Inp.polri.go.id - Jakarta. Indonesia sovereign wealth fund Danantara has prepared two options to resolve the debt issue of the Indonesia–China High-Speed Rail (KCIC) project, either by taking over the infrastructure or injecting new equity.
“We’re considering whether to increase equity participation or transfer the infrastructure to the government, as is common in other rail industries. These are the two options on the table,” said Danantara COO Dony Oskaria during the Investor Daily Summit 2025 on Thursday (9/10/2025), as quoted by antaranews.com.
He said that the project continues to generate strong economic impact, with daily ridership now reaching around 30,000 passengers. However, he noted the need to balance KCIC’s financial sustainability under PT Kereta Api Indonesia (KAI).
Earlier, Minister of Investment and Downstreaming Rosan Perkasa Roeslani confirmed that negotiations with the Chinese government and corporate partners are underway to restructure the project’s debt into a more sustainable financing model.
(mg/inp/pr/rs)
