Indonesia, South Korea Sign MoU on Light Rail Project: Minister

Indonesia and South Korea have signed a provisional agreement to develop a light rail transit (LRT) system in the Southeast Asian country, Industry Minister Airlangga Hartarto said on Thursday (09/11). (Antara Photo/Yulius Satria Wijaya)

By : Cindy Silviana | on 2:51 PM November 09, 2017
Category : Business, Economy

Jakarta. Indonesia and South Korea have signed a provisional agreement to develop a light rail transit, or LRT, system in the Southeast Asian country, Industry Minister Airlangga Hartarto said on Thursday (09/11).

South Korea's Yonhap news agency said the project in Jakarta was part of a series of agreements worth up to $1.9 billion due to be signed.

"This has already been signed," Hartarto told reporters, when asked about the agreements. South Korean President Moon Jae-in is visiting Indonesia and is due to sign a number of agreements on transport as well as power and housing.

 
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