KONTAN.CO.ID - TEGALLUAR. A high-speed railway project in Indonesia, part of China's Belt and Road Initiative, is on track for a 2023 launch despite ongoing negotiations between the two countries about the project being over-budget, officials said on Thursday. President Joko Widodo inspected a new train station, where the consortium building the railway, PT KCIC, displayed a stationary China-made bullet train on the tracks. The 142-km line will connect the capital Jakarta with one of the country's largest cities, Bandung. "This will be the first high-speed rail in ASEAN and we hope this will increase connectivity between countries, whether this (the railway) will be connected further to an airport or other high-speed railways," he said, referring to the Association of South East Asian Nations.
Indonesia's China-Funded Rail Project on Track Despite Cost Overrun
KONTAN.CO.ID - TEGALLUAR. A high-speed railway project in Indonesia, part of China's Belt and Road Initiative, is on track for a 2023 launch despite ongoing negotiations between the two countries about the project being over-budget, officials said on Thursday. President Joko Widodo inspected a new train station, where the consortium building the railway, PT KCIC, displayed a stationary China-made bullet train on the tracks. The 142-km line will connect the capital Jakarta with one of the country's largest cities, Bandung. "This will be the first high-speed rail in ASEAN and we hope this will increase connectivity between countries, whether this (the railway) will be connected further to an airport or other high-speed railways," he said, referring to the Association of South East Asian Nations.