Profile:
- Location : Medan - Binjai - Deli Serdang (MEBIDANG)
- Track Distance : 179 km
- Financial Feasibility :
- IRR: 12.50%
- NPV: IDR1.57 Trillion
- Payback Period: 5 years
Project Description:
This
project aims to increase productivity while reducing congestion in three major
areas in North Sumatra Province: Medan City, Binjai City
and Deli Serdang Regency, better known as Mebidang.
North Sumatra is the province with the fourth largest population in Indonesia
that shows the potential customer. With economic growth above national level on
average in the last three years, North Sumatra also one of the biggest
contributor to the national economy. Focusing on construction, maintenance and
operation, this project will create integrated urban mass transportation in Mebidang to
improve traffic safety and support faster mobility. This project of BRT Mebidang is
the first stage to realize the gradual development of the LRT Mebidang in
2035. More over, supported by the local government, this cooperation with
business entities will be able to obtain convenience and various priorities to
build and operationalize this project.
Financing
and Direct
Investment