INDUSTRY.co.id - Jakarta - PT Kereta Api Indonesia has set aside funds for second phase capital to PT Pilar Sinergi BUMN Indonesia related to the Jakarta-Bandung rapid railway project from asset utilization.

"If we are ready, but there is no request. This month is possible. But, we do not know, "said Edi Sukmoro, President Director of PT Kereta Api Indonesia (KAI) in Jakarta, Monday (11/09/2017).

Edi explained, it will use funds from the utilization or empowerment of assets owned by the company to make the capital deposit.

The move, he said, in accordance with the direction of President Joko Widodo for the company's cash flow is not disrupted by the obligation. "So far there is no problem. We have empowered assets, then later to be loaned to PT PSBI, "he said.

The company is also awaiting the determination of the location of the Jakarta-Bandung rapid railway line by the local government of West Java, before performing its obligations as part of PT PSBI.

With regard to asset utilization, the company has a revenue target of Rp800 billion-Rp900 billion for the year.

"If the value, depends on the achievement of the asset director. This year's program is Rp800 billion-Rp900 billion. But, the realization until this month how, I have not checked. Hopefully realized because the assets are extraordinary, "he said.