Concession for Jakarta-Bandung HSR extended from 50 to 80 years. Read more at straitstimes.com.
JAKARTA -Indonesia’s fiscal stability makes it unlikely to fall into a debt trap over the Jakarta-Bandung railway’s ballooning construction costs, said analysts.
They dismissed fears that a 30-year extension to the concession awarded to a Sino-Indonesian consortium to operate the country’s first high-speed rail line could potentially place the project under China’s influence until the start of the 22nd century.Get exclusive reports and insights with more than 500 subscriber-only articles every month
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