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Jakarta Post
The Jakarta Post
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Russian firm signs MoU to build $2.4 billion railway

  • The Jakarta Post

Jakarta | Wed, February 8 2012 | 09:03 am
Russian firm signs MoU to build $2.4 billion railway

PREMIUM From Russia with cash: East Kalimantan Governor Awang Faroek (second left) and Kalimantan Rail PTE Director Andrey Shigaev sign a memorandum of understanding (MoU) in Jakarta on Tuesday over rail development and construction in East Kalimantan. JP/P.J. LeoRussia’s state railway firm Joint Stock Company (JSC) Russian Railways will build a railway line in East Kalimantan to deliver coal, in an inv...