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View all search resultsState-owned railway operator PT Kereta Api Indonesia (KAI) is purchasing 438 train cars from state-owned train car maker PT Industri Kereta Api (INKA) to replace models that had been operational for about 30 years.
Indonesian economy is facing two intertwined problems: declining export share and declining manufacturing share. These challenges have led the government under President Joko “Jokowi” Widodo to emphasize the importance of “production-driven economy” and exports of manufacturedgoods.
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