Live Streaming
Program Highlight
Company Profile
Friday, 08 November 2024 08:04
Hungary Backs Indonesia’s Infrastructure Development with Contactless Toll Payment Technology
Written by Daniel
-
font size
decrease font size
increase font size
VOInews, Jakarta: Hungary commended Indonesia’s initiative to adopt contactless payment technology, known as Multi Lane Free Flow (MLFF), for its toll road system. To support the success of this seamless toll payment system, Hungary has invested $300 million USD, equivalent to approximately 4.5 trillion rupiah. This statement was delivered by the Hungarian Ambassador to Indonesia, Lilla Karsay, during the Hungarian Revolution Day reception on Thursday evening (November 7) in Jakarta.
"Hungary is proud to contribute to Indonesia's ambition to the Multi Lane Free Flow electronics top payment system/ our largest ever technology transfer export project and USD 300 million investment," said Ambassador Karsay. She underscored the scale of this export as Hungary’s largest technological venture in Indonesia. It is expected to significantly improve efficiency and accelerate toll payment processes across the country.
Quoting from Public Works and Housing Ministry, MLFF system could help address Indonesia’s notorious tollgate congestion, which has reportedly cost the nation up to IDR 4 trillion each year. By allowing vehicles to pass through toll gates without stopping, the MLFF technology aims to smooth traffic flow and alleviate bottlenecks.
Ambassador Karsay also highlighted the success of the 5th Hunindotech Business Forum, held a day prior on November 6, 2024, in Jakarta. The forum brought together business leaders and experts across various sectors, including education, healthcare, cybersecurity, agrotechnology, and financial technology (fintech), fostering cross-sector collaboration to support Indonesia’s strategic sectors.
"As Hungary currently holds the presidency of the European Union/ we have a unique opportunity to deepen/ the ASEAN-EU relationship with a particular emphasis on Indonesia as a leading ASEAN economy. Our presidency underscores the EU's commitment to strengthening connections with Asia/ fostering trade investment and sustainable development. We see ASEAN and Indonesia in particular as critical partners in ensuring a prosperous and stable global economy."
This partnership reflects Hungary’s strong commitment to actively support Indonesia’s Vision 2045 development goals, also known as the Indonesia Emas (Golden Indonesia) initiative. Through technology transfer and cross-sector collaborations, Hungary hopes to contribute meaningfully to Indonesia’s development, particularly in the infrastructure and technology sectors. (Daniel/VOI)
Published in
Indonesia Today
