acting Governor of DKI Jakarta, Heru Budi Hartono, and the Minister of Transportation of the Republic of Indonesia, Budi Karya Sumadi, symbolizes a significant milestone in the advancement of regional transportation infrastructure and services.

Led by Partner, Hendra Ong and supported by Abraham Sylvester Harryandi (Senior Associate), Aletheia Christy Hutabarat (Associate), Carlos William Rettobjaan (Associate), Hilwa Az Zahra Adwani (Associate), and Natasya Gabriela (Associate), a Dentons HPRP team played a pivotal role in providing invaluable legal support to PT Jakarta Propertindo (Perseroda). The transactions, with a total worth exceeding Rp4.5 trillion, encompassed multifaceted complexities inherent in the construction works, including the intricate engineering to meticulous civil construction, encompassing installation, erection, testing, and commissioning services.

The team’s comprehensive legal assistance spanned the preparation of agreements, ensuring unwavering legal compliance with pertinent laws and regulations. Moreover, it entailed a thorough examination of transaction documents, demanding a keen eye for detail and specialized expertise to guarantee the seamless execution and compliance with all stipulated terms and conditions. The team also engaged in contractual analysis to safeguard the rights and interests of our esteemed client throughout the construction process. Furthermore, it proactively engaged in risk assessment and management, offering strategic solutions to identify and mitigate potential legal risks associated with the project.

The successful execution of the LRT Jakarta Project Phase 1B (Velodrome-Manggarai) signifies the timely realization of a pivotal transportation infrastructure undertaking. This accomplishment bears immense significance for PT Jakarta Propertindo, enhancing their portfolio, fostering regional development, and ultimately elevating transportation services for the local community.

This milestone achievement stands as a testament to the dedication and expertise of all stakeholders involved, underlining a steadfast commitment to enhancing transportation services for the people of Jakarta. It is a remarkable stride in contributing to the growth and development of the region's transportation infrastructure.

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