[Ferro-Alloys.com]According to media report, Japan's Mitsubishi Sumitomo Group, one of the largest corporate conglomerates in Japan has entered an agreement with Indonesian Transportation Ministry's railway director in Jakarta for the investment of US$250 million project to construct an electric railway system and four track line connecting Bekasi and Cikarang in West Java later in October 2012.
Being instrumental in easing road congestion in Jakarta and surrounding areas, it is said this project would also include track modifications spanning 17 kilometers from Bekasi to Cikarang, new sub stations in several locations such as Buaran, Cakung and East Bekasi, an interlocking system in Manggarai, Jatinegara and Cipinang in Jakarta and telecommunications facilities along the Bekasi Cikarang section.
Being instrumental in easing road congestion in Jakarta and surrounding areas, it is said this project would also include track modifications spanning 17 kilometers from Bekasi to Cikarang, new sub stations in several locations such as Buaran, Cakung and East Bekasi, an interlocking system in Manggarai, Jatinegara and Cipinang in Jakarta and telecommunications facilities along the Bekasi Cikarang section.
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