Not a Grandstand Project
Tuesday, 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 will not provide any guarantees, the clause that assured the Chinese consortium's victory over its rival Japanese bidder.
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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