Russian Railways and Indonesian Railways Co. sign memorandum of understanding
Russian Railways and PT Kereta Api Indonesia (Persero) signed a Memorandum of Understanding
in Moscow on 7 June 2016.
The memorandum between the public railway companies of Russia and Indonesia was
signed by Oleg Belozerov, President of Russian Railways, and Edi Sukmoro, President
of PT Kereta Api Indonesia.
The document provides for cooperation between the parties in the field of transport
construction, including joint participation in development projects for railway and
logistics infrastructure in Russia and Indonesia, cooperation in the field of transport
engineering and the exchange of experience and cooperation in the framework of projects
to attract private and foreign investment for railway development.
The memorandum also provides for possible cooperation between the parties on scientific
and technological cooperation and innovation, including the exchange of scientific
and technical information on railway transportation, cooperation in the framework
of research projects, the development of standards, technical exchanges and educational
During a meeting with the Indonesian delegation, the President of Russian Railways
Oleg Belozerov said that the RZD Holding attached great importance to cooperation
with Indonesian Railways.
"We would like to combine our capabilities. We see that we can apply our potential
in several areas," said Oleg Belozerov.
The President of PT Kereta Api Indonesia Edi Sukmoro said that Indonesian Railways
was interested in developing Indonesia's logistics network and expressed confidence
that cooperation with Russian Railways would contribute to achieving this goal.
The document is a framework agreement which envisages the creation of a working
group that will identify areas of mutually beneficial cooperation.