24.09.2019
Artikel Nummer: 28944
Swiss - Indonesian cooperation sealed
Switzerland-headquartered Stadler Rail and the Indonesian state-owned rolling stock manufacturer PT. Industri Kereta Persero (PT. INKA) have entered into a joint-venture agreement. The aim is to create a joint company producing rolling stock in a new factory in Banyuwangi, Indonesia. Utilising Stadler's technology, the joint venture will manufacture aluminium car-body trains for the Indonesian and Asian markets.
Simultaneously, PT. Kereta Api Indonesia, expressing its strong interest to be part of the joint venture, has also made a commitment to buy 500 EMU cars from the new company. The three-party agreement aims to increase synergies within the Indonesian train industry. (ben)