Displaying items by tag: railway - Eyes on Indonesia

State-run railway operator PT Kereta Api Indonesia (KAI) saw a jump in its profits and revenue from January to April this year on the back of strong demand.

It recorded a 25.5 percent jump in revenues to Rp 5.4 trillion (US$405.4 million) during the January-April period compared to the same period last year.

Published in Business

ndonesia's first high-speed train, which will run between Jakarta and Bandung (in West Java) is expected to give rise to new economic centers and cities along the 142 kilometers-long railway. Construction of the project, estimated to cost a total of USD $5.5 billion, is scheduled to kick off on 21 January 2016 in Bandung as Indonesia's Transportation Ministry has finally issued the track permit (this had been a major hurdle previously).

Published in Infrastructure
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