MRT Jakarta

What MRT Jakarta does

MRT Jakarta (legal entity PT MRT Jakarta (Perseroda)) is a regional government-owned enterprise (BUMD) wholly owned by the Jakarta Provincial Government, established in 2015 to develop and operate mass rapid transit in Jakarta, Indonesia. The company operates an automated fare collection system integrated with contactless payment technologies (Europay Mastercard Visa (EMV) tap-to-pay cards, GoPay digital wallet, and reloadable MRT cards) across 13 operational stations on the North-South Line Phase 1, running from Bundaran HI Bank Jakarta to Lebak Bulus Bank Syariah Indonesia with 5-10 minute headways and operating hours of 05:00-24:00. The network serves urban Jakarta commuters, MSME vendors, students, and tourists, and is currently extending through Phase 2A (underground, including the Monas station at approximately 93% completion) while planning the 30-kilometer East-West Line Phase 1 Kembangan-Balaraja in cooperation with Banten Province and Paramount Land.

MRT Jakarta's business model combines distance-based transit fares with diversified non-fare revenue streams. Transit-Oriented Development (TOD) commercial zones — notably the Dukuh Atas Transport Hub (Rp245 billion invested, ~Rp30 billion annual revenue from a land lease with Perumda Pasar Jaya) and the Blok M Hub Gojek partnership with GoTo — generate commercial income through KLB bonus contributions and private-sector partnerships without relying on the Regional Budget (APBD). Station naming rights with major Indonesian and international brands (Visa, Mastercard, BCA, Bank Mandiri, Bank BNI, Bank Jakarta, Bank Syariah Indonesia, Indomaret, Astra, TUKU) provide recurring branding income, while technology partnerships with Hitachi Rail, Softorb Technology Indonesia, and GOERS extend capabilities into enhanced fare collection and digital venue management. Customer segments include Jakarta urban commuters (primary), business tenants and commercial partners (TOD), students (educational programs such as Edu Wisata, MRT Goes To School, Kunjungan Publik), and tourists, with horizontal segmentation across use cases. MRT Jakarta employs 501-1,000 staff and is headquartered at Wisma Nusantara Lt. 21, Jalan MH Thamrin 59, Jakarta.

Name

MRT Jakarta

Legal name

PT MRT Jakarta (Perseroda)

Website

https://jakartamrt.co.id

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

MRT Jakarta (PT MRT Jakarta (Perseroda)) operates Jakarta's mass rapid transit system across 13 North-South Line Phase 1 stations and is expanding via Phase 2A and the 30 km East-West Line. It serves urban commuters, MSME vendors, students, and tourists through fare-based transit, TOD commercial hubs, and station naming rights.

Ownership category

akta.pro rank

Product category

Urban Mass Transit

NAICS

Urban Transit Systems (4851), Mixed Mode Transit Systems (485111)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Automated People Mover (APM) Operators (Airport/Campus) (TLAFAEAE)

akta.pro secondary industry

Airport/Seaport Shuttle & Landside Connector Services (TLAFAJAE)

Keywords

• Mass rapid transit
• Urban rail services
• Public transportation
• Transit oriented development
• Railway infrastructure

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Transit Fares: MRT Jakarta generates primary revenue from passenger fares for transit services on the North-South Line Phase 1 (Bundaran HI to Lebak Bulus) and expanding network through Phase 2A. Fares are distance-based with standard operations from 05:00-24:00 with 5-minute intervals during peak hours.
2. Transit-Oriented Development (TOD) Commercial Revenue: Revenue from TOD commercial zones developed through alternative financing mechanisms including floor area ratio (KLB) bonus contributions, direct investments, and private-sector partnerships. The Dukuh Atas Transport Hub generates approximately Rp30 billion in annual revenue from land lease arrangements.
3. Station Naming Rights: Naming rights partnerships with corporate sponsors for station branding including Bank Jakarta (Bundaran HI), BCA (Blok M), Mastercard (Senayan), Visa (Blok A), Mandiri (Istora), BNI (Dukuh Atas), Fatmawati (Indomaret), and others, creating recurring branding revenue.
4. Digital Payment Integration Services: Revenue through partnerships with digital payment providers (GoPay, contactless credit cards) for MRT ticket transactions and merchant payments at TOD commercial areas, taking transaction fees on digital payment flows.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

MRT Jakarta operates the primary mass rapid transit system in Jakarta, Indonesia, currently running the North-South Line Phase 1 with 13 stations from Bundaran HI Bank Jakarta to Lebak Bulus Bank Syariah Indonesia. The company also develops transit-oriented commercial real estate at major stations (Dukuh Atas Transport Hub, Blok M Hub), supports multi-modal integration with KAI/LRT Jabodebek services, and provides digital payment options including EMV contactless credit cards and GoPay wallet integration for ticket purchases.

Product overview

MRT Jakarta operates a unified mass rapid transit system in Jakarta, Indonesia, comprising the operational North-South Line Phase 1 with 13 stations (Bundaran HI Bank Jakarta to Lebak Bulus Bank Syariah Indonesia), the under-construction Phase 2A underground extension to Kota (including Monas station at ~93% completion), and the planned East-West Line Phase 1 Kembangan-Balaraja spanning ~30 km with 14 stations. MRT Jakarta's business portfolio also includes transit-oriented development (TOD) commercial zones — Dukuh Atas Transport Hub, Dukuh Atas Pedestrian Bridge, and Blok M Hub Gojek — funded through floor area ratio bonuses, private-sector partnerships, and direct investments without regional budget support. Core digital offerings encompass digital payment integration (contactless EMV credit cards and GoPay), business services at MRT stations and TOD zones (Bisnis MRT Jakarta platform), customer support via the help center and contact services, and public programs including Edu Wisata, Kunjungan Publik, MRT Goes To School, and MRTJ Learning. MRT Jakarta Phase 3 and Phase 4 expansions are being developed with Singapore investment invitation extended for these future phases.

Differentiator

Problem solved

Functional benefit

Products and services

• MRT Jakarta North-South Line Phase 1 Operational elevated and underground MRT rail system running along Jakarta's North-South corridor from Bundaran HI Bank Jakarta to Lebak Bulus Bank Syariah Indonesia, serving 13 stations across approximately 16 kilometers with operating hours 05:00-24:00 and 5-10 minute headways.
• MRT Jakarta Phase 2A North-South Line Underground station extension of the North-South MRT line from Bundaran HI to Kota, featuring stations including the Monas station at approximately 93% completion, designed as a National Strategic Project extending the line roughly 3 kilometers north beneath a protected cultural heritage site.
• MRT East-West Line Phase 1 Kembangan-Balaraja Planned elevated MRT corridor spanning approximately 30 kilometers with 14 stations and one elevated depot in Balaraja, designed as a National Strategic Project to ease congestion and strengthen regional economic ecosystems between Jakarta and Banten provinces.
• Dukuh Atas Transport Hub Multi-modal transport hub developed via land lease with Perumda Pasar Jaya at an investment of Rp245 billion, generating approximately Rp30 billion in annual revenue, part of MRT Jakarta's transit-oriented development commercial zones integrating MRT, KAI, and Jabodebek LRT operations.
• Blok M Hub Gojek TOD Transit Oriented Development model at Blok M integrating MRT Jakarta with GoTo's digital ecosystem - GoRide/GoCar for transportation access, GoFood for MSME visibility, and GoPay for digital payments on MRT tickets and merchant transactions.
• TOD Commercial Zones Transit-Oriented Development commercial zones funded through alternative financing mechanisms including floor area ratio (KLB) bonus contributions, direct investments, and private-sector partnerships without relying on the Regional Budget (APBD), providing commercial space for retail and MSME tenants at MRT stations.
• Bisnis MRT Jakarta (Business Services) Commercial and business services platform for MRT Jakarta, providing retail tenant management, rent information, and business development at MRT stations and TOD zones.
• Station Naming Rights Partnerships Station naming rights licensing partnerships with corporate sponsors for station branding including Bank Jakarta (Bundaran HI), BCA (Blok M), Mastercard (Senayan), Visa (Blok A), Bank Mandiri (Istora), BNI (Dukuh Atas), Bank Syariah Indonesia (Lebak Bulus), Indomaret (Fatmawati), Astra (Setiabudi), and TUKU (Cipete Raya), creating recurring branding revenue.
• MRT Jakarta Station Network Network of 13 operational MRT stations along the North-South Line Phase 1 with passenger amenities: Bundaran HI Bank Jakarta, Setiabudi Astra, Bendungan Hilir, Istora Mandiri, Senayan Mastercard, ASEAN Headquarter, Blok M BCA, Blok A Visa, Haji Nawi, Cipete Raya TUKU, Fatmawati Indomaret, Lebak Bulus Bank Syariah Indonesia.

Quantifiable outcome

• Serving 4,173,621 passengers in November 2025 with daily average of 139,121 riders
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

16 partnerships are on record, tiered core, flagship and minor.

• Perumda Pasar JayacoreStrategic or Co-development Partner · 31 July 2026Land lease partnership for Dukuh Atas Transport Hub development. MRT Jakarta developed the transport hub via land lease arrangement with Perumda Pasar Jaya at an investment of Rp245 billion, generating approximately Rp30 billion in annual revenue. The partnership enables TOD commercial zone development without Regional Budget (APBD) funding.
• PT Kereta Api Indonesia (KAI)coreStrategic or Co-development Partner · 31 July 2026Joint construction of Dukuh Atas Multi-Purpose Pedestrian Bridge to support Jabodebek LRT operations. The partnership enables integration between MRT services and KAI's light rail transit operations, creating a multimodal transportation hub.
• GoTo Gojek Tokopedia TbKcoreTechnology or Integration · 10 February 2026Launched Blok M Hub Gojek, a Transit-Oriented Development model integrating public transportation with digital platforms. Operating on three pillars: enhanced transportation access via GoRide and GoCar services, increased MSME visibility through GoFood app curation and dine-in vouchers, and seamless digital payments using GoPay for MRT tickets and merchant transactions.
• Paramount LandflagshipStrategic or Co-development Partner · 4 February 2026Cooperation agreement for development of Kembangan-Balaraja MRT East-West corridor signed at Jakarta City Hall. National Strategic Project spanning approximately 30 kilometers with 14 stations and one elevated depot in Balaraja, representing historic collaboration between Jakarta and Banten provincial governments.
• World Resources Institute (WRI) IndonesiacoreStrategic or Co-development PartnerCooperation agreement signed between PT MRT Jakarta and WRI Indonesia for sustainable urban mobility development and transit-oriented development expertise, supporting Jakarta's TOD development agenda.
• Hitachi Rail Hong Kong Limited and PT Softorb Technology Indonesia (CHS)coreTechnology or IntegrationAgreement for enhanced automatic fare collection services for Phase 1 North-South Line. Consortium partners will improve automated fare collection system capabilities, enabling better payment integration and passenger service.
• VisacoreGTM or Marketing PartnerNaming rights partnership for Blok A station (Stasiun Blok A Visa). Visa branding rights at MRT station creating visibility and brand association with Jakarta's modern transit system.
• Bank BCAcoreGTM or Marketing PartnerNaming rights for Blok M BCA station, one of the major stations on the North-South Line serving the Blok M commercial area.
• Bank MandiricoreGTM or Marketing PartnerNaming rights for Istora Mandiri station near Jakarta's sports and convention venue.
• Bank BNIcoreGTM or Marketing PartnerNaming rights for Dukuh Atas BNI station at the multimodal Dukuh Atas transport hub.
• Bank JakartacoreGTM or Marketing PartnerNaming rights for Bundaran HI Bank Jakarta station, the terminus of Phase 1 North-South Line in Central Jakarta.
• MastercardcoreGTM or Marketing PartnerNaming rights for Senayan Mastercard station near Jakarta's business district and government offices.
• Bank Syariah IndonesiacoreGTM or Marketing PartnerNaming rights for Lebak Bulus Bank Syariah Indonesia station, the southern terminus of Phase 1 North-South Line.
• IndomaretminorGTM or Marketing PartnerNaming rights for Fatmawati Indomaret station on the Fatmawati corridor.
• AstraminorGTM or Marketing PartnerNaming rights for Setiabudi Astra station in the Setiabudi business district.
• TUKUminorGTM or Marketing PartnerNaming rights for Cipete Raya TUKU station in the Cipete area.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SMRT Corporation: Singapore's leading multi-modal public transport operator running the Mass Rapid Transit (MRT) network alongside buses and taxis. Highly comparable urban metro operator with strong non-fare revenue from retail and advertising inside stations, similar revenue diversification model to MRT Jakarta's TOD approach.
• BTS Group Holdings: Operates the BTS Skytrain in Bangkok and develops transit-oriented commercial real estate around stations. Closest regional peer to MRT Jakarta's combination of urban rail operations with TOD-driven non-fare revenue.
• SBS Transit: Operates the North East Line and Downtown Line of Singapore's MRT system plus a large public bus network. Comparable urban rail/metro operator in a similar Southeast Asian mega-city context, with overlapping regulatory and ridership dynamics.
• Mass Rapid Transit Corporation (MRT Corp Malaysia): Developer and asset owner of Malaysia's Klang Valley MRT lines (Sungai Buloh–Kajang, Putrajaya Line). Directly comparable as a national strategic urban rail developer in a Southeast Asian mega-city, with similar phased build-out and government ownership model.
• Prasarana Malaysia Berhad: Government-linked operator of Malaysia's urban rail networks including LRT, monorail and MRT feeder buses under the Rapid Rail brand. Directly comparable as a state-owned multimodal transit operator with operations focused on commuter volume rather than fare profitability.

Broad incumbents

• MTR Corporation: Hong Kong's flagship metro operator widely regarded as the global benchmark for transit-oriented development and rail-plus-property commercial model. Comparable as a global incumbent that pioneered the TOD revenue mix MRT Jakarta is now adopting.

Regional players

• PT LRT Jakarta: Operator of Jakarta's light rail transit (LRT) within the same Jabodetabek market, providing parallel urban rail service. Functions as a direct same-market complement (and partial competitor) to MRT Jakarta's higher-capacity metro system.
• PT Kereta Api Indonesia (KAI): Indonesia's state-owned national railway operator running KAI Commuterline (Jabodebek) and inter-city rail. Operates in Jakarta with overlapping commuter corridors through the Dukuh Atas integration partnership and joint pedestrian bridge build.

Others

• Land Transport Authority (LTA) Singapore: Singapore's government agency planning and procuring the MRT network (via SMRT/SBS), setting fares and integrating multi-modal ticketing. Comparable as a regulator and ecosystem orchestrator whose policies shape ridership and TOD outcomes for MRT Jakarta.

Emerging players

• Land and Houses (LH) / Bangkok Land-related TOD developers: Large Thai property developer partnering on TOD-style mixed-use projects near BTS stations. Comparable as a private-sector partner replicating the joint TOD model that MRT Jakarta deploys alongside partners such as Paramount Land.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mrtjakarta
• LinkedInlinkedin.com/company/pt.-mrt-jakarta
• Instagraminstagram.com/mrtjakarta
• Facebookfacebook.com/MRTJakarta
• YouTubeyoutube.com/channel/UCZ5L5YJ5K5K5K5K5K5K5K5A

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MRT Jakarta