Belt and RoadIndonesia turns to state coffers as China-led rail project's costs soar
Belt and Road deal sours amid mounting delays for Jakarta-Bandung line
A tunnel under construction for the Jakarta-Bandung railway: The long-delayed 140 km link would slash travel time between the cities to 45 minutes from three and a half hours. © Reuters
KOYA JIBIKI, Nikkei staff writer
October 14, 2021 04:01 JST
JAKARTA -- When Indonesia awarded the contract for the Jakarta-Bandung high-speed railway to a Chinese consortium six years ago, the project was supposed to be completed by 2018 with no financial contributions or guarantees required from the Indonesian government.