Indonesian rail project seals new era of investment
By Wu Jiao in Jakarta and Chen Mengwei in Beijing | China Daily | Updated: 2015-04-23 08:30
Presidents Xi and Widodo witness signing of framework for 160-km high-speed train link
President Xi Jinping joined Indonesian President Joko Widodo on Wednesday in Jakarta for the signing of a high-speed rail construction project that will link the 160 kilometers between the capital city of Jakarta and Ban-dung, the nation's third-largest city.
Indonesia developed a rail plan to construct 860 kilometers of high-speed rail connecting the major cities of Jakarta, Bandung, Cirebon and Surabaja, but had made limited progress due to technological and financial concerns.
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