REPUBLIKA.CO.ID, JAKARTA - Several listed transportation company recorded good performance in the first quarter of 2013 and draws attention from investors throughout the year. 

One of largest taxi company in Indonesia, PT Express Transindo prepared 500 billion IDR as capital expenditure in 2013 and has absorbed 25 percent untill third quarter of the year. Finance Director of Express Transindo, David Santoso said that his company had purchased 500 new cars. 

"Totally, we had operated 8.500 cars in Jakarta, Depok, Tangerang and Bekasi," Santoso said on Thursday. The company planned to add 2,000 new cars during 2013. Santoso said that his company had borrowed from Bank Central Asia to pay 50 percent of new cars.

Analyst of Recapital Securites, Agustini Hamid said ttransport companies showed promising growth this year. National flag carrier, PT Garuda Indonesia grew by 12.15 percent, while Express Transindo recorded revenue growth by 53 percent in the first quarter of 2013. "Aircraft and ground transportation industry still recorded a positive result," she said. 

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