Ratu Prabu and the US$26 billion LRT Project

Sandiaga Uno, Vice Governor of Jakarta recently told the press that PT Ratu Prabu Energi Tbk (ARTI), a company with businesses in energy and property, will develop light rail transit (LRT) project in Greater Jakarta dan surrounding cities (200 KM) with investment of US$26 billion. Some, however, questioned credibility of the plan.

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