The China National Machinery Import Export Corporation (CMC),
together with Indonesia’s Panghegar Group, will fund a 992 million USD
project to build a monorail system in Indonesia’s West Java province.
The West Java provincial administration and CMC recently signed
a Memorandum of Understanding (MoU) on the project, which aims at
developing transportation in Greater Bandung, including Bandung city
and five regencies and cities around Bandung city.
The MoU also
mentioned cooperation in drafting the Greater Bandung Metropolitan
master plan, drawing up the feasibility study for the monorail
construction, conducting environmental analysis and engineering design
details for the project.-VNA