Indonesia to Renegotiate High-Speed Rail Cost-Sharing with China

China backs Indonesia’s Jakarta–Bandung high-speed rail HSR as Jakarta pursues loan restructuring.
A Whoosh train in Jakarta. China backs Indonesia’s Jakarta–Bandung high-speed rail HSR as Jakarta pursues loan restructuring. (Photo: Yasuyoshi Chiba / AFP)

Indonesia will reopen talks with China on how to split a $1.2 billion cost overrun on the Jakarta–Bandung high-speed rail, Whoosh, as a new state holding prepares a debt restructuring for the operator.

Whoosh is a 142-kilometer Jakarta–Bandung line that starts its operation in October 2023. A joint venture of Indonesian and Chinese state companies runs the service.

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