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
- 04 Dec 2025 ABNR Advises on Indonesian Legal Aspects of Infinity Development Holdings’ Singapore IPO
- 24 Nov 2025 The Fourth Amendment to the SOE Law: Institutional Realignment and Strategic Reform
- 18 Nov 2025 At long last: Indonesia is set to issue a landmark crypto offering regime
- 14 Nov 2025 ABNR Advises Telkom Indonesia on USD 2.16 Billion Partial Spin-Off of Its Wholesale Fiber Connectivity Business and Assets
- 11 Nov 2025 ABNR Proudly Supports OSL Group’s Expansion into Indonesia’s Digital Financial Asset Markets through Its Acquisition of Koinsayang
- 10 Nov 2025 Electricity Infrastructure Acceleration: What’s New in PR 89/2025
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.