(from L to R) Director General of Railways of Indonesia's Trasporation Ministry Herman Dwiatmoko, Indonesian Minister of Transportation Ignasius Jonan and Hanggoro Budi Wiryawan, president director of PT Kereta Cepat Indonesia-China (KCIC), pose during the signing ceremony in Jakarta, Indonesia, March 16, 2016. The Indonesian Ministry of Transportation and an Indonesia-China joint venture firm for the Jakarta-Bandung high speed railway on Wednesday signed a concession agreement. [Photo: Xinhua/Agung Pambudhy]
The Transportation Ministry of Indonesia and the Jakarta-Bandung high-speed railway joint venture have signed a franchise agreement.
Yang Zhongmin, deputy chief engineer of China Railway Corporation, says the agreement will pave the way for legal groundwork of the construction of the project.
"The signing of the franchise agreement provides legal basis for the full-scale construction for the high-speed railway. We will work with Indonesia to co-organize the full-scale construction of the project which will be started late this month."
Designed to travel at a maximum of 300 km per hour, the 150-km high-speed railway will shorten travel time from Jakarta to Bandung from three hours to less-than 40 minutes.
The project will also help China accelerate construction plans of a railway network across Southeast Asia and boost connectivity between countries along the Belt and Road.
Source: China Indonesia Sign Agreement for High-speed Railway Cooperation
No comments:
Post a Comment