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Economy

Indonesia to use Japan loans and private capital for $4.5bn railway

Spending limits force Jakarta to seek alternative infrastructure funding scheme

A Japanese-made railway car for Jakarta's Mass Rapid Transit is delivered on April 5. Indonesia will also seek Japanese funding and private sector involvement for a railway project stretching across Java.   © Getty Images

TOKYO -- Indonesia will seek funding from the Japanese government and private sector for a $4.5 billion railway project stretching across the island of Java.

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