Jakarta to provide US$2.2 bln for railway infrastructure
Jakarta (ANTARA News/Asia Pulse) - The Indonesian government plans to provide Rp20 trillion (US$2.2 billion) to build infrastructure for railway mass transport under the state-owned railway company PT Kereta Api in the next four years.
The government will provide Rp5 trillion annually in four years to support development of railway transport facilities in the country starting this year, Minister for State Enterprises Sofyan A. Djalil said.
The state company has set a budget for investment and repair of railway transport facility at Rp1.43 trillion this year, including for the procurement of two sets of second-hand electric trains.
The government will provide Rp5 trillion annually in four years to support development of railway transport facilities in the country starting this year, Minister for State Enterprises Sofyan A. Djalil said.
The state company has set a budget for investment and repair of railway transport facility at Rp1.43 trillion this year, including for the procurement of two sets of second-hand electric trains.