State-Owned Enterprises (SOE) Minister Erick Thohir said that the SOE Ministry was ready to inject funds into PT Industri Kereta Api or INKA in order to produce New Rolling Stock. The fund is around IDR 3 trillion ($200 million) for the first step. SOE has mapped out that there has to be additional capital for INKA to anticipate the growth of the railroad, and the addition of new rail carriages.
INKA’s factory in Banyuwangi, which is operated together with the Swiss Stadler company to supply the needs of railroad cars in Southeast Asia.
Now and in the future, Indonesia will need a lot of rolling stock to supply new train lines and replace old ones that are no longer fit for operation.
