KONTAN.CO.ID - JAKARTA. Indonesia has delayed until next month a free trial launch of its $7.3 billion high-speed rail line, the consortium behind it said on Tuesday, the latest in a series of setbacks for the flagship, China-funded project. PT KCIC, a consortium of Indonesian and Chinese state companies behind the 142-kilometre (88-mile) railway connecting the Indonesian capital Jakarta and Bandung city, said more time was needed to ensure passengers' safety and comfort. The project, which is part of China's Belt and Road Initiative, was originally set to be completed by 2019 but has been beset by problems, including a $1.2 billion cost overrun and delays on its commercial operation.
Indonesia Delays China-Funded Rail Project's Trial Run for Passengers
KONTAN.CO.ID - JAKARTA. Indonesia has delayed until next month a free trial launch of its $7.3 billion high-speed rail line, the consortium behind it said on Tuesday, the latest in a series of setbacks for the flagship, China-funded project. PT KCIC, a consortium of Indonesian and Chinese state companies behind the 142-kilometre (88-mile) railway connecting the Indonesian capital Jakarta and Bandung city, said more time was needed to ensure passengers' safety and comfort. The project, which is part of China's Belt and Road Initiative, was originally set to be completed by 2019 but has been beset by problems, including a $1.2 billion cost overrun and delays on its commercial operation.