Indonesian Ministry of Finance to Take Over Whoosh High-Speed Rail Operator Amid Debt Restructuring
Indonesia is currently navigating a critical pivot in its infrastructure strategy, prioritizing a comprehensive Whoosh financial restructuring to ensure the long-term viability of its flagship high-speed rail project. The government has signaled that the ambitious expansion of the rail corridor toward East Java is now contingent upon the successful financial stabilization of the project’s operator, … Read more
