{"id":58571,"date":"2024-06-03T09:46:44","date_gmt":"2024-06-02T23:46:44","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=58571"},"modified":"2024-06-03T09:46:51","modified_gmt":"2024-06-02T23:46:51","slug":"small-but-significant-progress-made-on-bali-rail-network","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=58571","title":{"rendered":"Small But Significant Progress Made On Bali Rail Network\u00a0"},"content":{"rendered":"\n

Investors have started sharing their interest in the Bali Rail Network Project. <\/p>\n\n\n\n

The initiative has been on the cards for years, and leaders have been increasingly keen to get things moving to help tackle the island\u2019s mounting traffic issues and create a reliable public transportation network. <\/p>\n\n\n\n

\"Trainline<\/figure>\n\n\n\n

On Wednesday, 29th May, an event was held at the Bali Governor\u2019s Office called \u201cSubmitting Investment Interest in Bali Urban Rail and Associated Facilities and Submitting Qualification Documents.\u201d<\/a><\/p>\n\n\n\n

The event was attended by the Acting Governor of Bali, Sang Made Mahendra Jaya, the Indonesian Minister of National Development Planning, Suharto Monoarfa, and the Minister of Investment, Bahlil Lahadalia.<\/p>\n\n\n\n

Acting Governor Jaya told the audience, \u201cThis event is a new milestone in the development of transportation infrastructure in Bali. Construction and development of tourism corridors equipped with train-based mass public transportation systems through a business-to-business investment model.\u201d<\/p>\n\n\n\n

Acting Governor Jaya acknowledged that fiscal constraints have played a part in the project, which has taken quite a long time to take form. <\/p>\n\n\n\n

He also acknowledged that the traffic congestion experienced on a daily basis in tourist resorts like Canngu, Kuta, Seminyak, and Ubud must be urgently addressed.<\/p>\n\n\n\n

Jaya also confirmed that potential investors have \u2018moved quickly\u2019 to complete the tender and procurement processes. He revealed that one company in the running is PT Bumi Indah Prima. <\/p>\n\n\n\n

The event was also attended by the Regent of Badung Nyoman Giri Prasta, the Deputy Mayor of Denpasar, the Deputy Regent of Tabanan, and the Acting Regent of Gianyar. <\/p>\n\n\n\n

Minister of Investment Bahlil Lahadalia has promised to provide a number of incentives for the construction of the project now referred to as the \u2018Bali Urban Rail.\u2019 <\/p>\n\n\n\n

Lahadalia confirmed that he would be making the acquisition of permits easier, scrapping tax on imported goods for development needs for the project, and tax breaks.\u00a0<\/p>\n\n\n\n

Minister Lahadalia added, \u201cWe from the Ministry of Investment will push for licensing matters. Whoever wins, please [go ahead]. We will speed up licensing.\u201d <\/p>\n\n\n\n

He added \u201cLater we will also check, if we really have to give a tax holiday as long as we comply with the regulations, we will give it. This is the downstream version of tourism. If you\u2019ve made a profit, don\u2019t pay taxes or if you\u2019ve made a profit, say you\u2019ve made a loss. We\u2019ll check that later.\u201d<\/p>\n\n\n\n

\"Jakarta<\/figure>\n\n\n\n

Speaking at the event the Minister of National Development Planning, Suharso Monoarfa, said \u201cI would like to not have a tax holiday if possible. Because of that difficulty. Fiscally, we already have too many holidays. But when it comes to permits, import duties, why not. I agree with that. I heard the IRR is good. So don\u2019t give tax (holidays) like that.\u201d<\/p>\n\n\n\n

While this stage of the project may not seem that important or significant to holidaymakers and long-stay tourists in Bali, this project will ultimately completely change the way in which the public moves around the island. <\/p>\n\n\n\n

The Bali Urban Rail, as it is now being referred to, will connect I Gusti Ngurah Rai International Airport with Kuta, Seminyak, and Canggu. The rail service is also set to stop at Renon in Denpasar, Central Parking in Denpasar, and the newly revamped resort of Sanur.<\/p>\n\n\n\n

\"Construction-Workers-Wear-Orange-Uniforms-and-Work-on-Trainline\"<\/figure>\n\n\n\n

What is still unclear is whether plans to create the Bali Urban Rail system as an underground network will be permitted. <\/p>\n\n\n\n

There were tentative plans, and public conversations in 2023 that suggested at least part of the network would be an underground line. <\/p>\n\n\n\n

However, concerns were raised regarding the high cost of such a construction endeavor, with many leaders noting that they want to be making progress as soon as possible, with work underway by the end of 2024. <\/a><\/p>\n\n\n\n

\"High-Speed-Train-in-Jakarta\"<\/figure>\n\n\n\n

Leaders in Bali have been cooperating and consulting with leaders in Jakarta regarding lessons that can be learned from the Jakarta Metro system, with Jakarta-based leaders turning to Bali authorities to learn about tourism development.\u00a0<\/p>\n\n\n\n

Source: Bali Sun<\/p>\n","protected":false},"excerpt":{"rendered":"

Investors have started sharing their interest in the Bali Rail Network Project.<\/p>\n","protected":false},"author":20,"featured_media":58576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[3354,4565,47],"tags":[9939,7],"class_list":["post-58571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bali","category-indonesia-rail-news","category-rail-news","tag-asia","tag-transport"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t