JAKARTA-BANDUNG HIGH-SPEED RAIL PROJECT: Still in Progress

AT last, State-Owned Enterprises Minister Rini Soemarno made an important announcement early last month on the Jakarta-Bandung High-Speed Rail (HSR): the China Development Bank (CDB) is ready to disburse Rp6-13 trillion for the project this month.

CDB concluded that Kereta Cepat Indonesia China, a consortium of four Indonesian and four Chinese state-owned companies, has met requirements for the loan, one of which being acquisition of 53 percent

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.