Southeast Asia's first high-speed train – a boon or bust for Indonesia's economy?

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Southeast Asia's first high-speed train – a boon or bust for Indonesia's economy?
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The project is funded by PT KCIC and was expected to be completed by 2019 but has since been held back by operational delays and a $1.2 billion budget overrun.

The analysts were referring to Sri Lanka's failed Hambantota Port development and Uganda's Entebbe International Airport expansion project, both of which have sometimes been described as examples of Chinese debt-trap diplomacy.Chinese foreign ministry spokesperson Mao Ning said

If the Jakarta-Bandung railway results in long-term costs and a ballooning of the state deficit, it could be seen as a bad investment, according to Yusuf. Observers say that if there aren't enough passengers, it could actually offset environmental advantages.

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