The extension of the Jakarta - Bandung high-speed line to Surabaya would run via Kertajati, Purwokerto, Yogyakarta, Solo and Madiun.
“We also have a plan that this fast train will be connected to several transport nodes, for example with Kertajati Airport,” Sumadi said.
As well as cutting the journey time from Jakarta to Surabaya to just under four hours, the new high-speed line is expected to stimulate economic growth at several locations along its route.
The government intends to conduct a study involving international financial institutions such as the World Bank, Asian Development Bank (ADB) and Japan International Cooperation Agency (Jica), as well as external consultants.
He suggested a PPP model could be used as the government looks to deliver new infrastructure through alternative sources of financing.