The project has been beset by delays due to land procurement issues, the Covid-19 pandemic and cost overrun. Read more at straitstimes.com.
JAKARTA – Indonesia is prioritising safety ahead of the planned commercial launch of its China-funded US$7.3 billion high-speed railway, its transport minister said on Friday, addressing concerns about a project already years behind schedule.railway connecting Jakarta to the city of BandungBut it has been beset by problems, including delays due to land procurement issues, the Covid-19 pandemic and a US$1.2 billion cost overrun.
“The President told me not to rush it. He knows that the No. 1 priority is safety... This is the first in Indonesia and Asean, and it has an advanced technology, so we have to be careful,” Mr Budi said. KCIC is already struggling to deal with the project’s cost overrun, especially as one of the consortium members, Indonesia’s construction firm Wijaya Karya, is facing its own debt troubles.
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