PT Kereta Api Indonesia, Indonesia's railway company raise IDR4.02 trilion loan from PT Bank Negara Indonesia Tbk and PT Bank Rakyat Indonesia Tbk. The banks have agreed to disburse Rp 4 trillion to PT KAI in syndicate loans. The company plans to use the fund for buy 144 units locomotif dan 2.400 units carriage railway. PT Kereta Api needs additional 2,400 carriage railway cand 144 locomotives until 2014 for its units in Java and Sumatra. The carriage railway will cost around IDR1.3 trillion and the locomotives IDR4 trillion.
144 units purchase locomotive consists of 50 units which will be operated in South Sumatra to optimize coal transportation and the other units for goods and passenger transportation in Java.
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