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Investor Presentaiton

BAPPENAS Kementerian Perencanaan Pembangunan Nasional Becan Perencanaan Pembangunan Nasional ASEAN INDONESIA 2023 Urban Mass Transit Program CHANGING SPORT giz Supported Bry Fal My fn Eare: Arth and Cintia baia of a desi by the German Bund IKIO INTERNATIONAL CLIVATE INITIATIVE Bappenas initiated a mass transit program consisting of aspects of institutional development and funding integration Metropolitan Transport Institution Development Establishing metropolitan transportation institutions to ensure the integration of Urban mobility policy & Management and operation of public transport The institutional form based on best practice is a corporation (can be in the form of a State-Owned Enterprises / SOE-ROE Holding) Manage transportation funding (sourced from operating income, business development, equity contributions from each local government, etc.) Metropolitan Transport Authority Model -Central Government - Provincial/City/Regency Government Represent Board Integration of Funding Sources for Urban Mass Transport Development Formulate a funding scheme for the implementation of mass public transport • Ensuring the role of local governments in financing the construction and operation of public transport Optimizing investment of Business Entities Regulate the portion of Central Government support Integration of funding sources Provincial and City/Regency Budget Alternative Regional Loans through Municipal Bond Issuance (requires legal umbrella), asset and capital investment • Loan Central Government support through Grants or hybrid financing (combination): a. Upfront Cash through Grants b. AP support from the relevant Ministries for the Capex portion of central government CVGF . Business Entity Sustainable Urban Mobility Plan Shifting the planning approach from a conventional Master Plan (based on administrative areas, focusing on increasing traffic flow/capacity) to Sustainable Urban Mobility Plan (based on urban functional areas and focusing on accessibility of urban activity centers) Fund Sharing Local Government Responsibilities Metropolitan Transport Institutional/Authorities Operating Contract Revenue Central Government Support Bus Operator Rail Operator MRT LRT Feeder Part of Capex* All Opex Land Part of Capex** Provide additional technical support *) Minimum 15% Total Capex **) Maximum 85% Total Capex 4
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