Construction on the rail project in May 2020. Photo: Xinhua Construction on the rail project in May 2020. Photo: Xinhua
Construction on the rail project in May 2020. Photo: Xinhua
Indonesia

Indonesia looks for more funds as bill for China-backed rail project balloons by US$2 billion

  • The Jakarta-Bandung high-speed railway, part of the Belt and Road Initiative, will cost more due to price changes for materials and land acquisition delays
  • The Indonesian side also claims there are communication issues with their Chinese counterparts – though analysts say bilateral ties will stay smooth

Topic |   Indonesia
Construction on the rail project in May 2020. Photo: Xinhua Construction on the rail project in May 2020. Photo: Xinhua
Construction on the rail project in May 2020. Photo: Xinhua
READ FULL ARTICLE