By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: Indonesia Delays Launch of China-backed High-Speed Railway
Share
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Finance > Indonesia Delays Launch of China-backed High-Speed Railway
Finance

Indonesia Delays Launch of China-backed High-Speed Railway

Last updated: 2023/08/09 at 3:57 AM
Share
5 Min Read
Indonesia Delays Launch of China-backed High-Speed Railway
SHARE

ASEAN Beat | Economic system | Southeast Asia

The smooth launch of the railway, Southeast Asia’s first high-speed line, has been pushed again from August 18 till early September.

A prepare engine rolls previous a mannequin of a high-speed prepare displayed on the building website of a Jakarta-Bandung high-speed railway station in Tegalluar, West Java, Indonesia, Thursday, Oct. 13, 2022.

Credit score: AP Photograph/Dita Alangkara, File

Commercial

The launch of Indonesia’s China-backed high-speed railway has been delayed by a number of weeks in order that the consortium that’s constructing the challenge can run some remaining security exams, it introduced yesterday.

In line with a report by BenarNews, the restricted trial launch of the Jakarta-Bandung high-speed prepare service was set for August 18. This has now been pushed again till early September, as a result of extra time was wanted for the secure operation of the trains, that are able to operating at as much as 385 kilometers per hour.

“As the primary high-speed rail hyperlink in ASEAN, working the prepare requires very cautious preparation. All facets will probably be ready correctly to prioritize buyer security,” Eva Chairunisa, spokesperson for the Indonesian-Chinese language consortium PT Kereta Cepat Indonesia China (KCIC), said in a statement yesterday, in accordance with the Jakarta Put up.

“Each side will probably be well-prepared, with a major give attention to security and luxury for the high-speed prepare passengers,” said the statement from KCIC, which is made up of 4 state-owned Indonesian firms and the China Railway Worldwide Co. Ltd.

“The trial of amenities and infrastructure has been carried out efficiently. At the moment, KCIC can also be guaranteeing that each one supporting operational parts will operate correctly when the prepare is operational.” In separate feedback to BenarNews, Chairunisa stated that there will probably be no delay within the full operational launch, which is scheduled for October 1.

See also  Hainan Airlines hands out Rokid AR glasses for in-flight entertainment

Having fun with this text? Click on right here to subscribe for full entry. Simply $5 a month.

The 142-kilometer rail line is about to hyperlink the capital Jakarta to the town of Bandung in West Java, significantly easing congestion alongside one of the densely-populated journey corridors on this planet. The road additionally has the excellence of being the primary high-speed railway in Southeast Asia; the China-backed railway in Laos, which started operations in late 2021, is also known as high-speed, however has a most prime pace of 160 kilometers per hour.

This minor delay comes after a sequence of delays and value overruns which have slowed the challenge since its inception in 2015. On the time, the challenge was initially slated to be accomplished by 2019, at a value $5.5 billion. That has since elevated significantly as a consequence of largely predictable elements involving issues in land acquisition.

In 2021, President Joko “Jokowi” Widodo introduced that his authorities would use the state funds to cowl the surplus prices of the challenge, overriding a 2015 decree that barred using state funds within the building of the railway. In February, the Indonesian and Chinese language governments in Beijing agreed on a value overrun of 18 trillion rupiah (round $1.2 billion), down from the greater than $2 billion beforehand anticipated.

Commercial

Regardless of the commonly destructive tone of the media protection of the challenge – and there are various respectable questions in regards to the challenge’s design and implementation – the completion of the Jakarta-Bandung railway will mark each a milestone for China’s Belt and Highway Initiative in Southeast Asia and for Jokowi’s two phrases in workplace, throughout which period he has prioritized the advance of Indonesia’s infrastructure.

See also  BYD’s New $233,450 EV Supercar to Rival Ferrari, Lamborghini

You Might Also Like

What Is One of the Best Tech Stocks to Hold for the Next 10 Years?

Who Comes Out on Top, XLP or VDC?

Netflix Doubled Your Money in 12 Months After Years of Lagging the Market

Want Safe Dividend Income in 2025 and Beyond? Invest in the Following 2 Ultra-High-Yield Stocks.

Best high-yield savings interest rates today, December 5, 2025 (up to 4.3% APY return)

TAGGED: Chinabacked, delays, HighSpeed, Indonesia, Launch, Railway

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article Women’s World Cup Power Rankings: USWNT stumble as Japan, Netherlands and Sweden look like contenders
Next Article China consumer prices fall first time in 2 years, deflation fears grow China consumer prices fall first time in 2 years, deflation fears grow

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

No. 10 Iowa State hands No. 1 Purdue record-tying blowout defeat at Mackey Arena
Sports December 6, 2025
Here's What To Know As Lawmakers Reveal New Details On U.S. Boat Strikes
Here’s What To Know As Lawmakers Reveal New Details On U.S. Boat Strikes
World News December 6, 2025
What Is One of the Best Tech Stocks to Hold for the Next 10 Years?
What Is One of the Best Tech Stocks to Hold for the Next 10 Years?
Finance December 6, 2025
FIFA World Cup full schedule: When USMNT, Argentina, Brazil play
Sports December 6, 2025
R13 Pre-Fall 2026 Collection | Vogue
Fashion December 6, 2025
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Sitemap

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!


24x7Report24x7Report
Follow US

Copyright © 2025 Adways VC India Private Limited

Welcome Back!

Sign in to your account

Lost your password?