The financing package comprises a concessional loan of approximately 230 million euros and a 6-million-euro technical assistance grant from KfW, alongside counterpart funding from the Indonesian government.
Deadly shortcut: People cross railway tracks on May 3 in the Tanah Kusir area of Kebayoran Lama, South Jakarta. State-owned railway company Kereta Api Indonesia (KAI) said 130 of the 423 railway crossings in its Daop 1 Jakarta operational area remain unguarded, prompting plans for joint enforcement with local authorities to improve transportation and public safety. (Antara/Sulthony Hasanuddin)
Germany is backing the first phase of Indonesia’s Surabaya Regional Railway Line (SRRL) project with 236 million euros (US$256 million) in financing, as the country prepares to begin construction of the commuter rail line next year.The initiative, part of the European Union's broader Global Gateway strategy, aims to develop the Greater Surabaya commuter corridor into the region’s first electrified rail line.
"We are proud to contribute to Indonesia's sustainable mobility ambitions through initiatives such as the Surabaya Regional Railway Line," designated Deputy Head of Mission at the German Embassy in Jakarta Oliver Sperling said in a statement on Wednesday.
