Commitment Fee Payment Obligation For 5 Years Of Formula E DKI And Repayment Plan From Sponsor

JAKARTA - DKI Jakarta Governor Anies Baswedan is required to pay a commitment fee for Formula E for 5 years. The problem is, Anies must pay off the commitment fee before the end of his term of office.

Seeing the condition of the APBD which is a bit "suffocated" due to the COVID-19 pandemic, Deputy Governor of DKI Jakarta Ahmad Riza Patria admitted that his party will look for sources of funds other than the APBD, namely in the form of sponsors from the private sector.

Currently, the DKI Provincial Government has disbursed the APBD of almost Rp. 1 trillion. In detail, the payment of a commitment fee for 2 terms paid in 2019 was 20 million pounds sterling or equivalent to Rp360 billion, a term 1 commitment fee in 2020 was 11 million pounds sterling or equivalent to Rp200 billion, and a bank guarantee of 22 million pounds sterling or Rp423 billion.

Until finally, the payment of the commitment fee was postponed by Anies due to the COVID-19 pandemic. However, Anies still has to pay the Formula E commitment fee in term 2 2020, the 2022/2023 session 26.6 million pounds sterling, and the 2023/2024 session 29.2 million pounds sterling.

"Later on, the program will not only be charged to the APBD. In fact, it will be borne by the private sector, by the sponsor," Riza said on Tuesday, September 14.

However, he considers that the commitment fee payment for 5 years of Formula E implementation does not have to be repaid in the near future. It is possible, said Riza, that the commitment fee could be paid by the sponsor if Formula E was held in 2022.

"It will be paid off later, in the following years. Does it all have to be paid off this year? No," he said.

Similarly, the chairman of the PKS faction of the DKI DPRD, Achmad Yani, also revealed that the budget for the implementation of Formula E in the future will no longer use the APBD. DKI will follow the recommendation of the Supreme Audit Agency (BPK) to seek sponsorship from the private sector.

"Actually, there is no problem. So, in the future, the implementation of Formula E to pay the commitment fee will not use the APBD anymore. According to the BPK's recommendation, PT Jakpro has asked PT Jakpro to look for sponsors," Yani told VOI.

Considering that the pandemic situation is still ongoing, Yani said Anies plans to pay off the unpaid expenses for organizing Formula E, which will be borne by third parties or the private sector.

Therefore, Yani asked the public not to worry about the size of the Formula E budget.

"There are a lot of people who don't understand the problem of formula E. So, people shout as if everything is using the APBD," said Yani.

Yani said he was optimistic that DKI could get a sponsor so that Formula E could be implemented. Because, he considers that there will be many benefits that can be achieved by Jakarta, both from an economic and social perspective.

"This can raise Jakarta and Indonesia on a world level. There are many benefits, there are also multi effects, such as many participants who come, so that hotels and tourist attractions can sell. The economy is also stretched," he concluded.