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Search result with “Kcic” as a keyword founded 58 news.
Indonesia to Decide on Solution to China Train Debt by End-2025
... . Operating the rail is the KCIC joint venture, whose 60 percent ... at a 3.4 percent annual interest rate. KCIC covered 25 percent of the ...Business Oct 17, 2025 | 1:19 pm
Luhut Stands by Whoosh Project as Danantara Faces Pressure to Repay China Debt
... . The Kereta Cepat Indonesia China (KCIC) consortium --led by Indonesian state ... ,000–30,000 passengers daily, KCIC remains unprofitable, reporting a Rp 1.6 trillion ...Business Oct 16, 2025 | 9:32 pm
Danantara Still Searching for Best Way to Settle China Train Debt, No Talks with Purbaya Yet
... this rail line is the KCIC, a joint venture of Indonesian ... the government acquire parts of KCIC’s infrastructure or injecting equity into ... a yearly interest rate of 3.4 percent. KCIC covered 25 percent of the ... on to 60 percent of KCIC's stake via the PSBI ...Business Oct 14, 2025 | 5:01 pm
Indonesia Won’t Use State Funds to Pay Bullet Train Debt to China
... costs. Operating the rail is KCIC, a joint venture of Indonesian and ... (PSBI) holds 60 percent of KCIC’s shares, while the rest of ... plantation company Perkebunan I (1.03 percent). KCIC took care of 25 percent ...Business Oct 13, 2025 | 11:08 am
Purbaya Says High-Speed Rail Debt to China Is Danantara’s Responsibility
... by Kereta Cepat Indonesia China (KCIC), a joint venture between ... Rail Debt with China KCIC recorded losses of Rp ... proposed two potential solutions for KCIC’s financial problems: injecting ... Kereta Api Indonesia (KAI), KCIC’s largest shareholder, or fully ...Business Oct 10, 2025 | 8:05 pm
Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China
... Kereta Cepat Indonesia China (KCIC). The joint venture ... Photo/Joanito De Saojoao) KCIC currently serves between 20, ... financing costs. Financial reports show KCIC incurred a Rp 1.6 trillion ... The Chinese consortium in KCIC comprises China Railway International ...Business Oct 10, 2025 | 11:12 am
Indonesia in Talks with China on High-Speed Train Hefty Debt
... costs. Operating the rail is KCIC, a joint venture of Indonesian and ... (PSBI) owns 60 percent of KCIC’s stake, while the rest of ... plantation company Perkebunan I (1.03 percent). KCIC took care of 25 percent ...Business Oct 8, 2025 | 10:12 pm
Indonesia Plans Debt Renegotiation With China Over Whoosh Line
... consortium, holds a majority stake in KCIC and therefore bears the brunt ...Business Sep 16, 2025 | 12:48 pm
43% of Jakarta-Bandung Rail Foreign Passengers Are Malaysians
... Kereta Cepat Indonesia China (KCIC), the transport company that ... operates the rail network. KCIC data also indicated a positive ... 750 passengers a day. KCIC attributed this trend to the ... when traveling in Indonesia,” KCIC’s general manager corporate secretary ...Lifestyle Sep 4, 2025 | 1:04 pm
Danantara Steps In as Whoosh Train Saves Time but Bleeds Cash
... Kereta Cepat Indonesia–China (KCIC), the joint venture running ... holds a majority stake in KCIC and therefore bears the brunt ... additional financing at 3.4 percent. KCIC is structured as a joint ... that a detailed review of KCIC’s finances was underway, with ...Business Aug 22, 2025 | 7:32 pm
KAI Chief Warns of Financial 'Time Bomb' in Indonesia’s First High-Speed Rail
... by Kereta Cepat Indonesia–China (KCIC), a joint venture considered a flagship initiative ... ’s hefty operating and financing costs. KCIC reported a Rp 1.6 trillion ($100 ... explore solutions to KCIC’s financial difficulties. Read More: KCIC Adds Whoosh High ...Business Aug 21, 2025 | 3:27 am
Danantara Mulls Restructuring High-Speed Railway’s Hefty China Debt
... announce it later,” Rosan said. KCIC, a joint venture of Indonesian and ... (PSBI) owns 60 percent of KCIC’s shares. The remaining 40 percent ... Jasa Marga (7.08 percent). The KCIC’s shareholders were in charge of ...Business Aug 6, 2025 | 11:53 am
Greater Bandung LRT Project Gets French Support
... a mutually beneficial collaboration. Read More: KCIC Apologizes for Whoosh Train Delay ...Business Aug 2, 2025 | 10:45 am
KCIC Apologizes for Whoosh Train Delay After Trespasser Disrupts Service
... Kereta Cepat Indonesia-China (KCIC), the operator of the ... rail track," said Emir Monti, KCIC's spokesperson, in a statement ... area. Following the breach, KCIC conducted a thorough track inspection ... By 12:27 p.m., KCIC announced that the sterilization process ...News Jan 27, 2025 | 8:41 pm
Whoosh Tickets Available with 20% Discount for Group Bookings
... "After checking availability, the KCIC team will arrange the seating ... ticket counter," Eva Chairunisa, KCIC’s General Manager of Corporate ... availability is confirmed, the KCIC team will arrange the ... and the general public. KCIC hopes this promotion will be ...Lifestyle Jan 7, 2025 | 11:18 am
KCIC: 120,000 Whoosh Train Tickets Sold for 2024 Holiday Period
... Kereta Cepat Indonesia-China (KCIC) has announced that 120,000 ... official release on Tuesday. KCIC expects a surge in passenger ... To ensure seamless service, KCIC has made several preparations, ... ,” Eva added. Furthermore, KCIC is assigning 50 mobile passenger ...Lifestyle Dec 24, 2024 | 11:25 am
One Year of Whoosh: High-Speed Train Serves 6 Million Passengers
... of Kereta Cepat Indonesia China (KCIC), reported that of the 6 million ... . Eva said on Wednesday that KCIC, as the project’s consortium, is ... ,000 ($19.39). According to KCIC, Whoosh can now accommodate up ...News Oct 23, 2024 | 3:45 pm
Jokowi and Southeast Asia’s First High-Speed Railway
... ’s consortium Kereta Cepat Indonesia-China (KCIC) on Friday. Whoosh reported that ...News Oct 19, 2024 | 10:33 am
Budi Karya Lauds Chinese Investors for Support in Indonesia’s Transport Infrastructure
... project, a joint effort under the KCIC consortium, the local acronym for ...Business Sep 20, 2024 | 9:12 pm
Two Earthquakes Hit West Java
... potential issues on the tracks. KCIC, which operates the high-speed ... . Eva Chairunisa, Corporate Secretary of KCIC, assured that the company would ...News Sep 18, 2024 | 1:05 pm
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