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Search result with “Indonesia Railway Project” as a keyword founded 97 news.
Flooding Hits Jakarta, Disrupts Rail Services Along Northern Java
... cancellations on Sunday. Several railway lines along Java’s northern ... rail operator Kereta Api Indonesia cancelled multiple long- and ... begun a weather modification project aimed at reducing rainfall ... across three flights. The project is scheduled to continue ...News Jan 18, 2026 | 10:13 pm
Xinhua Report Showcases Five Years of Accelerating China-ASEAN Integration
... Presidential Press Bureau) One flagship project cited is Midea’s air ... Southeast Asia. Read More: Indonesia Secures $2.2B Investment Commitments from ... infrastructure projects highlighted include Indonesia’s first high-speed railway linking Jakarta and ...Business Dec 12, 2025 | 6:51 pm
Parliament Pulls Danantara, Patriot Bond Bills From Priority List
... is notable given that Danantara, Indonesia’s long-anticipated state investment superholding ... Indonesia’s hefty debt from the $7.3 billion Jakarta–Bandung high-speed rail project ... superholding hold stakes in the railway, which has carried at least ...Business Nov 27, 2025 | 2:32 pm
Danantara Drafts China Train Debt Proposal Ahead of Beijing Talks
... Whoosh project. Indonesian consortium PSBI holds a 60 percent stake in KCIC. Railway ... operator Kereta Api Indonesia is the majority shareholder ... best solution for maintaining the project’s viability,” Danantara’s chief operating ...Business Nov 26, 2025 | 2:43 pm
Danantara’s Role in Whoosh Debt Restructuring Boosts Investor Trust, Economist Says
... with Danantara in resolving the project’s debt marks a major policy ... infrastructure portion, while state railway operator Kereta Api Indonesia (KAI), under Danantara ... Whoosh Project Loans Toto also welcomed the recent agreement between Indonesia and ...Business Nov 13, 2025 | 2:09 pm
PTPP Plans $101.6 Million Divestment to Refocus on Core Business
... 142,180 shares, in Celebes Railway Indonesia to Solra Energi Terbarukan for ... hold any shares in Celebes Railway Indonesia. Both divestment plans will ... emphasizes improving operational efficiency, enhancing project quality, and realigning investment portfolios ...Business Nov 12, 2025 | 5:23 pm
KAI Says Extending Whoosh Train to Banyuwangi Isn’t A Pipe Dream
... percent stake in PSBI. The project has been making headlines over ... can have a high-speed railway, but Indonesia has it,” Bobby said, while ... costs. The project, however, registered $1.2 billion cost overruns. Indonesia has entered talks ...Business Nov 12, 2025 | 3:58 pm
Indonesia Mulls Repaying Whoosh Debt With Seized Corruption Funds
... assume responsibility for the project’s remaining debt and ... alleged schemes in the project’s land acquisition process, ... the high-speed rail project at drastically higher prices ... railway’s financing and governance as a national priority and a test of Indonesia ...Business Nov 10, 2025 | 11:00 pm
KPK: President’s Support for Whoosh Doesn’t Interfere With Corruption Investigation
... Jakarta–Bandung high-speed rail project, known as Whoosh, ... alleged corruption in the project. KPK spokesman Budi Prasetyo ... preliminary stage. The Whoosh project has become a hot topic ... even assured the state railway operator Kereta Api Indonesia (KAI) -- the ...News Nov 6, 2025 | 9:06 pm
Gov't to Share Whoosh Financial Burden as Project Struggles with China Loan Repayments
... 27 billion high-speed rail project was financed primarily through a ... full ownership of the Whoosh project -- along with its liabilities ... project’s debt. Whoosh is managed by Kereta Cepat Indonesia– ... -speed railway. KCIC is 60 percent owned by Indonesia’s Pilar ...Business Nov 5, 2025 | 11:29 pm
Indonesia Plans Major Rail Expansion Outside Java Under Prabowo’s Infrastructure Push
... on Tuesday pledged to expand Indonesia’s railway network beyond the island of ... Ministry, to prepare a national railway project roadmap. He also urged relevant ... Widodo, Indonesia began building its first railway in Sulawesi, though the project remains ...Business Nov 4, 2025 | 7:43 pm
Prabowo Says He'll Take Responsibility for Mounting China Train Debt
... even assured the state railway operator Kereta Api Indonesia (KAI) -- the ... headlines. Prabowo claimed that Indonesia had enough cash at ... joint venture that spearheaded the project, took care of the ... shareholder in Pilar Sinergi BUMN Indonesia (PSBI). This is a ...Business Nov 4, 2025 | 3:21 pm
Prabowo Greenlights 30 Trainsets to Ease Passenger Congestion in Greater Jakarta
... ($299 million) project by state-owned railway operator Kereta Api Indonesia (KAI). The ... KAI’s ongoing modernization efforts, saying Indonesia’s commuter trains are now “clean ... determination, the world will respect Indonesia,” he said. In a broader vision ...News Nov 4, 2025 | 1:24 pm
Purbaya Backs Jokowi’s View on Whoosh Project Benefits
... [sovereign wealth fund] Danantara Indonesia,” he said. Read More ... 38 trillion) project, saying the 142-kilometer railway was designed ... by the Kereta Cepat Indonesia China (KCIC) consortium, ... project’s debt load after years of cost overruns and delays. Indonesia ...News Oct 29, 2025 | 11:11 am
Jokowi Justifies Costly Whoosh Train as Long-Term Public Benefit
... –Bandung high-speed train project on Monday, saying the ... the project’s debt structure and financial viability. Indonesia is ... companies led by railway operator Kereta Api Indonesia (KAI), with ... challenges, Jokowi framed the project as a long-term investment ...News Oct 27, 2025 | 4:03 pm
China’s Envoy Says Whoosh Project Will Need Years Before Turning Profit
... the project’s success as Southeast Asia’s first high-speed railway, ... said. Read More: Indonesia Plans Debt Renegotiation With China ... and social benefits for Indonesia. Still, he acknowledged ... owned enterprises (SOEs) from Indonesia and China. Since Indonesian ...Business Oct 23, 2025 | 11:56 pm
Danantara Says China Train Debt Talks Still Ongoing as Luhut Claims 60-Year Term Deal
... -Speed Rail According to him, Indonesia has established a negotiating team comprising ... to Chinese businesses. State railway operator Kereta Api Indonesia (KAI) holds a 58 ... press that assessing a high-speed railway project would require one to consider ...Business Oct 23, 2025 | 7:30 pm
KPK Invites Citizens to Report Possible Whoosh Corruption
... project costs about $52 million (Rp 862.2 billion) per kilometer in Indonesia ... project’s debt gradually. Whoosh operator Kereta Api Indonesia ... The state-owned railway company must pay Rp ... Widodo’s administration, including Indonesia’s rejection of a Japanese ...News Oct 22, 2025 | 3:56 pm
Indonesia to Decide on Solution to China Train Debt by End-2025
... The project had a price tag of $7.3 billion, and Indonesia mainly ... how the bullet train project was part of Chinese ... by Chinese businesses. Railway operator Kereta Api Indonesia (KAI) is ... Rasyidin had even called the project a ticking financial “time bomb ...Business Oct 17, 2025 | 1:19 pm
Luhut Stands by Whoosh Project as Danantara Faces Pressure to Repay China Debt
... renewed scrutiny as state railway operator Kereta Api Indonesia (KAI) struggles with ... to cover repayments. Indonesia financed 75 percent of the project through a China ... with Beijing to restructure the project’s Chinese loan, as financial strains ...Business Oct 16, 2025 | 9:32 pm
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