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
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
