JAKARTA - The government, through Finance Minister Purbaya Yudhi\nSadewa, will take over PT Kereta Cepat Indonesia China (KCIC), the joint\nventure between Indonesia and the People\u2019s Republic of China that\nmanages Whoosh.<\/p>\n
\u201cIt is already done, just the formalities left. But I cannot announce\nit yet, because I am not the only one involved. It will be announced\nlater. But it is already clear how the management will be handled. It\nwill be announced at the appropriate time,\u201d said Purbaya at the\nPresidential Palace Complex in Jakarta on Tuesday (7\/4\/2026).<\/p>\n
\u201cYes, possibly, this is what we are\u2026 Insha\u2019Allah, hopefully it will\nbe finished soon, we think about it one by one,\u201d stated Dony.<\/p>\n
\u201cIf it is not final yet now. We will update later, afraid it will\ncause a stir again,\u201d he added.<\/p>\n
According to Dony, the option for taking over KCIC will be finalised\nin another 1-2 months.<\/p>\n
Meanwhile, Dony also discussed the fate of other consortium members\nsuch as WIKA and KAI, which are also in KCIC.<\/p>\n
\u201cWe will settle that all at once. We want everything to be finished\nthoroughly at once, we will return them to their portions, for example,\nWIKA is not in that field, we will focus on contractors. So we settle\none by one. We want everything to be resolved thoroughly,\u201d explained\nDony.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/finance-ministry-to-take-over-pt-kcic-operator-of-whoosh-1775599010", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }