{
    "success": true,
    "data": {
        "id": 1182100,
        "msgid": "railway-open-for-private-companies-1447893297",
        "date": "1995-11-14 00:00:00",
        "title": "Railway open for private companies",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Railway open for private companies JAKARTA (JP): Private investors can now participate in the construction and operation of railway networks. The president of the state-owned railway company Perumka, Soemino Eko Saputro, said yesterday that several private companies have already submitted proposals for the construction and operation of railway networks in Sumatra. \"Six companies have proposed to participate in two railway network projects in Sumatra which will serve cargo transportation.",
        "content": "<p>Railway open for private companies<\/p>\n<p>JAKARTA (JP): Private investors can now participate in the<br>\nconstruction and operation of railway networks.<\/p>\n<p>The president of the state-owned railway company Perumka,<br>\nSoemino Eko Saputro, said yesterday that several private<br>\ncompanies have already submitted proposals for the construction<br>\nand operation of railway networks in Sumatra.<\/p>\n<p>\"Six companies have proposed to participate in two railway<br>\nnetwork projects in Sumatra which will serve cargo<br>\ntransportation. We will study the proposals carefully as the<br>\nbusiness is very promising,\" he said. He refused to name the six<br>\ncompanies.<\/p>\n<p>Sumatra is well-known for its coal and plantation commodity<br>\nproduction.<\/p>\n<p>Soemino said that his company will probably offer two kinds of<br>\nbusinesses cooperation with private firms: the revenue sharing<br>\ncontracts and joint operating schemes.<\/p>\n<p>Chief of Perumka's planning, research and development center,<br>\nSjahrizal Siregar, said in a recent seminar that investment<br>\nactivities in railway transportation is currently limited to the<br>\ndevelopment of infrastructure, rolling stock and other<br>\nfacilities.<\/p>\n<p>However, he said cooperation could extend to the development<br>\nof completely new networks, new network as extensions of the<br>\nexisting network and new networks running parallel to and<br>\nconnected with existing ones.<\/p>\n<p>Other possible projects include new networks in the same<br>\ncorridor which are operated as separate systems, Sjahrizal said.<br>\nHe said the planned high-speed train service linking Jakarta and<br>\nSurabaya, East Java, via Semarang in Central Java, was an example<br>\nof this.<\/p>\n<p>Soemino said that Perumka's revenues would have to increase as<br>\na result of joint operation projects with private firms.icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/railway-open-for-private-companies-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}