Tend Slow Fast Train Project, this word Wika


JAKARTA, KOMPAS.com – initial declaration or ground breaking fast train projects Jakarta-Bandung has been held since the beginning of 2016. However, until now, have not seen any significant developments in the field.

Director of Finance PT Wijaya Karya (Persero) Tbk, or Wika, Steve Kosasih, admitted during the process of borrowing from China take time.

“Requirements (loan) so much at all. Because, they (China) baseball ask for collateral at our , “Steve said during a press conference at the House of Wika, Jakarta, Thursday (12/22/2016).

He explained that the China Development Bank (CDB) provide great exception to PT Kereta Cepat Indonesia-China in terms of loan for the construction of a fast train from Jakarta to Bandung.

to KCIC, CDB provides soft loans with tenor returns timed excessively long.

Using the currency of the United States dollar, the interest charged to KCIC of 2 percent of flat for 40 years.

“That’s very low. Plus, baseball 10 years we need to pay the principal. In other words, the banks (CDB) that baseball is taking, “said Steve.

He said, it is very beneficial for Indonesia. However, with flexibilities, there are a number of offenses committed by China.

Consequently, the requirement imposed on KCIC become more and takes time for fulfillment.

the portion of the shares of PT KCIC alone amounted to 40 percent of Chinese and 60 percent of Indonesia.

shareholding Indonesia joined the consortium of four state-owned enterprises, namely PT Kereta Api Indonesia (Persero), PT Wijaya Karya (Persero) Tbk, PTPN VIII (Persero) and PT Jasa Marga (Persero) Tbk.

the composition of the investment in PSBI each Wijaya Karya 38 percent, KAI and PTPN VIII by 25 percent, and Jasa Marga by 12 percent.

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