Recently Yahoo News on-line reported the following:
Indonesia's delayed China-funded rail project beset by
fresh problems (2/2)
Tue, June 6, 2023 at 10:06 p.m. PDT
By Stefanno Sulaiman
(continue)
DELAYS AND DOUBTS
The fresh loan is needed to help cover a $1.2 billion cost overrun.
PT KCIC was awarded the project in 2015 after lodging a cheaper proposal than a Japanese rival, with completion expected in 2019. But the project has been plagued by delays due to land ownership disputes, questions over its economic impact and the COVID-19 pandemic.
Delays and cost blowouts are not uncommon in high-speed rail projects globally, including in Western countries.
PT KCIC expects it will take 40 years for its investment to become profitable, twice as long as initial estimates, an executive said last year.
One-way tickets on the line will cost up to 350,000 rupiah ($23.56) depending on the distance travelled, according to PT KCIC, nearly a quarter of the average Indonesian's weekly income.
The planned 45-minute train ride between Jakarta and Bandung compares with a car journey of two to three hours or the current three-hour rail trip.
But with the terminal stations located outside the city centres, the high-speed rail line could struggle to attract the business passengers being targeted, said Sutanto Soehodho, a transportation analyst at the University of Indonesia.
"They value time and seek convenience," he said. "But if they need to transit again, why should they use it?"
($1 = 14,855.0000 rupiah)
Translation
(繼續)
延誤和疑慮
PT KCIC 於 2015 年提交了比日本競爭對手更便宜的提案後獲得了該項目,預計於 2019 年竣工。但該項目因土地所有權糾紛、對其經濟影響的質疑和 COVID-19 大流行而受到延誤。
在包括西方國家在內的全球高鐵項目中,延誤和成本突然增加並不罕見。
一位高管去年表示,PT KCIC 預計其投資需要 40 年才能有盈利,是最初預計的兩倍。
據 PT KCIC 稱,該線路的單程車票價格高達 350,000 盧比(23.56 美元),具體取決於乘搭距離,接近印尼人平均每週收入的四分之一。
相比雅加達和萬隆之間預計的 45 分鐘火車行程之下,汽車行程需要兩到三個小時,或者目前的火車行程需要三小時。
印尼大學交通分析師Sutanto Soehodho 表示,由於終點站位於市中心以外,高鐵線路可能難以吸引目標中的商務乘客。
他說: “他們珍惜時間並尋求便利” 。 “但如果需要再次轉車,他們為什麼要使用它呢?”
該部官員Seto表示,將車站設在雅加達市中心和萬隆的成本太高。
So, Indonesian
government will push back on a China-funded consortium's plan to start full
commercial operations of the country's first high-speed train service from August
2023 to January 2024. It is expected to take 40 years for the investment to
become profitable, twice as long as initial estimates. Probably this delay will
negatively affect the ruling party in the general election next year.
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