China's rail project in Indonesia pushes Jakarta into debt
Jakarta [Indonesia] October 20 (ANI): Faced by the price of cost overruns on China's signature Jakarta-Bandung fast-rail project, Indonesia's government has been forced to dip into the state budget for projects which continues to witness construction delays and land acquisition issues.
The cost of the 143-kilometre rail link project has escalated from USD 6.07 billion to more than USD 8 billion with a completion date now