REPUBLIKA.CO.ID, JAKARTA -- Indonesia's Daya Anagata Nusantara Investment Management Agency (BPI Danantara) stated that it has prepared two schemes to settle debts from the Indonesia-China Fast Train Project (KCIC). The option is to take over its infrastructure and inject additional funds.
“Whether we add equity first or then we hand over the infrastructure like the rest of the railway industry, the infrastructure belongs to the government. Well these are these two options that we are trying to offer,” said Chief Operating Officer (COO) of BPI Danantara Dony Oskaria in Jakarta, Thursday (9/10/2025).
Essentially, Dony said, the project provided a fairly significant economic impact for the community, by slashing travel times. Currently, the number of passengers of the Jakarta-Bandung Fast Train continues to increase, reaching 30 thousand people per day.
“But on the one hand we also pay attention to sustainability rather than KAI itself. Since this KCIC is now part of KAI, this is what we are looking for the best solution for,” said the former deputy minister of state-owned enterprises.
Earlier, Minister of Investment and Underwriting/Head of the Capital Investment Coordination Board (BKPM) Rosan Perkasa Roeslani said that the negotiation process for debt restructuring of PT KCIC project is ongoing. Negotiations were conducted with governments and partner companies from China to agree on a new, more sustainable financing structure.
“Yes, (restructuring) is underway with the Chinese side, well with the Chinese government (negotiations) are underway,” Rosan said after attending the Investor Daily Summit 2025 in Jakarta on Wednesday (8/10/2025).