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Ready? Hyperloop firm eyes Indonesia for ultra-fast transport system

Ready? Hyperloop firm eyes Indonesia for ultra-fast transport system

Hyperloop Transportation Technologies (HTT), one of the companies developing the futuristic transport service dreamed up by billionaire Elon Musk, said it was exploring Indonesia as a potential site to put one of its tracks.

The so-called "feasibility study" contract is worth $2.5 million and will look into whether a hyperloop system would work initially in the capital Jakarta, and then connecting Java and Sumatra.

A hyperloop would work by propelling pods through a large tube at speeds of 750 mph using magnets. It is seen as a solution to long distance travel, but also alleviating congestion in many cities. Jakarta is the world's third-worst city for traffic, according to a study by navigation from TomTom released earlier this year.

Source: Hyperloop Transportation Technologies A rendering of a Hyperloop by Hyperloop Transportation Technologies
Source: Hyperloop Transportation Technologies A rendering of a Hyperloop by Hyperloop Transportation Technologies

"Indonesia, and Jakarta in particular, is one of the most densely populated areas in the world," HTT Chairman Bibop Gresta said.

"With traffic and congestion being such a big issue there, the Hyperloop will be a welcome transformation for the region."

HTT said that a hyperloop journey from Jakarata to Yogyakarta would take approximately 25 minutes, compared to nearly 10 hours via car.

The feasibility study in Indonesia comes on the back of a number of other key agreements globally for HTT, including looking into a track between Bratislava, Slovakia and Brno and Prague in the Czech Republic. HTT has also been exploring the possibility of a hyperloop in Abu Dhabi.

CNBC.com

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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