DPRD Cecar Jakpro About Clarity Of Funds For Formula E Circuit Development, Revealed Sponsors Haven't Entered

JAKARTA - Commission B of the DKI DPRD is questioning the BUMD PT Jakarta Propertindo (Jakpro) regarding the plan to organize Formula E which will be held in five months.

In this commission meeting, it was revealed that Jakpro had not yet held funds for the construction of the Formula E circuit, which was said to have come from sponsors.

Initially, Jakpro's Director of Business Development, Gunung Kartiko, explained that the implementation of the Formula required a cost of Rp. 150 billion. Part of the budget has been used to purchase equipment for the construction needs of the track construction.

"The total track development fund is around Rp. 150 billion. Some of it, around Rp. 70 billion, has been used to buy track equipment since 2019," said Gunung at the DKI DPRD Building, Monday, January 24.

The DPRD again asked about Jakpro's plan to cover the costs for the implementation. Gunung replied, this fund will be obtained from the sponsor.

However, Gunung admitted that currently sponsorship funds to cover the lack of costs for the Formula E event have not yet arrived. He said, no sponsorship agreement has been officially made.

"We will close the plan from sponsorship and partnership. So, we haven't officially opened sponsorship yet. However, verbally, it's a networking approach for those who are interested, although we can't declare (announce) here yet, because there is no black and white yet," he explained. Mountain.

Member of Commission B DPRD DKI Manuarai Siahaan responded to Gunung's explanation. He admitted that he was surprised because it turned out that no funds had been obtained from the sponsors. In fact, the funds are needed to pay for the circuit construction contract to the company that won the tender.

"Earlier I asked, has the money come in yet? You said no. Next week you will determine the winner of the track construction project, but the money is not yet available. I ask again, sir, don't get me wrong. You can't sign the contract if the money isn't available, sir. Please straighten it out," said Manuara.

Gunung replied, for the time being, Jakpro has a bailout of Rp. 50 billion, which comes from their corporate funds. "So, there are corporate funds in cash," said Gunung.

"So, I make sure that around IDR 50 billion to build the track is there? Is it available? Tomorrow we will check the money," said Manuara.