AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On December 4, 2015, a 77.137 billion yen ($690 million USD) loan agreement was signed with the Indonesian government and the Japanese International Cooperation Agency (JICA) for the construction of a high-speed railway. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing Indonesia with civil engineering, electrical works and mechanical systems, locomotives, and consulting services.
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