Southeast Asia’s first high-speed rail project three-quarters complete

What’s up: Indonesia’s first high-speed rail project, a 142-kilometer (88-mile) line built by a China-led consortium, is 73 percent complete and could start operating as early as the end of next year, said Indonesian President Joko Widodo on Tuesday.

During a visit to inspect the project, Widodo said he hoped Indonesia could acquire some of the technology developed by China used to build the line for the construction of future lines in the country’s most populous country. Southeast Asia, the state-run Chinese news agency Xinhua reported.

The line will connect the Indonesian capital of Jakarta to the city of Bandung, capital of the province of West Java.

Background: The Java-Bandung line is part of an ambitious plan by China to export its expertise in infrastructure construction to other developing countries participating in its Belt and Road initiative, a signature program of President Xi Jinping.

The Chinese consortium defeated a Japanese group in 2015 for the rights to build the project, which will become the first completed high-speed rail line in Southeast Asia. The latest price for the project is $ 6 billion, up from a previous estimate of $ 5.5 billion.

Quick Takes are condensed versions of stories related to China for quick news that you can use. To read the full article on Caixin in Chinese, click here.

Contact reporter Yang Ge ([email protected]) and editor Joshua Dummer ([email protected])

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