Japan supports high-speed train network development in Indonesia

27 April, 2015 | Source: ANTARA NEWS

Jakarta (ANTARA News) - Japan has expressed its support towards the Indonesian governments plan to develop Shinkansen, a network of high-speed railway lines, to link Jakarta and Bandung

"We welcome the plan (to develop Shinkansen). Establishing a Shinkansen network will offer speedy as well as safe travel," Deputy Cabinet Secretary for Public Affairs and Director of Global Communication of the Japanese Prime Ministers Office, Kenko Sone, said here in a lunch briefing during a break in the commemoration of the 60th anniversary of the Asian-African Conference (AAC) on Wednesday.

Japan has been operating the Shinkansen train for 60 years. "And not a single accident caused by a human has occurred," Sone stated, adding that the ones reported were a result of natural causes such as earthquakes.

Safety is the priority while operating the train, which travels at a speed of 300 kilometers per hour.

Moreover, Japan is now developing a successor for their Shinkansen called the Maglev, or magnetic levitation.

"Yesterday (April 21), we broke the world record of hitting 600 kilometers per hour with the Maglev," Sone revealed.

A Japan Railway Maglev train was reported to hit 603 kilometers per hour (374 miles per hour) on an experimental track in Yamanashi on Tuesday, April 21.

"It (technology) is always developing, and we are still developing," Sone remarked.

Japan Railway has been testing their train to figure out the best operational speed for a planned route between Tokyo and Nagoya, scheduled to begin service in 2027.

"We need a system that helps people commute in urban areas," he noted.

Earlier, Indonesia had allowed Japanese and Chinese investors to conduct a feasibility study for the development of high-speed train Shinkansen, which was planned to connect Jakarta and Bandung.

The Japanese investors completed work on their feasibility study of the high-speed train and presented it during a coordination meeting with the Coordinating Ministry of Economic Affairs.

Based on the study, the Japanese suggested that the railway network should link Jakarta with not only Bandung, but with Cirebon, Semarang and Surabaya, as well.

The Japanese offered a total investment of Rp60 trillion (on US Dollar = Rp13,000) for the project. While 16 percent of the investment will be from the government, 74 percent will be from the states high-speed train enterprise, and 10 percent, from private funds, with 0.1 percent interest rate.

In addition, the study showed that the Financial Internal Rate of Return for the project was 0.97.

Moving at a speed of 300 kilometers per hour, the train will benefit people who live in Bandung and travel to Jakarta for work, and vice versa, by cutting down their commuting time from three hours to only thirty minutes.

 

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Strong consolidation needed to face global economic turbulence Reporter: Agus Salim 3 hours ago President Joko Widodo (Jokowi) addressing at a ceremony commemorating the 50th anniversary of the Indonesian Chamber of Commerce and Industry (Kadin) on Monday night. (Agus Salim) Jakarta (ANTARA News) - President Joko Widodo (Jokowi) reminded the country`s fiscal and monetary authorities and the business of the need for strong coordination and consolidation to face the global economic uncertainties. "Uncertainties in the global condition, trade war between the United States and China, increase in interest rate, crisis in Argentina and Turkey, would necessitate strong consolidation and coordination between the monetary and fiscal authorities and the business sector," Jokowi said addressing a ceremony commemorating the 50th anniversary of the Indonesian Chamber of Commerce and Industry (Kadin) here on Monday night. He said good coordination and consolidation would make it easier to develop the public and market confidence. "It is the same as in developing a corporation. Trust brand is vital. The state needs that. Building up trust and market confidence that the international communities, domestic market believe that we are working seriously to settle state problems," he said. He said Indonesia is a big country with a population of 263 million, the fourth largest in the world, having 17,000 islands and made up of 34 provinces. "It is not easy to manage such big country . Each area has own cases, and requirement different from each other," he added. He said developing Indonesia concerns not only economic and political aspects. "If we are concerned only with economic and political gains we need only to focus on development of Java, which is home to 60 percent of the country`s population, but we think of a nation. We are concerned not only with expanding business empire leaving Papua, North Maluku, NTT and other eastern Indonesian regions to suffer in backwardness," he said. Currently imbalance is still wide in infrastructure between the country`s western, central and eastern regions, he said, adding Indonesia is seeking to catch up with other countries. He cited three years earlier, Indonesia had only 231 water reservoirs and dams as against 6,000 dams in the United States and 110,000 dams in China. "This is fact that has to be presented and we have to do something about it," he said. He also spoke about progress made in the construction of toll roads saying after the Jagorawi toll road was operational until early 2015, Indonesia had only 780 km of toll road as against China`s toll roads totaling 280,000 km. "We need to know the condition we are in before we start working hard to make up for the gap especially in eastern Indonesia," he said. Reporting by Agus Salim Editing by Albert Saragih Editor: Bustanuddin COPYRIGHT © ANTARA 2018 AddThis Sharing Buttons Share to FacebookShare to TwitterShare to Google+Share to WhatsAppShare to LINEShare to PinterestShare to GmailShare to EmailShare to More Prev News Indonesia calls for reconciliation and justice for peace Next News Puan attends UN meeting on world peace Comments
President Joko Widodo (Jokowi) reminded the country`s fiscal and monetary authorities and the business of the need for strong coordination and consolidation to face the global economic uncertainties.
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