Jakarta – Development project Jakarta-Bandung High Speed Train experiencing cost overruns. The Indonesian government was finally asked to participate in financing the swelling. The Chinese side working together to build fast car has requested that the swelling project be immediately financed by Indonesia. Then, will the government pay for the swelling of the high-speed train? … Read more
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KOMPAS.com – China The Development Bank (CDB) asked the Indonesian government to share in the cost of the Jakarta-Bandung High-Speed Train (KCJB) project. This is in line with the occurrence of excess costs or cost overrun in the construction of the high-speed rail project. The Jakarta-Bandung high-speed rail project is experiencing cost overrun to US$8 … Read more
Jakarta – SOE Minister Erick Thohir has been outspoken about the injection of State Equity Participation (PMN) of Rp 4.1 trillion for PT KAI (Persero). The PMN for PT KAI was protested by several factions of Commission VI. The PKS faction unanimously disagreed and asked the PMN for PT KAI to be postponed. Meanwhile the … Read more
Jakarta – Final figures for cost overruns or cost overruns in the project Jakarta-Bandung high-speed train expected to come out in the near future. The cost of the project is currently under review by the Financial and Development Supervisory Agency (BPKP). “This week it should have been final at BPKP, because with the Ministry of … Read more
The process of launching the girder into one of the tunnels for the Jakarta-Bandung High Speed Train. Economist Faisal Basri called the project a waste and will not return the investment until doomsday (14/10/2021) (Source: KCIC) JAKARTA, KOMPAS.TV – Deputy Speaker of the Indonesian House of Representatives, Rachmat Gobel, criticized the government’s policy of disbursing … Read more
Jakarta – The Jakarta-Bandung High Speed Rail (KCJB) project is being accelerated. Starting from the construction of tunnels, bridges and stations continue to be pursued. Later, KCJB will be served by 4 stations on a 142 Km line, namely Halim, Karawang, Padalarang and Tegalluar stations. Along with the development of physical infrastructure, the production of … Read more
Jakarta – The Indonesia-China Fast Train (KCIC) Jakarta-Bandung project also received the attention of the former Secretary of the Ministry of SOEs, Said Didu. He said the project was a ‘trap’ from China. “The China-Jakarta-Bandung high-speed rail project trap is China’s entry point for the annexation of strategic infrastructure in Indonesia,” Said said via his … Read more
Jakarta – Former Secretary of the Ministry of SOEs, Said Didu, also highlighted the Jakarta-Bandung high-speed train project for Indonesia China (KCIC). He said the project was not feasible and became a Chinese trap. “I see the project is not feasible and certainly will not return the capital, it is certain. If the project is … Read more
Jakarta – PT Kereta Api Indonesia China (KCIC) opens its voice regarding the construction costs Jakarta-Bandung high-speed train (KCJB), which swelled from US$ 5.573 billion at the start of construction in 2016, to US$ 7.97 billion. Swelling of costs has occurred several times. PT KCIC Corporate Secretary Mirza Soraya explained that the issue was still … Read more