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Indonesia government to take over state firm's stake in troubled China-funded high-speed railway

CNA

WorldCNA·Aug 7, 2026·1 min read

Indonesia government to take over state firm's stake in troubled China-funded high-speed railway

Indonesia's Finance Minister Purbaya Yudhi Sadewa said that he will appoint an agency under his ministry to take over a 60 per cent stake in PT KCIC, the company that operates the bullet train.

View original source — CNA ↗

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