Abstract afternoon of April 22, Chinese President Xi Jinping met with Indonesian President in Jakarta, Djoko, the two sides witnessed the signing of cooperation documents in the high-speed railway project between the two countries. Xi Jinping pointed out that China is willing to encourage more powerful Chinese companies to participate in Indonesia's infrastructure construction and operation...
On the afternoon of April 22, Chinese President Xi Jinping met with Indonesian President Zoco in Jakarta. The two sides witnessed the signing of cooperation documents for the two countries' high-speed railway projects. Xi Jinping pointed out that China is willing to encourage more powerful Chinese companies to participate in Indonesia's infrastructure construction and operation. Zoko said that Indonesia hopes to expand cooperation with China in various fields and is willing to conduct in-depth research on China's "21st Century Maritime Silk Road" concept and Indonesia's new development strategy to bring opportunities to the cooperation between the two sides. Welcome China to increase its infrastructure to Indonesia. investment. According to the 21st Century Business Herald on April 23, Indonesian Ambassador to China Su Geng. Laharzo said earlier that Indonesia does need high-speed rail to provide more efficient transportation for Jakarta and Indonesia's second largest city, Surabaya. At present, the government has proposed to develop a railway from Indonesia to Surabaya, and they will attract foreign investors including China.
At the end of March, when Zoco visited China, the China National Development and Reform Commission and the Indonesian State-owned Enterprise Department signed the Memorandum of Understanding on Sino-Indonesia Jakarta-Bandung High-speed Rail Cooperation.
According to preliminary research conducted by the Japan International Cooperation Agency, the total investment of the project is about 6 billion US dollars. Because the negative rate of return on investment cannot be completely invested in private enterprise investment, the most ideal way is to set up a special project company led by Indonesian state-owned enterprises. 74%, the government and private companies contributed 16% and 10% respectively.
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