Live Breaking News & Updates on Karya president director agung budi waskito

Stay informed with the latest breaking news from Karya president director agung budi waskito on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Karya president director agung budi waskito and stay connected to the pulse of your community

Indonesian companies ask China to up stake in high-speed rail project as its Covid-19 total nears 1.6 million

JAKARTA, April 17 (Reuters): As Indonesia's Covid-19 total reached 1,599,763-total on Saturday after 5,041 ....... new cases was recorded; Indonesian state companies building a Chinese-funded high-speed rail line are negotiating for Beijing to increase its stake in the project after budget overruns look set to boost costs by a fifth, a company executive said.
The 142 km (88 miles) rail project, connecting the capital Jakarta to Bandung, which is part of China's Belt and Road Initiative, was originally expected to cost 66.76 trillion rupiah ($4.57 billion) when awarded to a consortium of Chinese and Indonesian state firms in 2015.
Construction company Wijaya Karya has the biggest share in a 60% stake it co-owns with other Indonesian firms in the consortium, named PT KCIC. The China Railway Engineering Corporation and other Chinese companies control the rest.

China , Beijing , Japan , Indonesia , Surabaya , Jawa-timur , Bandung , Jawa-barat , Jakarta , Jakarta-raya , Indonesian , Japanese

Indonesian companies ask China to up stake in high-speed rail project

By Reuters Staff
3 Min Read
JAKARTA, April 15 (Reuters) - Indonesian state companies building a Chinese-funded high-speed rail line are negotiating for Beijing to increase its stake in the project after budget overruns look set to boost costs by a fifth, a company executive said.
The 142 km (88 miles) rail project, connecting the capital Jakarta to Bandung, which is part of China’s Belt and Road Initiative, was originally expected to cost 66.76 trillion rupiah ($4.57 billion) when awarded to a consortium of Chinese and Indonesian state firms in 2015.
Construction company Wijaya Karya has the biggest share in a 60% stake it co-owns with other Indonesian firms in the consortium, named PT KCIC. The China Railway Engineering Corporation and other Chinese companies control the rest.

China , Beijing , Japan , Indonesia , Surabaya , Jawa-timur , Bandung , Jawa-barat , Jakarta , Jakarta-raya , Indonesian , Japanese

Indonesian companies ask China to up stake in high-speed rail project

Indonesian companies ask China to up stake in high-speed rail project
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

China , Beijing , Japan , Indonesia , Surabaya , Jawa-timur , Bandung , Jawa-barat , Jakarta , Jakarta-raya , Indonesian , Japanese