Company History

2015

  • PT KCIC is established based on deed No. 86 dated October 16, 2015 and was approved by the Minister of Law and Human Rights of the Republic of Indonesia in Letter Number AHU-2461647 AH.01.01.11 of 2015 dated October 20, 2015.

2016

  • Project Jakarta-Bandung High-Speed Railways designated as one of the government's National Strategic Projects in Presidential Regulation No. 3 of 2016 concerning the Acceleration of National Strategic Projects.
  • The Minister Transportation of the Republic of Indonesia issued and stipulated the Jakarta - Bandung High-Speed Train.
  • First milestone of the Jakarta-Bandung Fast Train Project by President Joko Widodo in the Mandalasari tea plantation, Maswati, Cikalongwetan, West Bandung Regency, West Java.
  • Ministry of Transportation and PT KCIC signed an agreement (Concession Agreement) for the Jakarta-Bandung Fast Train project.
  • Ministry Perhubungan menerbitkan izin pembangunan Kereta Cepat Jakarta-Bandung secara utuh sepanjang 142,3km.

2017

  • Agreed on the Facility Agreement for Infrastructure Financing and Means of the Jakarta-Bandung High-Speed Railway in Beijing, China between PT KCIC and the China Development Bank. The signing of the agreement was witnessed by the heads of state, President Joko Widodo and President Xi Jinping.

2018

  • The signing of the cooperation contract with Cars Dardela Joint Operation (CDJO) as the supervisor of the Jakarta-Bandung Fast Train Project construction.
  • The signing of the Halim land use agreement for the Jakarta-Bandung High-Speed Railway station and tract.