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November 23, 2024
PI Global Investments
Gold

Xi calls Indonesia high-speed rail a ‘gold standard’ of ties


JAKARTA — Indonesia’s first high-speed railway — a 140-kilometer Beijing-backed project connecting Jakarta and Bandung — has become a “gold standard” of bilateral cooperation, Chinese President Xi Jinping said of the 6-month-old line.

The “Whoosh” high-speed train, a prestige project for Indonesian President Joko “Jokowi” Widodo under Beijing’s Belt and Road Initiative, reached 2 million passengers last month, according to Kereta Cepat Indonesia China (KCIC), the Indonesian-Chinese consortium that operates the train.





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