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AxisCapital Group Jakarta Review Traffic Jam, an Issue since Forever

Jakarta,Indonesia - Traffic congestion in main cities around Asia has long been anissue since anyone can remember. According to many surveys like EconomistIntelligence Unit (EIU), Jakarta, Indonesia has received the status of the citywith the worst traffic in the world. The city was reviewed to have the highestnumber of stops and starts with an average of 33, 240 per drive per year.

Themost complaints of annoying causes of traffic jams in the country includepeople taking shelter at underpass during heavy rains which clogs the mainroads for vehicles and motorist. Also, the streets are filled with vendorswhich steal the way where pedestrians should be walking on. Hence, people haveno choice but to walk on roads that should be for vehicles. There are alsostreet violators around the city: parking under the “no parking” sign anddriving on pedestrian lanes. The country’s population is also pointed out asone of the main reasons of traffic congestion in the city.

In2050, the city is predicted to be the largest among other cities in Asia. Thecurrent population of Greater Jakarta is 30 million, making it one of theworld’s largest urban clusters, and it is estimated to grow to 50 million overthe next few decades.

Althoughother sectors of the infrastructure industry have boomed in the past years, trafficremains to be one of the main issues which have not been resolved despite the continuouseffort by the government and private companies. Jakarta's traffic congestion isestimated to cost the economy US$1.2 billion per year even before countinghealth costs. Furthermore, the city has insufficient land area to build roads –8 percent compared to the 15 percent it needs.

Thegovernment incessantly gives out warnings that if this continues to happen, thegoal of developing the nation in character and appearance may seem impossibleto reach.

Dr.J. Scott Younger, director of infrastructure firm PT Nusantara Infrastructure,a major private infrastructure player in Indonesia states that the solution, hesays, is to develop alternatives such as light rail and monorail, and to makearterial improvements such as urban toll roads and selective bus corridors. Inthe wider Java region, there is an even greater need to extend the roadnetwork, which may be up to half a million kilometres short of the roads neededto serve the population.

Withthe new budget for infrastructur