Trains ordered for Busan metro Line 1
CRRC to supply Noida metro trains
Jakarta – Bandung DBOM concession agreed
Myanma Railways orders Indian locomotives
DBK-Leasing completes Ijara wagon deal
Bangkok railway engineering education agreement signed
Singapore sovereign wealth fund takes stake in Railpool
Bangkok monorail lines approved
Contactless ticketing to be tested in Singapore
A 50-year design build operate maintain concession was signed in Jakarta on March 16 between the government and the Sino-Indonesian consortium promoting a 142 km fast passenger line between the capital and Bandung.
The concession held by the Kerata Cepat Indonesia Cina consortium takes effect on May 31 2019, when construction and commissioning of the US$5·5bn railway is expected to be completed. According to Transport Minister Ignasius Jonan, the consortium is expected to break-even on the project after around 40 years of operations.
Following the signing of the concession, the transport ministry was expected to issue the initial building permits on March 18 covering a 5 km starter section. The DBOM concession stipulates that the maximum speed on the line should not exceed 250 km/h, the distance between the running lines would be 4 600 mm and an ‘exclusivity zone’ stretching 25 km is to be established around each KCIC station.
Three-quarters of the estimated US$5·5bn cost is coming via loans from China Development Bank, with China Railway International Co Ltd holding a 40% share in the KCIC consortium. Domestic participants include construction firm Wijaya Karya, toll road operator Jasa Marga and national train operator PT KAI.
This article first appeared on www.railwaygazette.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2021 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.