TheJakartaPost
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There is a policy vacuum in the land use and zoning of the Jakarta-Bandung high-speed railway project, as most developments along the route focus on real estate rather than multimodal access or job creation.
President Prabowo Subianto has announced that the government will assume responsibility for repaying the Rp 1.2 trillion (US$71.81 million) cost overrun debt incurred by Indonesia's first high-speed railway, Whoosh. Prabowo justified the government's intervention by framing the railway as a public service obligation (PSO), arguing that its benefits extend beyond profit. He further stated that the government intends to fund the repayment using assets recovered from corruption cases, though the feasibility of this approach remains uncertain.
The Corruption Eradication Commission (KPK) is now looking into potential corruption in the land acquisition for the Whoosh Jakarta-Bandung high speed railway (HSR), after investigators raised suspicions of embezzlement in the alleged inflated land procurement.
The Corruption Eradication Commission’s (KPK) probe into alleged corruption in the construction of the Jakarta-Bandung high speed railway Whoosh is proceeding apace after President Prabowo Subianto reassured the public about having "no major problems" with the project's lingering debt.
