Monday, 28 July 2008

Foreigners could become railway operator

The government gives the opportunity to the foreign companies to invest in railway sectors following the end of operator monopoly of railway by PT Kereta Api (KA). The government has a new regulation for the railway sectors (UU No. 23/2007). Directorate General of Railway from the Ministry of Transportation, Wendy Aritenang, said that according to the regulation, the foreign private sectors are allowed to invest as railway operators. (Bisnis Indonesia, Tue May 27, p. R5)

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