HTT Signs Hyperloop Feasibility Study in Indonesia

HTT Signs Hyperloop Feasibility Study in Indonesia :Hyperloop Transportation Technologies (HTT) announced on 8 March 2017 that it has signed the first Hyperloop agreement in Southeast Asia.

Hyperloop is a passenger and freight transportation system that propels a pod-like vehicle through a near-vacuum tube at great speeds. The tubes can go above ground on columns or underground, eliminating the dangers of grade crossings and the costs of land acquisition.

The agreement with Indonesian private investors is for conducting a feasibility study, focusing initially on Jakarta and then on connecting the islands of Java and Sumatra.

HTT has agreed to establish a joint venture enterprise, Hyperloop Transtek Indonesia, with local partners Dwi Putranto Sulaksono, the founder of humanitarian organization Dwiyuna Jaya Foundation, and Ron Mullers, the founder of Papa Ron’s Pizza.

With a population of over 260 million, Indonesia is the fourth most populated country in the world. The city of Jakarta, with a population of over 10 million people, faces some of the worst traffic in the world.

HTT Chairman and CEO Bibop Gresta told the press: “The planned routes we’re looking at include a link from the Tangerang airport to the city center.” In the long run a much more extensive network connecting all of the major cities in Java and Sumatra could also utilize the Hyperloop system.

*Jakarta Soekarno-Hatta International Airport to the city center would take 5 minutes, compared to 30 minutes.

*Jakarta to neighboring Bandung would take 9 minutes, rather than the current 2.5 hours.

*Jakarta to Yogyakarta would take approximately 25 minutes, compared to nearly 10 hours via automobile.

“Indonesia, and Jakarta in particular, is one of the most densely populated areas in the world,” said Mr. Gresta. “With traffic and congestion being such a big issue there, the Hyperloop will be a welcome transformation for the region.”

“We are happy to create this partnership with HTT which will create a positive impact for Indonesia,” said said Dwi Putranto Sulaksono.

Mr. Gresta told journalists that HTT has been in talks with the Ministry of Transportation and Infrastructure about the future of Hyperloop in Indonesia for the past year. The planned feasibility studies are expected to take another three to six months to complete, “then we have 38 months to build it.”

Writer: John Carlo Ottaviani

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