JAKARTA - PT Kereta Cepat Indonesia China (KCIC) has opened its voice regarding the investigation conducted by the Corruption Eradication Commission (KPK) regarding the alleged budget inflation or mark-up in the Jakarta 'Bandung high-speed rail project or known as
This was conveyed by the General Manager of the KCIC Corporate Secretary, Eva Chairunisa when confirmed, Monday, October 27.
"KCIC will cooperate with the KPK for the investigation process," said Eva.
Previously, it was reported that the Corruption Eradication Commission (KPK) was investigating the alleged budget inflation or mark-up in the Jakarta "Bandung" high-speed rail project,fewsh.
"Currently it is at the investigation stage," said Acting Deputy for Enforcement and Execution of the KPK Asep Guntur Rahayu, to VOI, Monday, October 27.
Asep did not explain in more detail when the investigation began. He only said that the process was carried out behind closed doors as usual at the investigation stage at the KPK.
Based on the information obtained, the investigation into the alleged mark-up has actually been running since a few months ago, or before the issue was mentioned by the former Coordinating Minister for Political, Legal and Security Affairs (Menko Polhukam), Mahfud MD.
In one of the uploads on his YouTube channel, Mahfud revealed that there were striking differences in the calculation of the cost of building a high-speed train per kilometer between the versions of Indonesia and China.
According to Indonesia, the cost per 1 kilometer of the dollar 52 millionASH train. But in China itself, the calculation is 17 to 18 million US dollars. It tripled, right," Mahfud said in the video.
Mahfud also highlighted the debt burden of theASH project which reached around IDR 4 trillion in 2025. According to him, this was due to a change in the financing scheme from Japan's offer with an interest of 0.1 percent on loans from China, which originally flowered 2 percent and then rose to 3.4 percent due to cost overruns.
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However, the cost of buildingASH per kilometer which reaches Rp780 billion is said to be still lower than the Jakarta MRT project which costs around Rp1.1 trillion per kilometer.
Even so, Mahfud still supports the investigation of the alleged mark-up and assesses transparency is needed so that the public gets clarity about the use of project funds.
In addition, Mahfud supports the attitude of the Minister of Finance, Purbaya, who refused to bear the debt burden of theASH project borne through the state budget. He encouraged the government to take progressive policies so that the project debt burden does not increase.
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