Itochu Wins Railway Contract in Indonesia

Itochu plans to invest $2.2 billion in a coal-transporting railway line connecting ports and mines in Indonesia, aiming to increase coal production and create a special economic zone focused on port and rail transportation services.

August 24, 2010 11:10 am | Last Update: August 14, 2015 11:12 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.

TAGS: indonesia railway projects, itochu railway, kalimantan railway connection project, railway project in indonesia

railwaynews

Railway infrastructure, rolling stock and transport technologies specialist focused on global rail industry developments, high-speed rail systems, signaling technologies and freight transportation. Covering railway investments, public transport modernization, rail operations and international mobility projects across Europe, Asia and North America.