The Jakarta-Surabaya High-Speed Train Debt Trap
The government plans to continue the fast-train project to Surabaya. This is a debt trap staring us in the face.
Tempo
November 13, 2023
THE hasty move by the government to begin a joint study with China into the extension of the Jakarta-Bandung high-speed train to Surabaya is very concerning. President Joko Widodo is ignoring the potential danger of a debt trap that could become a huge problem for Indonesia.
The government signed an agreement for a joint study at the Belt and Road International Corporation Summit in Beijing, China, in the middle of October. A number of developin
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