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Berita Hari Ini Railroad Jakarta-Bandung
One of the biggest problems in relation to infrastructure development or construction projects in Indonesia is the land acquisition process. Many projects have been delayed - or cancelled altogether - because local land owners refuse to sell their land to the developers of the project, or, they only agree to sell land at very costly prices.
A large chunk of the costs for the development of Indonesia's first high-speed railway - between the capital city of Jakarta and Bandung - is covered now a consortium of Indonesian and Chinese companies signed a USD $4.5 billion loan with the China Development Bank. This loan should cover about 75 percent of the total (estimated) costs to develop this railway. In 2015 the Indonesian government, rather unexpectedly, awarded the contract for this project to China, sidestepping Japan that thought it would be appointed to establish this railway.
Next week construction of the high-speed Jakarta-Bandung railway project may finally start as the government is set to issue the necessary construction permit that allows for the development of Indonesia's first-ever high-speed railway project. This railway will connect Indonesia's capital city of Jakarta to the city of Bandung in West Java. Although the groundbreaking ceremony was conducted in January 2016 the project - similar to many other infrastructure projects in Indonesia - has been plagued by a long delay.
One of the Indonesian companies - listed on the Indonesia Stock Exchange - that is in a great position to improve its corporate earnings on the back of the construction of the country's first high-speed railway is Wijaya Karya Beton (Wika Beton). The railway between Jakarta and Bandung has a length of 142 kilometers and requires a large amount of precast concrete. Moreover, Wika Beton is a subsidiary of Wijaya Karya. This construction company is among the companies that develop the Jakarta-Bandung railway.
Indonesia's first high-speed train, which will run between Jakarta and Bandung (in West Java) is expected to give rise to new economic centers and cities along the 142 kilometers-long railway. Construction of the project, estimated to cost a total of USD $5.5 billion, is scheduled to kick off on 21 January 2016 in Bandung as Indonesia's Transportation Ministry has finally issued the track permit (this had been a major hurdle previously).
The launch of the clusters Amanda and Btari - consisting of 400 residential housing units - in the Summarecon Bandung project was well received by the market last week. Within five hours all units were sold. The Summarecon Bandung project is an ambitious integrated city which includes residential areas, commercial areas and mixed-use areas in the Southeastern part of Bandung (West Java). The company behind this project is publicly-listed Summarecon Agung, an Indonesian real estate construction and development company.
Although the start of construction of the USD $5.5 billion high-speed railway between Indonesia's capital city of Jakarta and Bandung (West Java) is still waiting for the necessary permits as well as a recommendation from the Governor of West Java, there are no crucial matters that disturb the project, says Sahala Lumban Gaol, Chairman of Pilar Sinergi BUMN Indonesia. Pilar Sinergi BUMN Indonesia is a consortium consisting of four Indonesian state-owned companies. Together with China Railway International Co Ltd, this consortium formed a joint venture to develop Indonesia's first high-speed railway project.
Indonesia telah membatalkan pengembangan jalur kereta berkecepatan tinggi antara Ibukota Jakarta dan Bandung (Jawa Barat) karena Presiden Joko Widodo memutuskan bahwa Indonesia tidak membutuhkan sebuah kereta yang bisa mencapai kecepatan lebih dari 300 kilometer (km) per jam untuk rute yang relatif singkat (150 km) di antara kedua kota. Selain jarak yang pendek, juga akan ada sekitar 14 stasiun yang didirikan di antara dua stasiun terminal, mengimplikasikan bahwa kereta ini perlu direm berkali-kali sebelum bisa mencapai kecepatan maksimumnya.
Menurut rumor terbaru, pemerintah Indonesia cenderung memilih Republik Rakyat Tiongkok (RRT) untuk mendirikan jalur kereta berkecepatan tinggi yang pertama di Indonesia yang akan menghubungkan Daerah Khusus Ibukota (DKI) Jakarta dan Bandung, ibukota Provinsi Jawa Barat. Selama beberapa minggu terakhir ‘pertarungan’ meningkat antara RRT dan Jepang mengenai pihak mana yang akan mendapatkan kontrak untuk mendirikan jalur kereta berkecepatan tinggi dan berprofil tinggi antara kedua kota (bernilai kira-kira 5 miliar dollar Amerika Serikat).
Artikel Terbaru Railroad Jakarta-Bandung
On 30 September 2021 Indonesia’s House of Representatives (Dewan Perwakilan Rakyat, DPR) approved the 2022 State Budget (Anggaran Pendapatan dan Belanja Negara, APBN) that had previously been proposed by the cabinet. And with 14.2 percent of total government spending being reserved for infrastructure development in the 2022 State Budget, the Indonesian government confirms that it remains committed to much-needed infrastructure development.
The completion of the high-speed Jakarta-Bandung railway in West Java is expected to see a delay due to land acquisition and licensing troubles. The USD $5.9 billion project is now expected to be completed in 2020, one year later than originally planned.
Revenue and profit of Wijaya Karya (Wika), one of Indonesia's biggest construction companies, is partly dependent on developments surrounding the Jakarta-Bandung high-speed railway project. Earlier this month, Indonesian President Joko Widodo ordered an evaluation of this railway project, which saw groundbreaking in 2016 but has shown limited progress ever since.
After experiencing a two-month delay due to permitting and concession trouble, the construction of the Jakarta-Bandung fast train should be able to commence soon. Indonesian Transportation Minister Ignasius Jonan confirmed on Wednesday (16/03) that his ministry agreed to grant a 50-year concession period to the Chinese-Indonesian consortium named Kereta Cepat Indonesia Cina (KCIC). The granting of this concession means that KCIC should be able to secure the necessary construction and business permits soon. The USD $5.1 billion Jakarta-Bandung railway (in West Java) is one of the mega-infrastructure projects of Indonesia.
Last week it was officially announced that China Railway International Co. Ltd, subsidiary of China Railway Group Ltd, together with a consortium consisting of Indonesian state-owned enterprises (which include Pilar Sinergi BUMN Indonesia, Wijaya Karya, Kereta Api, and Jasa Marga) will build Indonesia's first ever high-speed railway, valued at over USD $5 billion, between the capital city of Jakarta and Bandung (in West Java), a route that stretches for approximately 150 km.
Republik Rakyat Tiongkok (RRT) telah memenangkan sebuah kontrak untuk membangun jalur kereta berkecepatan tinggi antara Daerah Khusus Ibukota Jakarta dan Bandung (Jawa Barat), mengalahkan Jepang dalam proses ini. Pada awal bulan ini, Pemerintah Indonesia secara tak terduga memutuskan untuk menunda proposal dari Jepang dan RRT untuk konstruksi jalur kereta berkecepatan tinggi bernilai miliaran rupiah antara kedua kota karena proposal-proposal ini mencakup bantuan keuangan atau jaminan dari Pemerintah Indonesia. Terlebih lagi, Indonesia menganggap kereta super cepat tidak diperlukan untuk rute yang relatif pendek (150 km).
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