Executive Summary

Key insights and market outlook

PT Adhi Karya (ADHI) has responded to Jakarta Governor Pramono Anung's plan to demolish monorail poles, stating that no agreement has been reached regarding the demolition and compensation. The company and Jakarta Provincial Government are still in discussions about the matter. The monorail poles along Jalan Rasuna Said and Asia Afrika are legally recognized as Adhi Karya's assets based on a court ruling and legal opinion ¹

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Full Analysis

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Deep Dive Analysis

Adhi Karya Addresses Jakarta Monorail Pole Demolition Plans

Ongoing Discussions with Jakarta Government

PT Adhi Karya (Persero) Tbk (ADHI) has clarified that there is currently no formal agreement regarding the planned demolition of monorail poles in Jakarta, as announced by Governor Pramono Anung ¹

. The company's Corporate Secretary, Rozi Sparta, confirmed that discussions between ADHI and the Jakarta Provincial Government are still ongoing.

Legal Status of Monorail Infrastructure

The monorail poles in question, located along Jalan Rasuna Said and Jalan Asia Afrika, are legally recognized as Adhi Karya's assets. This status is based on Court Decision No. 296/Pdt.G/2012/PN.JKT.Sel dated October 22, 2012, and a legal opinion from the State Attorney's Office No. B.354/G/Gph.1/08/2017 dated August 16, 2017 ¹

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Current Status and Next Steps

As of now, there is no agreement on compensation for the demolition of the monorail infrastructure. Rozi Sparta emphasized that negotiations between ADHI and the Jakarta government are still in progress. The planned demolition is set to occur in the third week of January 2026, as announced by Governor Pramono Anung ¹

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