Not a Grandstand Project
President Jokowi may have taken a wrong and dangerous path when he signed, in quick succession, two contradictory regulations that will impact the Jakarta-Bandung rapid rail project.
The first, Presidential Regulation No. 107/2015 on the acceleration of infrastructure and facilities, stipulates that the Rp74 trillion project will be entirely funded by the private sector, in other words by the Indonesia-China Fast Railway Consortium. The government will not provide any guarantees, the clause that assured the Chinese consortium's victory over its rival Japanese bidder.
February 9, 2016
President Jokowi may have taken a wrong and dangerous path when he signed, in quick succession, two contradictory regulations that will impact the Jakarta-Bandung rapid rail project.
The first, Presidential Regulation No. 107/2015 on the acceleration of infrastructure and facilities, stipulates that the Rp74 trillion project will be entirely funded by the private sector, in other words by the Indonesia-China Fast Railway Consortium. The government
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