Indonesia: High-speed rail, 40 years needed to make a profit:
-China fully supports: Belt and Road-
Reuters [Jakarta 8th Reuters]
Indonesian high-speed rail:
The Chinese-sponsored consortium
Due to Indonesia’s capital relocation plan
“It will take 40 years for high-speed rail investment to make a profit,” he predicted.
It’s twice as much as originally expected.
KCIC
President of Duyana Slamet Riyadi
At the parliamentary inquiry on February 7,
China’s Belt and Road project faces a $ 2 billion cost overrun.
“The estimated cost is Rp113 trillion ($ 7.85 billion),” she said.
KCIC:
A consortium of Chinese and Indonesian companies.
A 142-kilometer railway line connecting the capital Jakarta and Bandung in West Java is under construction.
President Riady:
There are plans to move the capital from Jakarta to Borneo in 2024.
The number of passengers per day will decrease to 31,215 (previous forecast: 61,157).
It is impossible to make a profit in 20 years:
Looking at the investment amount, the number of passengers, and the ticket price,
It is very difficult to “get an investment return within 20 years”.
Achieved profitability in 40 years:
With a ticket price of IDR 150,000-350,000, the break-even point will be reached in 40 years.
https://jp.reuters.com/article/indonesia-railway-china-idJPKBN2KE0E6
中国支持印尼高铁线路料需40年实现收支平衡 – 柚知新闻
在印尼建设一条由中国资助的高铁线路的财团一位高管透露，由于印尼计划迁都，现在预计该项投资需要40年才能实现盈利，比最初的估计长一倍。
据路透社报道，PT KCIC总裁里亚迪（Dwiyana Slamet Riyadi）周一在议会听证会上说，这项“一带一路倡议”的项目还面临着约20亿美元（26.89亿新元）的成本超支，使估计成本增加到113万亿印尼卢比（105.70亿新元）。
PT KCIC是由中国和印尼企业组成的财团，正在建设连接首都雅加达和西爪哇万隆市的142公里的铁路线。
里亚迪表示，由于印尼计划在2024年将首都从雅加达迁至婆罗洲岛，连接这两个城市的列车预计每天将运送31215名乘客，低于之前估计的61157名。
https://yuzu.news/cn/25362.html
Indonesian Capital Plan Throws China-Backed Rail Link Into Disarray
– The Diplomat
Indonesia’s plan to shift its capital
from Jakarta to a remote location on the island of Borneo is set to inflict a further setback on a Chinese government-backed high-speed rail project that has already experienced repeated delays.
According to the Jakarta Post,
Dwiyana Slamet Riyadi,
the president director of KCIC,told a parliamentary hearing on Monday that the projected demand for the railway, based on a recent third-party review,
had fallen to just 31,215 passenger trips per day, just over half of the 61,157 estimated in a 2017 feasibility study.
https://thediplomat.com/2022/02/indonesian-capital-plan-throws-china-backed-rail-link-into-disarray/