Jakarta: The budget for the Formula E racing event increased to Rp 360 Billion. It previously stood at Rp 340 Billion.
The Jakarta Legislative Council (DPRD Jakarta) Deputy Speaker Triwisaksana admitted that there was miscalculation in measuring the budget of the racing Event. He explained that the budget was initially converted to rupiah using wrong exchange rate.
“The actual budget for the racing event is actually as much as Rp. 360 Billion. It has been agreed togerther. It will be brought to the upcoming plenary sessio,” Triwisaksana said here on Tuesday, August 13, 2019.
Triwisaksana hopes that DPRD Jakarta can pass the budget next week. He is optimistic that the international event can give major economic impact for Jakarta.
“It can attract tourists to come to Jakarta and can also bring a lot of revenue for the
region,” he explained.
Jakarta Governor Anies Baswedan recently announced that the capital city will hold Formula E event. He made the deal after attending World Cities Summit in Medellin, Colombia.
Formula E is the second most popular racing event after Formula 1. The tournament requires and encourages the use of electricity and is held in public main roads. (Translator: Muhammad Gestinev)