JAKARTA -- Indonesia has reached an agreement with China to extend the 35- to 40-year debt repayment periods for its struggling high-speed railway to 60 years, Jakarta officials said, though the details still need to be worked out.
Transportation
Indonesia says deal reached with China on railway debt extension
Jakarta negotiates with Beijing as Belt and Road project struggles to turn a profit
Indonesia's Whoosh high-speed rail project has been losing money since entering service two years ago. (Photo by Tomoyoshi Oshikiri)
Read Next
Latest on Transportation
