JAKARTA, Indonesia (AP) — Indonesian President Joko Widodo inaugurated Southeast Asia’s first high-speed railway on Monday as it was set to begin commercial operations, a key project under China’s Belt and Road infrastructure initiative that will drastically reduce the travel time between two key cities. The project has been beset with delays and increasing costs, and some observers doubt its commercial benefits. But Widodo has championed the 142-kilometer (88-mile) railway, which was issued its
JAKARTA, Indonesia — Indonesian President Joko Widodo inaugurated Southeast Asia’s first high-speed railway on Monday as it was set to begin commercial operations, a key project under China’s Belt and Road infrastructure initiative that will drastically reduce the travel time between two key cities.
“The Jakarta-Bandung high-speed train marks the modernization of our mass transportation, which is efficient and environmentally friendly,” Widodo said. Luhut Binsar Pandjaitan, the coordinating minister for maritime and investment, said China Railway has agreed to transfer its technology to Indonesia so that in the future the country’s high-speed trains can be made domestically.
Ticket prices had not been finalized as of Monday, but PT KCIC estimated one-way prices per passenger would range from 250,000 rupiah for second class to 350,000 rupiah for VIP seats. As a global economic giant, China is one of the largest sources of foreign direct investment in Southeast Asia, a region home to more than 675 million people. Amid crackdowns by the United States and its allies, China is expanding trade with ASEAN countries and infrastructure projects are playing key roles.
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