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Search result with “Kereta Cepat Indonesia China” as a keyword founded 34 news.
Indonesia Finalizes Restructuring Plan for China Train Debt
... for the China-backed Jakarta-Bandung bullet train or “Whoosh”. Indonesia has ... Whoosh’s biggest financial stress bearer Kereta Api Indonesia (KAI) — has had discussions ... managed by the joint venture Kereta Cepat Indonesia-China (KCIC). PSBI — a consortium of ...News Apr 8, 2026 | 9:16 am
Indonesia, China Discuss Whoosh Train Debt by Video Calls, Says Rosan
... had been limited to teleconferences. Indonesia has been trying to assuage ... Whoosh service is operated by Kereta Cepat Indonesia China (KCIC), a joint venture owned by ... both countries. Pilar Sinergi BUMN Indonesia (PSBI) — a consortium of Indonesian state ...Business Feb 2, 2026 | 9:33 am
Indonesia to Form Committee on China-Backed Train Ahead of Surabaya Expansion
... . In recent months, Indonesia has been preoccupied with ... and West Java’s Bandung. Indonesia had taken out a Chinese ... rail,” Agus said. Indonesia will use other countries ... managed by the joint venture Kereta Cepat Indonesia-China (KCIC). PSBI — a consortium ...News Jan 21, 2026 | 3:10 pm
Danantara Drafts China Train Debt Proposal Ahead of Beijing Talks
... that they had owed to China. Indonesia had borrowed money from the ... to overrun costs of $1.2 billion. Kereta Cepat Indonesia China (KCIC), a joint venture led by ... in KCIC. Railway operator Kereta Api Indonesia is the majority shareholder in ...Business Nov 26, 2025 | 2:43 pm
KAI Says Extending Whoosh Train to Banyuwangi Isn’t A Pipe Dream
... Jakarta. State-run railway operator Kereta Api Indonesia, or KAI, said Wednesday that ... the Whoosh train is the Kereta Cepat Indonesia China (KCIC), a joint venture of ... $1.2 billion cost overruns. Indonesia has entered talks with China to restructure the ...Business Nov 12, 2025 | 3:58 pm
Gov't to Share Whoosh Financial Burden as Project Struggles with China Loan Repayments
... under close supervision of Danantara, Indonesia’s sovereign wealth fund overseeing ... ’s debt. Whoosh is managed by Kereta Cepat Indonesia–China (KCIC), a joint venture heralded ... 60 percent owned by Indonesia’s Pilar Sinergi BUMN Indonesia (PSBI) -- a ...Business Nov 5, 2025 | 11:29 pm
Prabowo Summons Chief Minister AHY and Former Minister Jonan to Discuss Whoosh Debt
... , which is operated by the Kereta Cepat Indonesia China (KCIC) consortium. He said he ... roughly 75 percent financed by China Development Bank loans at 2 percent ... started in October 2023. Separately, Kereta Api Indonesia (KAI) President Director Bobby ...News Nov 3, 2025 | 8:16 pm
Whoosh High-Speed Rail Ridership Rises 6.3% in 2025
... travelers between Jakarta and Bandung. Kereta Cepat Indonesia China (KCIC), the operator of the ... Indonesian state-owned firms under Kereta Api Indonesia (KAI) and Chinese partners ... . Read More: Indonesia Plans Debt Renegotiation With China Over Whoosh LineNews Oct 30, 2025 | 2:11 pm
KPK Reviews Graft Allegations in Whoosh Train Project
... The operator of the project, Kereta Cepat Indonesia China (KCIC), said it would cooperate ... Indonesian state-owned firms under Kereta Api Indonesia (KAI) and Chinese partners ... Indonesia financed 75 percent of Whoosh’s construction through loans from the China ...News Oct 29, 2025 | 11:56 am
Purbaya Backs Jokowi’s View on Whoosh Project Benefits
... by [sovereign wealth fund] Danantara Indonesia,” he said. Read More: Jokowi ... Whoosh, jointly operated by the Kereta Cepat Indonesia China (KCIC) consortium, connects Jakarta and ... . Indonesia currently pays about Rp 2 trillion a year in interest to China, ...News Oct 29, 2025 | 11:11 am
Jokowi Justifies Costly Whoosh Train as Long-Term Public Benefit
... viability. Indonesia is currently repaying loans to China’s state-owned China Development ... between 2021 and 2023. The Kereta Cepat Indonesia China (KCIC) consortium operates Whoosh. ... companies led by railway operator Kereta Api Indonesia (KAI), with the ...News Oct 27, 2025 | 4:03 pm
KPK Invites Citizens to Report Possible Whoosh Corruption
... Kereta Api Indonesia (KAI) reported losses from its joint venture with China ... loan. Indonesia financed 75 percent of Whoosh through a China Development Bank ... Launched commercially in 2023, the Kereta Cepat Indonesia China (KCIC) consortium carries 20,000 ...News Oct 22, 2025 | 3:56 pm
Luhut Stands by Whoosh Project as Danantara Faces Pressure to Repay China Debt
... Kereta Api Indonesia (KAI) struggles with losses from the joint venture with China ... repayments. Indonesia financed 75 percent of the project through a China Development ... the rate to 3.4 percent. The Kereta Cepat Indonesia China (KCIC) consortium --led by ...Business Oct 16, 2025 | 9:32 pm
Purbaya Says High-Speed Rail Debt to China Is Danantara’s Responsibility
... government and is operated by Kereta Cepat Indonesia China (KCIC), a joint venture between Indonesian ... problems: injecting fresh equity into Kereta Api Indonesia (KAI), KCIC’s largest shareholder ...Business Oct 10, 2025 | 8:05 pm
Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China
... and is managed by Kereta Cepat Indonesia China (KCIC). The joint ... Read More: Indonesia in Talks with China on High-Speed ... Chief Operating Officer of Indonesia\'s sovereign wealth fund Danantara, ... half of 2025, with Kereta Api Indonesia (KAI) -- its largest ...Business Oct 10, 2025 | 11:12 am
43% of Jakarta-Bandung Rail Foreign Passengers Are Malaysians
... ,000 are Malaysians, according to Kereta Cepat Indonesia China (KCIC), the transport company that ... momentum in both Malaysia and Indonesia. Friday (Sep. 5) will be a ... tourism experience when traveling in Indonesia,” KCIC’s general manager corporate ...Lifestyle Sep 4, 2025 | 1:04 pm
Danantara Steps In as Whoosh Train Saves Time but Bleeds Cash
... Discussions are already underway with Kereta Api Indonesia (KAI), the state railway ... and the largest shareholder in Kereta Cepat Indonesia–China (KCIC), the joint venture ... triggered a $1.2 billion cost overrun, Indonesia had to accept additional financing ...Business Aug 22, 2025 | 7:32 pm
KAI Chief Warns of Financial 'Time Bomb' in Indonesia’s First High-Speed Rail
Jakarta. State railway operator Kereta Api Indonesia (KAI) has acknowledged that ... .” The project is managed by Kereta Cepat Indonesia–China (KCIC), a joint venture considered a ... KAI would coordinate with Danantara -- Indonesia’s sovereign wealth fund -- to ...Business Aug 21, 2025 | 3:27 am
KCIC Apologizes for Whoosh Train Delay After Trespasser Disrupts Service
Jakarta. Kereta Cepat Indonesia-China (KCIC), the operator of the ... is an essential part of Indonesia's transportation infrastructure. The service has ...News Jan 27, 2025 | 8:41 pm
KCIC: 120,000 Whoosh Train Tickets Sold for 2024 Holiday Period
Jakarta. Kereta Cepat Indonesia-China (KCIC) has announced that 120, ... "Jokowi" Widodo inaugurated Whoosh, the China-funded Jakarta-Bandung High-Speed ...Lifestyle Dec 24, 2024 | 11:25 am
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