Finance Ministry to take 60 pct stake in Jakarta-Bandung HSR operator
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Finance Ministry to take 60 pct stake in Jakarta-Bandung HSR operator
Jakarta (ANTARA) - Indonesia's Finance Ministry is set to acquire a 60 percent stake in PT Kereta Cepat Indonesia-China (KCIC), operator of the Jakarta-Bandung high-speed railway (HSR), with the process expected to conclude by mid-September. "The stake will be handed over by Danantara to the Financ»»»
Indonesian Finance Ministry to Take Over 60% Stake in Whoosh
Indonesia's Finance Ministry will assume ownership of a 60 percent stake in PT Kereta Cepat Indonesia China (KCIC), the operator of the Jakarta-Bandung Whoosh high-speed railway, with the transfer expected to be completed by mid-September 2026. Finance Minister Purbaya Yudhi Sadewa said on Wednesda»»»
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