Indonesia eyes high-speed rail to Surabaya, but China debt barriers loom
Indonesia is reviving plans to extend its Chinese-backed high-speed rail network, with ambitions to connect Jakarta with Surabaya, the nation’s second-largest city. But analysts say familiar complications could stall the project, from regulatory hurdles to the mounting debt owed to China. The proposed extension would build on Whoosh – Southeast Asia’s first high speed rail … Read more