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
- 12 Jan 2026 Shareholding Electronic Reporting Goes Live: What the New Electronic System Means for Shareholding Reporting Obligations Under OJK Regulation No. 4 of 2024
- 09 Jan 2026 OJK Introduces Key Reforms to IPO Allocation and Investor Verification Under Newly Issued SEOJK 25/2025
- 07 Jan 2026 Government Regulation No. 34 of 2025: Asset Management Framework for Danantara
- 06 Jan 2026 Appointment of New Partners
- 22 Dec 2025 ABNR Assisted a Successful Listing of Seres Group Co. Ltd. on SEHK
- 17 Dec 2025 ABNR in Chambers Asia-Pacific 2026
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.

