Indonesia’s high-speed rail project was not undertaken independently—it was developed in partnership with China. Here's how the collaboration unfolded:
🚄 Project Overview: Jakarta–Bandung High-Speed Rail
• Joint Venture: The rail line was built and financed by a joint venture called KCIC (Kereta Cepat Indonesia China), involving Indonesia’s state-owned PT Kereta Api Indonesia and China Railway International.
• Chinese Financing: China provided billions in loans to fund the project, making it a flagship example of its Belt and Road Initiative in Southeast Asia.
• Technology and Construction: China contributed the high-speed rail technology, engineering expertise, and much of the construction effort.
💰 Financial Challenges and Debt Restructuring
• The project has faced financial strain, with KCIC reporting losses and Indonesia’s sovereign wealth fund absorbing deficits.
• Indonesia is currently negotiating with China to restructure the debt, as the government resists using its state budget to cover the mounting costs.
🇮🇩 Future Expansion Plans
• Indonesia is considering extending the line from Jakarta to Surabaya, and these plans are also being discussed with Chinese partners.

In short, Indonesia initiated the project but relied heavily on Chinese support for financing, technology, and implementation. It's a co-developed venture, not a solo effort.

印尼發包，但所有技術、資金/貸款和執行中國全包
是一帶一路政策

*H 的言論請查証