Itochu Wins Railway Contract in Indonesia

Itochu Wins Railway Contract in Indonesia
August 24, 2010 11:10 am

Japan firm Itochu will invest in a coal-transporting railway line in Indonesia.

The $2.2bn project includes a 1,829km railway connecting ports and mines. Itochu will construct the rail line and operate it for 30 years.

The line is expected to increase coal production in the province and could transport 10mt a year during its first ten years of operation.

The government also aims to create a special economic zone in Kalimantan, focusing on port and rail transportation services. The project, expected to be completed by 2013, is one of 100 public-private infrastructure projects undertaken by the government. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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