China and Japan are contending for a deal to construct a bullet train system in Indonesia.
Both of them are bidding for a project that means the construction of a 150-kilometer high-speed railway between Jakarta and Indonesia's fourth-largest city of Bandung.
Japan has handed over a feasibility study on the railway to Indonesia in 2011, while China supplied a similar report in July.
Both proposals includes similar terms that center on a 40-year credit loan, but Japan's offer of a 0.1% interest rate is slightly lower than China's.
The size of the loan, the interest rate, total spending, after-sales services, technical schemes and projected construction time are all variables that could influence the decision regarding the project.
Both of them are bidding for a project that means the construction of a 150-kilometer high-speed railway between Jakarta and Indonesia's fourth-largest city of Bandung.
Japan has handed over a feasibility study on the railway to Indonesia in 2011, while China supplied a similar report in July.
Both proposals includes similar terms that center on a 40-year credit loan, but Japan's offer of a 0.1% interest rate is slightly lower than China's.
The size of the loan, the interest rate, total spending, after-sales services, technical schemes and projected construction time are all variables that could influence the decision regarding the project.