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rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Free real-time market data to help you quickly recover and avoid losses. The $7.3 billion project, part of China’sBelt and Roadinfrastructure initiative and largely funded by Chinese state-owned firms, opened to the public on Monday following a series of delays and setbacks.

Originally scheduled for launch on October 1, a grand inauguration ceremony was held at the Halim railway station in the capital Jakarta on Monday, attended by President Joko Widodo and First Lady Iriana as well as several cabinet ministers.“The Jakarta-Bandung high-speed train is the first high-speed train in Indonesia, and the first in Southeast Asia, with a speed of 350 kilometers per hour,” Widodo said to applause from the crowd, before sounding a red alarm to signal the beginning of official service.

“This is not without good teamwork from all parties, including the central government, local government, state-owned enterprises, private sectors and public as well as the Chinese government and its related companies – all working together to finish this project,” added Luhut Binsar Pandjaitan, Indonesia’s coordinating maritime and investment minister.

Videos taken on board and shared on social media showed off spacious air-conditioned cabin interiors and clear window views of the Indonesian countryside as the train sped off.

rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. The new bullet train will travel between the Halim railway station in East Jakarta and West Bandung’s Padalarang railway station in West Java, Indonesia’s second-largest city and a major arts and culture hub.

rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The 86-mile (138-kilometer) high-speed rail line, officially named WHOOSH – which stands for “time saving, optimal operation, reliable system” in Indonesian – runs on electricity with no direct carbon emissions and travels at a speed of roughly 217 miles per hour – cutting travel time between Jakarta and Bandung from three hours to under less than an hour, officials say.

Overseen by the joint state venture PT Kereta Cepat Indonesia China (PT KCIC), the railway is well connected to local public transport systems. The trains, modified for Indonesia’s tropical climate, are equipped with a safety system that can respond to earthquakes, floods and other emergency conditions, officials added.

rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. There are talks to extend the high-speed line to Surabaya – a major port and capital of East Java Province, PT KCIC director Dwiyana Slamet Riyadi told Chinese state media outlets at a ceremony earlier in September.

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rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. According to information released by PT KCIC, the railway features eight cars – all equipped with Wi-Fi and USB charging points – and seats 601 passengers.

Indonesia, the world’s fourth-largest country and Southeast Asia’s largest economy, has been actively and openly courting investment from China, its largest trade and investment partner.

rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Free expert stock trend predictions to help you identify high-potential stocks and maximize returns. With real-time global market indices, futures, metals, energy, and agricultural product data, our platform enables you to make informed investment decisions. A high-profile meeting in July between Indonesian and Chinese leaders Joko Widodo and Xi Jinping unveiled a series of projects, including plans to build a multi-billion dollar Chinese glass factory on theisland of Rempangin Indonesia’s Riau Islands Archipelago as part of a new ‘Eco-City,’ sparking weeks offierce protestsfrom indigenous islanders opposed to their villages being torn down.

rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. Widodo and Chinese Premier Li Qiang were photographed taking test rides on the new high-speed railway throughout September.

rico auto industries limited (ricoauto) ✌️【Stock Market】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. The train deal was first signed in 2015 as part of China’s Belt and Road Initiative and construction began later that year.

It was initially expected to be completed in 2019 but has faced multiple operational delays as a result of the Covid-19 pandemic as well as land procurement and ballooning costs.

PT KCIC’s director Dwiyana hailed the Jakarta-Bandung high-speed railway as an “outstanding example of bilateral cooperation between Indonesia and China.” It will not only improve Indonesian infrastructure but “promote the development of Indonesia’s railroad and manufacturing industries,” he said.

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