ABNR advises Indonesian Rail Operator on USD 49-million Train Set Order
We would like to congratulate our valued client, PT Kereta Commuter Indonesia (KCI), a subsidiary of Indonesia’s state rail operator, PT Kereta Api Indonesia (Persero) (KAI), on their signing of a contract for the procurement of 3 new electric train sets from CRRC Sifang, Co. Ltd., one of the oldest railway rolling stock manufacturers in China.
The contract, which was signed in Beijing on 31 January 2024, is valued at more than Rp 783 billion (approx. USD 49,404,102), with the new rolling stock expected to be delivered later in 2024 and 2025.
The ABNR team that worked on the project was headed by partner Ayik C. Gunadi, and included partner Rita Taufik, and associates Abdurachman Alatas, Regina Cinda, Diva Cintatya, Beverly Laza and Joshua Situmeang.
More Legal Updates
- 14 Aug 2025 “What does it really take to become a corporate lawyer?”
- 11 Aug 2025 2-Year Rule and Abandoned Land: Authority, Process, and Consequences
- 04 Aug 2025 Breaking Barriers in the Courtroom: ABNR’s Ulyarta Naibaho Named to ALB Asia Super 50 Disputes Lawyers 2025
- 29 Jul 2025 ABNR Advises PT Samudera Indonesia Tbk (SMDR) on IDR500 Billion Phase II Sukuk Ijarah Issuance for Strategic Maritime Expansion
- 21 Jul 2025 Empowering Indonesia’s Rail Future: ABNR Acts on Landmark Financing for KAI’s Fleet Modernization
- 24 Jun 2025 ABNR Named Best Full-Service Law Firm in Indonesia by Hukumonline
NEWS DETAIL
12 Feb 2024
ABNR advises Indonesian Rail Operator on USD 49-million Train Set Order
We would like to congratulate our valued client, PT Kereta Commuter Indonesia (KCI), a subsidiary of Indonesia’s state rail operator, PT Kereta Api Indonesia (Persero) (KAI), on their signing of a contract for the procurement of 3 new electric train sets from CRRC Sifang, Co. Ltd., one of the oldest railway rolling stock manufacturers in China.
The contract, which was signed in Beijing on 31 January 2024, is valued at more than Rp 783 billion (approx. USD 49,404,102), with the new rolling stock expected to be delivered later in 2024 and 2025.
The ABNR team that worked on the project was headed by partner Ayik C. Gunadi, and included partner Rita Taufik, and associates Abdurachman Alatas, Regina Cinda, Diva Cintatya, Beverly Laza and Joshua Situmeang.