The launch of a Chinese-funded rail project in Indonesia is delayed due to safety concerns. The $7.3 billion 88-mile (142 km) train line between the Indonesian Capital City Jakarta and Bandung is part ...
Five years ago, Indonesian President Joko “Jokowi” Widodo awarded the $5.5 billion Jakarta-Bandung High Speed Rail project to a company from China. At the time, the project was hailed as a major win ...
The Indonesian consortium that controls 60% of the route inaugurated two years ago recorded losses of over 0 million in 2024. This year, losses are expected to increase further. The project is part of ...
Indonesia will use the state budget to repay about $7 billion in debt for the Jakarta–Bandung Whoosh high-speed rail project.
Indonesia has yet to decide how to settle about $7 billion in Whoosh rail debt, with no presidential approval for state funding so far.
State Secretary Minister Prasetyo Hadi said technical discussions on the repayment mechanism are still underway, with ...
JAKARTA, Indonesia--(BUSINESS WIRE)--The Jakarta-Bandung High-Speed Railway (HSR), which connects Indonesia's capital Jakarta and its fourth-largest city Bandung, is a landmark project under the China ...