#Whoosh

Indonesia Business Post

President assures stability in Whoosh project amid rising debt concerns

President Prabowo Subianto has assured the public that the government will resolve the financial difficulties plaguing the Whoosh Jakarta–Bandung high-speed train project.

Indonesia Business Post

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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