Indef Supports PT KAI Leadership in High-Speed Rail Project

    Antara - 14 September 2021 18:00 WIB
    Indef Supports PT KAI Leadership in High-Speed Rail Project
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    Jakarta: The Institute for Development of Economics and Finance's (Indef's) economic expert, Eko Listyanto, believes state-owned railway operator PT Kereta Api Indonesia's (PT KAI's) leadership in the Jakarta-Bandung high-speed rail project will be a rational, suitable decision.

    "It is a rational choice to appoint PT KAI to lead the Jakarta-Bandung high-speed railway project, as the company has extensive experience in the railway industry," Listyanto told ANTARA in Jakarta, Tuesday.


    According to Listyanto, PT KAI can serve as a project leader if the company's shares in the state-owned Jakarta-Bandung high-speed rail project consortium PT Pilar Sinergi BUMN Indonesia increased.

    Apart from easing mobility between Jakarta and Bandung, the high-speed rail could also enhance regional development, especially in regions served by the high-speed train and along the railway route, Listyanto noted.

    As the national train operator, PT KAI, has a significant role in regions served by the company, especially in areas close to commuter train stations and along the rail tracks before the covid-19 pandemic.

    "PT KAI has proven to reinvigorate and encourage economic activities along the areas served," Listyanto affirmed.

    Earlier, President Joko Widodo (Jokowi) had informed that the work to construct the Jakarta-Bandung high-speed rail was 73-percent complete, with its pilot operational trial expected to take place at the end of 2022.

    President Jokowi called for service integration with the Jakarta MRT and the Jabodebek LRT upon completion of the high-speed railway system to bolster efficiency and drive economic activities in the region.

    The president is also optimistic that development of the high-speed railway would encourage technology and knowledge transfer on the construction of high-speed rail and its operations to Indonesian experts, thereby facilitating independent development in future.


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