Category Archives: Indonesian Railway

RI, China Signs USD4.5bn Loan Agreement for Bullet Train Project

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Indonesian-Chinese consortium PT Kereta Cepat Indonesia-China (KCIC) has signed a loan agreement worth US$4.5 billion with China Development Bank (CDB). The agreement was reached following a bilateral meeting between President Joko Widodo and Chinese President Xi Jinping at Great Hall … Continue reading →

Govt to Pitch Infrastructure Projects at OBOR Summit

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Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that the government will pitch a number of infrastructure projects to foreign investors at the One Belt One Road (OBOR) Summit in China. Luhut revealed that the projects are not concentrated … Continue reading →