Add 1 Million New Connections, PAM Jaya Implements KPBU System

President Director Of PAM Jaya, Arief Nasrudin

JAKARTA - PAM Jaya plans to add 1,092,255 new connections until 2030. This step is an effort to optimize assets and expand clean water distribution networks in Jakarta through the Government and Business Entity Cooperation (KPBU) system. President Director of PAM Jaya, Arief Nasrudin, in that plan requires not a small amount of investment to fund the project. Thus, a business pattern is applied that allows companies not to rely entirely on their own equity or capital. "We use existing assets to access loans, such as the pattern of buying houses with installments. In this way, the company remains in good health, but we can still carry out the necessary projects," said Arief in his statement, Saturday, January 25. Currently, the value of PAM Jaya's assets is estimated to reach IDR 5 trillion, most of which comes from asset acquisitions. This value continues to grow after PAM Jaya took allih water management from two previous partners which was only worth around IDR 3 trillion. With the projection of increasing water connections reaching more than 1 million connections by 2030, PAM Jaya continues to seek funding solutions so that the project can run smoothly without experiencing delays. Arief added, the KPBU system applied is one way for the company to maintain financial stability while ensuring the project can run according to plan.

"This pattern allows us to withdraw funds from third parties without having to overly burden the company's equity," he added. Through this strategy, PAM Jaya hopes to create a more efficient and equitable clean water infrastructure throughout Jakarta, reduce the gap in access to clean water, and support urban growth by providing piping water services to more customers. ) and Tirta Benteng (150 LPS). Then in 2025, it is targeted to be 192,663 connections with an additional supply of up to 2370 LPS from Jatiluhur phase II (1520 LPS), Pesanggrahan (250 LPS) and Buaran III (600 LPS) and continuing gradually until 2030 it can reach 100 percent Jakarta residents per piping water service with 10,92,225 connections.