Credit By: Bloomberg.com
Setback Strikes Jakarta-Bandung High-Speed Train Project
Indonesia’s ambitious high-speed train project connecting Jakarta and Bandung has been hit with its second delay in less than a month, further complicating a venture that budget overruns and local doubts have already marred.
Project Delayed Again Amidst Funding and Public Concerns
The scheduled trial launch of the $7.3 billion Jakarta-Bandung high-speed train service, initially set for Friday, has been postponed again due to pending decisions from the Ministry of Transportation. This setback raises more questions about the viability of the China-funded project, which has faced numerous challenges, including financial issues and skepticism from the public.
Indonesia’s Chinese-funded high-speed train service has been delayed for the second time in less than a month, in the latest setback for the project plagued by cost overruns and local skepticism. A spokesperson for the project said that the trial launch of the $7.3bn Jakarta-Bandung high-speed service will go differently than planned.