Tag: whoosh high-speed rail debt
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Indonesia Weighs Dual Strategies With China to Keep Whoosh High-Speed Rail on Track
Indonesia and China are negotiating with China’s economic planner, the NDRC, to address a funding shortfall for the Jakarta–Bandung high-speed rail project, known as "Whoosh." The gap emerged after costs rose by about $1.2 billion, while ticket sales fell short of loan payments.
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By Peter Apps As U.S. Vice President JD Vance returned to Washington last weekend after unsuccessful peace talks in Pakistan over the crisis in the Gulf, China’s Foreign Ministry was preparing for a bumper slate of visitors, including Russian Foreign Minister Sergei Lavrov and the leaders of Spain, ...
Indonesia Weighs Dual Strategies With China to Keep Whoosh High-Speed Rail on Track
Indonesia and China are negotiating with China’s economic planner, the NDRC, to address a funding shortfall for the Jakarta–Bandung high-speed rail project, known as "Whoosh." The gap emerged after costs rose by about $1.2 billion, while ticket sales fell short of loan payments.