Indonesian president launches Southeast Asia's first high-speed railway, funded by China

United States News News

Indonesian president launches Southeast Asia's first high-speed railway, funded by China
United States Latest News,United States Headlines
  • 📰 AP
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Indonesian President Joko Widodo has inaugurated Southeast Asia’s first high-speed railway, which begins its commercial operations on Monday, a key project under China’s Belt and Road infrastructure initiative that will drastically cut the travel time between two key cities.

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

The railway connects Jakarta with Bandung, the heavily populated capital of West Java province, and will cut travel time between the cities from the current three hours to about 40 minutes.TikTok says it regrets Indonesia’s decision to ban e-commerce sales on social media platforms “Our courage to try new things gives us confidence and the opportunity to learn and will be very useful for the future, making our human resources more advanced and our nation more independent,” he added.

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. The trains have been modified for Indonesia’s tropical climate and are equipped with a safety system that can respond to earthquakes, floods and other emergency conditions. The 209-meter train has a capacity of 601 passengers.

The rail deal was signed in October 2015 after Indonesia selected China over Japan in fierce bidding. It was financed with a loan from the China Development Bank for 75% of the cost. The remaining 25% came from the consortium’s own funds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

AP /  🏆 728. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesia is set to launch Southeast Asia's first high-speed railway, largely funded by ChinaIndonesia is set to launch Southeast Asia's first high-speed railway, largely funded by ChinaIndonesia is preparing to launch Southeast Asia’s first high-speed railway, a key project under China’s Belt and Road infrastructure initiative.
Read more »

Indonesia to launch Southeast Asia's first bullet trainIndonesia to launch Southeast Asia's first bullet trainThe $7.3 billion rail project connects the capital Jakarta to Bandung in West Java.
Read more »

Asia Day Ahead: China’s PMI Mixed, BOJ Minutes Well-Received by NikkeiThe softening in US August core PCE inflation failed to drive a sustained rebound in Wall Street last Friday. China and Hong Kong markets are closed today.
Read more »

World Bank downgrades developing East Asia growth forecast, weighed by a slowing ChinaWorld Bank downgrades developing East Asia growth forecast, weighed by a slowing ChinaEven though East Asian economies have mostly recovered from the series of shocks since 2020, including the Covid-19 pandemic, the pace of growth will likely slow.
Read more »

Asia-Pacific stocks mixed as China's factory activity expands for the first time in six monthsAsia-Pacific stocks mixed as China's factory activity expands for the first time in six monthsAsia-Pacific stocks open mixed after China's manufacturing PMI for bounces back to expansion territory.
Read more »



Render Time: 2025-02-19 08:34:44