China Railway Group Ltd, one of the partners in the consortium PT Kereta Cepat Indonesia-China responsible for the Jakarta-Bandung high-speed railway line PPP project has announced plans to complete the project in 2020.
The US$ 537 million worth of construction works will be done in 2020 despite the COVID-19 outbreak. The consortium has already completed US$128 million worth of works in the first four months of 2020.
This megaproject involves the development of a 142.3 km long high-speed railway connecting Jakarta to Bandung in West Java. The line will have 4 stations. The new line will reduce the journey time between Jakarta and Bandung to 36-44 minutes, compared with three hours on the existing line. The design speed of the railway line is 350 km/hour and this will be the first such railway in Indonesia.
The rail line is being constructed by PT Kereta Cepat Indonesia-China, a consortium involving Indonesia's State-owned companies, and China's centrally-administrated State-owned enterprises including China Railway Signal and Communication Co, China Railway Rolling Stock Corp and Power Construction Corporation of China.
The operation works or the new rail line are expected to start in 2021.
https://www.infrapppworld.com/report/transport-sector-ppp-market-2019
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