HIGHSPEED RAILWAY CONTRACTOR CONSORTIUM. WIKA Tower Jl. D.I. Panjaitan Kav. 9 - 10, 13340 Jakarta - Indonesia LowonganProfessional Translator-HIGH SPEED RAILWAY CONTRACTOR CONSORTIUM . Professional Translator-HIGH SPEED RAILWAY CONTRACTOR CONSORTIUM Bekasi (Jawa Barat) - M Gold | Ditayangkan: 16-August-2019 | Tutup pada 15-September-2019. Power Construction Corporation of China (POWERCHINA) is a wholly China State-owned company founded on Sept 29, 2011. SiemensMobility and its consortium partners Orascom Construction and The Arab Contractors have signed a contract with the Egyptian National Authority for Tunnels (NAT), a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, to create the sixth largest high-speed rail system in the world. MainContractor(s): High-Speed Railway Contractor Consortium (HSRCC), a consortium between Indonesian company PT Wijaya Karya (30%) and several Chinese companies (70%), including China Railway International Co. Ltd, CREC, Sinohydro Corporation Limited, China Railway Design Corporation (another subsidiary of CR), CRRC Sifang Co. Ltd (a Vay Tiền Trả Góp Theo Tháng Chỉ Cần Cmnd. [1/2] An electric Multiple Unit high-speed train is seen during Hot Sliding Test in Tegalluar, Bandung, West Java province, Indonesia, May 19, 2023, in this photo taken by Antara Foto. Antara Foto/Raisan Al Farisi/via REUTERS JAKARTA, June 7 Reuters - Indonesia's transport ministry and three consultants have pushed back on a China-funded consortium's plan to start full commercial operations of the country's $ billion first high-speed train service in August, an internal document flagship project of President Joko Widodo - and part of China's Belt and Road Initiative BRI - the 142 km 88 miles line from capital Jakarta to the large city of Bandung being built by a consortium of Indonesian and Chinese state firms is already $ billion over the initial budget and four years behind smooth opening of the railway line, the most high-profile BRI project in Southeast Asia's largest economy, as part of Independence Day celebrations would be a shot in the arm for its ruling party ahead of a general election next year, analysts said."A further delay will only become ammunition for the opposition to attack," said Teuku Rezasyah, an international relations analyst at Padjadjaran University, adding that setbacks would taint China's credibility to develop and deliver big projects in the before its proposed commercial launch in August, the showpiece project is beset by fresh problems, with the consortium's Chinese participants wanting a full operational worthiness certificate for the line despite an incomplete station, a 48-page presentation reviewed by Reuters the transport ministry and consultants Mott MacDonald, PwC and local law firm Umbra have suggested that full-fledged commercial operations could start in January 2024, the "Progress Update" report dated May 14 shows."There is a risk that the target of commercial operations in August could be delayed to complete all construction by December 31," said the report, written in the local restructuring at PT Wijaya Karya Tbk WIKA - an Indonesian state-owned construction firm with an indirect minority stake in the consortium - is also hitting the working capital needs of the project, which has already accumulated at least $ million in outstanding payments, another internal document corporate secretary Mahendra Vijaya said the company had the financial capacity to finish the remaining work, but it also needed the consortium to pay it for work already is negotiating with China on an additional $560 million loan and asking for an interest rate of for the portion of the loan in yuan, which is lower than the China Development Bank CDB offer of according to a second set of documents dated May possibility of a further delay and other details in the two documents have not been previously Hario Seto, a senior official with the investment coordinating ministry, said debt negotiations were underway with CDB, focused on the interest railway plans to begin a free trial with passengers in mid-August, with paid trips expected in September and the incomplete station likely finished by November, he embassy in Jakarta directed questions on the date of operation and the issuance of certificate to the Indonesian government."Currently, the project is undergoing integrated test and commissioning," an embassy spokesperson said on declined to comment. China-backed consortium PT KCIC, Mott MacDonald, Umbra, CDB did not respond to requests for AND DOUBTSThe fresh loan is needed to help cover a $ billion cost KCIC was awarded the project in 2015 after lodging a cheaper proposal than a Japanese rival, with completion expected in 2019. But the project has been plagued by delays due to land ownership disputes, questions over its economic impact and the COVID-19 and cost blowouts are not uncommon in high-speed rail projects globally, including in Western KCIC expects it will take 40 years for its investment to become profitable, twice as long as initial estimates, an executive said last tickets on the line will cost up to 350,000 rupiah $ depending on the distance travelled, according to PT KCIC, nearly a quarter of the average Indonesian's weekly planned 45-minute train ride between Jakarta and Bandung compares with a car journey of two to three hours or the current three-hour rail with the terminal stations located outside the city centres, the high-speed rail line could struggle to attract the business passengers being targeted, said Sutanto Soehodho, a transportation analyst at the University of Indonesia."They value time and seek convenience," he said. "But if they need to transit again, why should they use it?"Locating the stations in central Jakarta and Bandung would have been too costly, ministry official Seto said.$1 = 14, rupiahReporting by Stefanno Sulaiman; Writing by Devjyot Ghoshal; Editing by Jamie FreedOur Standards The Thomson Reuters Trust Principles. Rome, June 6 Reuters - A Webuild-led consortium has won a tender worth billion euros $ billion to build a section of a new high-speed railway line in Sicily, the Italian construction group said on leads the consortium with a 75% stake, while Italian partner Ghella holds the remaining 25%.Under the contract, the consortium will build 30 kilometres of railway between Palermo and Catania - the two main cities in Sicily, an island that has long suffered from poor transport said the new line would cut travel times between Palermo and Catania from three hours to contract announced on Tuesday was awarded by Rete Ferroviaria Italiana RFI, part of state-controlled railways group Gruppo Ferrovie dello Stato Italiane.$1 = eurosReporting by Federica Urso, editing by Alvise Armellini and Jason NeelyOur Standards The Thomson Reuters Trust Principles. A high-speed train carries out a test run on the Jakarta-Bandung line in Tegalluar, Indonesia’s West Java province, last month. The railway had planned to begin a free trial with passengers in mid-August, but this could now be pushed back. Photo Antara Foto/Raisan Al Farisi via Reuters The 142km Jakarta-Bandung line, a high-profile belt and road project, is already US$ billion over its initial budget and four years behind schedule Indonesia’s transport ministry is now calling for the proposed commercial launch of the rail line to be pushed back from August this year to January Published 303pm, 7 Jun, 2023 Updated 312pm, 7 Jun, 2023 A high-speed train carries out a test run on the Jakarta-Bandung line in Tegalluar, Indonesia’s West Java province, last month. The railway had planned to begin a free trial with passengers in mid-August, but this could now be pushed back. Photo Antara Foto/Raisan Al Farisi via Reuters Rete Ferroviaria Italiana RFI and the Iricav 2 consortium led by the Webuild Group, have signed a EUR billion contract for the construction of the first section of Verona-Padua high speed line. The consortium comprises Webuild with a stake, Astaldi – and Hitachi Rail with a share of Under the contract, the consortium will be responsible for the construction of km high-speed rail section between Verona and Bivio Vicenza, crossing 13 municipalities, of which six in Verona province and seven in Vicenza. km of viaducts, km tunnels and 33 km elevations will be constructed as part of this first lot. The section, which will comprise a total investment of EUR billion, is expected to be completed in 2027. EUR 874 million is the awarded funding for the first phase as part of the contract, while the remaining EUR billion will be financed within the next 12 months. By quadrupling the existing railway, it will improve the quality of the train service and strengthen its links to a European network, helping reduce the impact on the environment as well as the number of road accidents. “We are very happy to start a new strategic project, this time for mobility in Veneto. It is another piece of infrastructure that we hope will involve a long supply chain, running from north to south,” Webuild Chief Executive Pietro Salini said. EUR billion is the needed investment for the construction of entire km high-speed line, of which EUR billion is the value available for the general contractor. The railway line will be constructed within two more lots. This involves a km section crossing of Vicenza as the second lot, and the Vicenza-Padua section which will have a length of km. The Verona-Padua high speed line is an important railway connection across the country’s northeast. Is part of the Milan-Venice high-speed connection, on the Mediterranean Corridor, the main east-west axis in the TEN-T Network south of the Alps, running from south-western Mediterranean region of Spain to the Ukrainian border. With the addition of the line between Milan and Venice to the national network, 75% of the Italian population will have access to high-speed rail service. To develop the high-speed railway network, RFI has also awarded this year, a contract for the second lot of Brescia Est – Verona line. Share on

high speed railway contractor consortium