China pips Japan for Indonesian project
By Lyu Chang In Beijing And Deng Yanzi In Hong Kong | China Daily | Updated: 2015-10-17 08:31
CRIC and local consortium to build, operate Jakarta-Bandung high-speed railway line
China has staved off stiff competition from Japan to win rights for the Jakarta-Bandung high-speed rail project in Indonesia, the National Development and Reform Commission said on Friday.
China Railway International Co Ltd and a consortium of Indonesian state-owned companies will build the $5.5-billion railway line from Jakarta to Bandung, and plan to compete for other projects in the region.
Photo
