Yavan High Speed Rail repayment period may be extended to sixty years

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The head of Indonesia's state-owned enterprise regulator and chief operating officer of the investment management agency revealed that the negotiations on restructuring the debt of the Yavan Express Railway not only involve the 60-year repayment period proposed by China, but also cover core issues such as interest payments and repayment currencies.Former Economic Integration Minister Luhut has saidRepayment period may be extended to 60 yearsBut he clarified thatThe agreement has not yet been finalized, and the Indonesian negotiating team will go to China again in the near future for consultations.

Chinese Foreign Ministry spokesman Guo Jiakun responded that the Yavan High Speed Railway has operated safely and stably since its opening in 2023, and has cumulatively transported over11.71 millionHe emphasized that the project should be evaluated in terms of its social benefits rather than financial figures, and that it would create a large number of jobs and promote economic development along the route. He emphasized that project evaluation should take into account social benefits rather than focusing only on financial data, and reiterated China's willingness to continue to support high-quality operations.

The current points of contention between the parties include the 60-year option for the repayment termNo final confirmation.;Interest rate levels and local currency settlement possibilities to be determined;Indonesian delegation plans to travel to China soon to deepen discussions. This debt restructuring negotiation highlightsOngoing coordination between China and India in major project financing cooperationThe Chinese side's position, which is oriented towards social benefits, is in contrast to Indonesia's quest for better financial conditions.dynamic equilibriumThe

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