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Debt Takeover as Whoosh Rescue Scheme

Monday, September 1, 2025

The Whoosh high-speed rail project is eroding the profits of several state-owned companies. A plan is now on the table to transfer its infrastructure and debt burden to the government.

arsip tempo : 177632821914.

Illustration. Tempo/Alvin Siregar. tempo : 177632821914.

ON the morning of Wednesday, August 27, 2025, a small group of people in white shirts embroidered with the words Kereta Cepat Indonesia China—Indonesia-China High-Speed Train—sat tucked away in a corner of The Gade café, on the ground floor of the Coordinating Ministry for Infrastructure and Regional Development in Central Jakarta. Among them was Dwiyana Slamet Riyadi, the Chief Executive Officer (CEO) of Kereta Cepat Indo

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Khairul Anam

Caesar Akbar contributed to the writing of this article. 

PT KAI Indonesia Fast Train PT Kereta Cepat Indonesia China (KCIC) Jabodebek LRT debt burden
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