China only wants you to buy their trains and loan money, they don’t really care about whether you make profits or not. In the end, Indonesia will have to pay their ballooning debts with interests, it’s just business for China. Plus, the hidden cost of those trains, and the sinking of Jakarta. Jokowi wanting to have his own legacy project before his term ends in 2024, HSR debts, and the lack of foreign investors for the new capital city.
I would think given how crowded and bad the traffic is in Jakarta-Bandung and the corridor b/w the two cities is, that this would be a viable project - IF done right and well thought out (albeit few HSRs ever turn a profit - let alone recoup costs e.g. Taiwan etc...). The Malaysia-SG HSR was rightly cancelled b/c once the politicians + Sultans got involved, it stopped making any sense (e.g. where the route would start, end and the too many stops in-between to make everyone happy) and would not benefit many locals. Otherwise, Malaysia should almost be finished double-tracking and electrifying Gemas to Johor - a project that makes alot more sense....
China only wants you to buy their trains and loan money, they don’t really care about whether you make profits or not. In the end, Indonesia will have to pay their ballooning debts with interests, it’s just business for China. Plus, the hidden cost of those trains, and the sinking of Jakarta. Jokowi wanting to have his own legacy project before his term ends in 2024, HSR debts, and the lack of foreign investors for the new capital city.
I would think given how crowded and bad the traffic is in Jakarta-Bandung and the corridor b/w the two cities is, that this would be a viable project - IF done right and well thought out (albeit few HSRs ever turn a profit - let alone recoup costs e.g. Taiwan etc...). The Malaysia-SG HSR was rightly cancelled b/c once the politicians + Sultans got involved, it stopped making any sense (e.g. where the route would start, end and the too many stops in-between to make everyone happy) and would not benefit many locals. Otherwise, Malaysia should almost be finished double-tracking and electrifying Gemas to Johor - a project that makes alot more sense....