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Japan loses Indonesian high-speed railway contract to China
Sofyan Djalil, head of the Indonesian National Development Planning Agency, told Chief Cabinet Secretary Yoshihide Suga in Tokyo on Tuesday that Indonesia planned to welcome the Chinese proposal, Suga said at a news conference.

Jakarta dropped both Chinese and Japanese high-speed railway construction proposals early this month, citing the high cost of each, and offered to consider instead a cheaper medium-speed railway.

[...] China recently submitted a new proposal to build the high-speed rail link between Jakarta and the West Java provincial capital of Bandung without requiring Indonesian fiscal spending or government debt guarantees.

by das monde on Wed Sep 30th, 2015 at 06:15:51 AM EST

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