Japan vs China Rail Competition

The ongoing MRT project serves to intensify the competitive dynamic between Japan and China within the rail-based transportation sector. Both countries appear to be showcasing their prowess through significant investments in this domain.

Bisnis, JAKARTA - The Jakarta MRT project is set to proceed following Japan's official disbursement of loan amounting to JPY 140.69 billion or IDR 14.51 trillion (exchange rate of JPY 1=IDR 103.29) to Indonesia. This injection further solidifies Japan's involvement in the project.

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