JAKARTA (Reuters) – The Indonesian-Chinese consortium building a high-speed rail link between the capital Jakarta and the textiles hub of Bandung expects to earn $18 billion developing satellite towns and industrial centers along the line, a company official said.
The rail project, part of Beijing’s Belt and Road Initiative (BRI) to connect China with Asia, Europe and beyond was described last month by China’s ambassador to Indonesia, Xiao Qian, as “the first high-speed rail of Southeast Asia”.
JAKARTA (Reuters) – The Indonesian-Chinese consortium building a high-speed rail link between the capital Jakarta and the textiles hub of Bandung expects to earn $18 billion developing satellite towns and industrial centers along the line, a company official said.
The rail project, part of Beijing’s Belt and Road Initiative (BRI) to connect China with Asia, Europe and beyond was described last month by China’s ambassador to Indonesia, Xiao Qian, as “the first high-speed rail of Southeast Asia”.
https://www.reuters.com/article/us-indonesia-train-beltandroad/indonesian-belt-and-road-high-speed-rail-link-expects-18-billion-from-satellite-towns-idUSKCN1S807L