Indonesia commences work for the first high-speed train project

Indonesia started work on the first high speed train project: the first high speed train project in Indonesia will be completed in 2018. The first high speed train project in Indonesia has started. Indonesian President Joko Widodo attended the groundbreaking ceremony for the high-speed train in Bandung.
In his speech, Widodo said that when the project is completed, high-speed train services between Jakarta and Bandung can be made. The first high speed train project in Indonesia is planned to be completed in 2018.
The high-speed train project agreement between China and Indonesia was signed in October last year. 5,5 percent of the project's $ 75 billion cost will be financed by the Project China Development Bank (CDB), and the rest will be financed by Indonesian government enterprises.
It is stated that there will be 4 stops on the route of the high-speed train that will run between Jakarta and Bandung and the railway distance will be 142,5 kilometers. The project is expected to contribute to the solution of the problem of public transportation and traffic, one of Indonesia's biggest problems.

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