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View all search resultsForeign minister Retno said the President had met with her Chinese counterpart on Thursday to discuss economic cooperation between their two countries, including Whoosh and the joint feasibility study initiated late last year on extending the HSR track to Surabaya.
Critics have suggested the purchase of the Chinese Commuter Line trains, saying it may be linked to ongoing liabilities that Indonesia owes to China for financing the construction and operation of Whoosh.
The final unit price of the Jakarta-Bandung railway, some US$52 million per kilometer, is higher than that of China’s high-speed rail, which cost between $17 million and $30 million per kilometer, as well as France’s, which cost $24 million per kilometer.
Kereta Cepat Indonesia China (KCIC), the consortium responsible for the project, is seeking to close the gap through what it calls cash deficiency support (CDS), which experts say will most likely come from bank loans.
People living in the city and its surroundings will likely remain reliant on private vehicles, experts say, citing an urgent need for a drastic improvement of the public transportation system.
Jakarta saw two of the most awaited and long-overdue railway projects taking off in 2023: the Greater Jakarta light rail transit (LRT) and the Jakarta-Bandung high-speed rail (HSR) service dubbed Whoosh.
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