The Indonesian government has denied any knowledge of a proposal by a Bruneian infrastructure company to build a high-speed railway (HSR) network connecting the three countries on Borneo Island – Brunei, Malaysia and Indonesia – dubbed the Trans Borneo Railway.
IJM Corp Bhd’s outstanding construction order book and unbilled sales for its property division is expected to sustain the group’s earnings over the near term.
At the age of 20, Lao girl Bounmee has already become the breadwinner for her family. As the chief conductor of a bullet train on the China-Laos Railway, she now earns a salary way more than her peers.“My parents are so proud of me,” she said in fluent Chinese.
The purpose of high-speed rail (HSR) projects like the new Jakarta-Bandung connection is not just passenger transportation but also industrialisation alongside the tracks, according to Wang Yiwei from the China Public Diplomacy Association.
WITH stretched government finances at the moment, keeping the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) as a privately funded project is the preferred way forward.