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Indonesia’s IRDC to Build Railroad in Laos US$2B

JAKARTA (TheInsiderStories) - Indonesia Railway Development Consortium (IRDC) plan to build a railroad linking Laos to Vietnam, said the official last week. The value...

Swiss’s Stadler Rail, INKA, KAI Build Rolling Stock Plant in Indonesia

JAKARTA (TheInsiderStories) - PT Industri Kereta Api (INKA) and PT Kereta Api Indonesia (KAI) together with Swiss' company train manufacturer Stadler Rail AG has form...

Indonesia’s Adhi Karya Ready to Build LRT Lines to Bogor

Jakarta (TheInsiderStories) - Publicly listed company, PT Adhi Karya Tbk (IDX: ADHI), ready to build light rail transit (LRT) lines Cibubur - Bogor starting...

KAI to Issue Rp2 Trillion Bond to Purchase New Train Cars

JAKARTA (TheInsiderStories) - State-owned railway operator PT Kereta Api Indonesia (KAI) plans to generate Rp2 trillion (US$140 million) from its second corporate bond issuance,...

Indonesia to Build High Speed Train Factory in Banyuwangi

JAKARTA (TheInsiderStories) - State-owned rolling stock manufacturing company PT Industri Kereta Api (INKA) is set to build a new factory in Banyuwangi, East Java to...

Railway Firm KAI Gets Rp19.25T Syndicated Loan for LRT Project

JAKARTA (TheInsiderStories) - State-owned rail operator PT Kereta Api Indonesia (KAI), the operator of the Greater Jakarta Light Rail Transit (LRT), on Friday, signed...

Railway Firm KAI, Adhi Karya Sign LRT Contract Amendment

JAKARTA (TheInsiderStories) - State-owned railway company PT Kereta Api Indonesia (KAI) and state-owned construction company PT Adhi Karya Tbk (IDX:ADHI) on Tuesday (19/12) signed...