29 Sep '15, 12pm

Japan says bid for Indonesian railway rejected, China wins

Japan says bid for Indonesian railway rejected, China wins

JAKARTA (Reuters) – Indonesia will award a hotly contested, multi-billion-dollar railway project to China, a Japanese embassy official said on Tuesday, citing remarks by an Indonesian minister. The two Asian giants had been vying for the project to build a rail line linking the Indonesian capital, Jakarta, with the textile hub of Bandung. Indonesia initially envisaged a high-speed service on the 150 km (100 mile) journey but this month, it changed the plan, opting instead for a medium-speed train. Analysts have said whoever won the bid could be a front runner for future rail projects in the region, including one linking Kuala Lumpur and Singapore. “Minister Sofyan Djalil informed our chief cabinet secretary that Indonesia welcomes the Chinese proposal and we see this as the final decision of the Indonesian government,” Yoshiko Kijima, the economic affairs attache at the Ja...

Full article: http://www.straitstimes.com/asia/se-asia/japan-says-bid-f...

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