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Jakarta Post
The Jakarta Post
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China to channel US$1.3b for Sumatra coal railway

  • Esther Samboh

    The Jakarta Post

Nusa Dua, Bali | Sat, November 19 2011 | 11:55 am

PREMIUM PT Bukit Asam Transpacific Railways (BATR) signed on Friday a financing deal worth US$1.3 billion from the China Development Bank (CDB) to kick-start the long-delayed railway construction in Sumatra.

BATR president director Rudiantara said the project was part of an integrated plan consisting of coal mining, coal transportation infrastructure and port logistics.

“With the deal, we...