Indonesia’s US$20 Billion Bali LRT: Concerns Over China Reliance
Concerns Over China Reliance for Bali LRT
Indonesia's US$20 billion underground Light Rail Transit (LRT) project in Bali promises significant tourism benefits, yet it also casts a shadow with concerns about over-reliance on Chinese funding. Analysts caution that while the project is ambitious, its dependence on external financial resources could pose risks.
Traffic Challenges and Funding Questions
With the anticipated influx of tourists, potential traffic jams loom as a pressing issue. Financing intricacies and the sustainability of such a grand undertaking further complicate the discussion. Stakeholders must weigh the benefits against infrastructural strain.
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