Indonesia’s Commuter Line has inked a deal worth almost $50 billion to purchase three trains from China’s CRRC, the latest transportation deal amid the government’s continuing efforts to deepen its ties with Beijing in the industry.
PT Kereta Commuter Indonesia (KCI), a subsidiary of state-owned railway company PT Kereta Api Indonesia (KAI) that operates the Commuter Line brand, has inked an agreement with CRRC Sifang Co. Ltd. to purchase three complete trains for Rp 783 billion (US$49.69 billion) from the Chinese state-owned rolling stock manufacturer.
KCI said the trains would replace the aging fleet of the Greater Jakarta Commuter Line and help boost the capacity of the electric rail service (KRL).
βThe procurement of the new KRL facilities is to accommodate the needs of Greater Jakarta Commuter Line users in 2024-2025, which has reached [to date] almost 1 million commuters per day,β KCI president director Asdo Artriviyanto said in a statement on Wednesday. Source: Jakarta post
