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#High-Speed Rail

Jakarta-Bandung high-speed rail a ‘ticking time bomb’ amid mounting debt: KAI

State-owned railway operator PT Kereta Api Indonesia (KAI) has raised an alarm over the financial strain posed by the Jakarta-Bandung high-speed rail (KCJB), warning lawmakers that the multibillion-dollar project has become a “ticking time bomb” unless urgent debt restructuring is carried out.

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