China Development Bank (CDB) will disburse loan worth of US$400 million to PT Kereta Cepat Indonesia China (KCIC) in this month - Photo: Special

JAKARTA (TheInsiderStories) – China Development Bank (CDB) will disburse loan worth of US$400 million to PT Kereta Cepat Indonesia China (KCIC) in this month, said the company today (09/10). The operator of Jakarta – Bandung High Speed Train (HST) targeting to disburse around $1 billion until the end of this year, from the total loans $6.071 billion.

So far according to KCIC’ CEO Chandra Dwiputra, 75 percent of CDB’ loans worth of $4.55 billion has been disbursed. This loans will use to complete the Jakarta-Bandung fast train project which is targeted to be completed in 2021 after years of delay.

He explained, until September 2019, the company has completed 13 tunnels on the 142-kilometers railroad track. KCIC managed to penetrate the tunnel at Walini areas in Bandung, Wes Java for 608 meters. This tunnel has a width of 12.6 meters in diameter and an outside 14.3 meters.

Putra said, the operation of the fast train will cut the travel time of Jakarta-Bandung from 3 hours to 45 minutes. This project will also be the first fast train in Southeast Asia.

China and Indonesia signed an agreement in October 2015 to establish a joint venture to build and operate the Jakarta-Bandung HST. The line’ groundbreaking ceremony was held in January 2016. However, the construction was postponed due to issues ranging from funding to land acquisition.

The key reason for the delay is not at all surprising: the government blames slow progress in the land clearance process, incomplete talks related to the financing scheme as well as the extension of the line, which is now designed to reach Kertajati Airport in West Java.

China Railway, one of the world’ largest railway operator, said that the trains will have a maximum design speed of 350 kilometers per hour on the four-stop rail line.

The Jakarta-Bandung HST will connect four stations in Halim Perdana Kusuma in Greater Jakarta area, Karawang, West Java, Walini in Bandung and Tegal Luar in West Java.

Unclear with the completion of Jakarta-Bandung HST, now the government has started planning the development of the Jakarta-Surabaya semi-high speed train project with Japan. Minister of transportation Budi Karya Sumadi has said, the two-phase project is estimated to require an investment of Rp80 Trillion ($5.67 billion) and start to commences in this year.

The first phase will reportedly be a Jakarta-Semarang section, which is anticipated to be completed within two years. The second, Semarang-Surabaya phase, will start up construction in 2019.

Sumadi stated that the semi-fast train will be able to cover the Jakarta-Surabaya route within five hours, at a minimum speed of 140 kilometers per hour. In the construction of level crossings, both for flyovers and underpasses, the Ministry will coordinate with the Ministry of Public Works and Public Housing.

Jakarta-Surabaya HST facilities are expected to reduce the eight- to nine-hour travel time to only five hours. The minister noted that there are at least 1,000 railroad crossings on the route between Jakarta and Surabaya. Moreover, the government should construct a double track with displaced railroad crossings as well as setting up overhead electricity lines.

The high-speed train project is a landmark joint effort between Indonesia, China and Japan and also seen as a revolution in the country’ land transportation systems. With goals to drive the economic growth on the surrounding areas of the railway lines, government expects the construction of this fast train line will materialized soon.

US$1: 14,100  

Written by Staff Editor, Email: theinsiderstories@gmail.com