Comments by "Peter Jacobsen" (@pjacobsen1000) on "Is Indonesia’s China-backed bullet train worth the hype?" video.

  1. Average cost of high speed rail projects in different parts of the world: -China: US$ 30 million/km -Europe: US$ 40 million/km -Jakarta-Bandung high speed rail: US$ 51 million/km
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  2. Average cost of high speed rail projects: -China: US$ 30 million/km -Europe: US$ 40 million/km -Jakarta-Bandung high speed rail: US$ 51 million/km
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  3.  @godlect4979  "The uneaten grapes are always sour." I'm merely listing the cost of HSR in different countries. This is useful information for everyone. As for my country, it is too small to justify 350 km/h trains. We've recently completed a new line, but only designed for speeds up to 250 km/h. We designed and built it ourselves, and paid for it ourselves, no foreign loans. Cost: USD 24 million/km. Plans for future expansion are underway. We like to build our own top-class infrastructure, we are fully capable of it, and we have the money to do it.
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  4.  @carkawalakhatulistiwa  "are you sure about hs2 England". I wrote average. Some lines are more expensive, some are cheaper. That is also the case in China.
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  5.  @pwjfk250  "US cost$ 105 billion dollars for 520 miles". I'm not aware that the US has any high speed rail. What are you referring to?
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  6.  @VanDuc-hm6sp  Yes, they have wasted a huge amount of money. Fortunately, in Europe we do much better. We invented high-speed rail, after all. Oh, and we also invented maglev. Oh, and we invented the railway at the very beginning. And we invented metro systems. We also built the first railways in China, Vietnam, India.
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  7.  @自然醒-b9j  If you're too lazy to translate your comment, you are surely too lazy to search for information by yourself.
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  8. People curious about the financials, here is some of it: Primarily funded by two Chinese loans totaling USD 3.97 billion: 1) A USD 2.3805 billion loan at 2.0% interest, to be repaid over 40 years 2) A CNY denominated loan worth USD 1.587 billion at 3.46% interest, to be repaid over 40 years. Both loans are by China Development Bank, with security agent being ICBC (Industrial and Commercial Bank of China).
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  9. If the money comes from inside the country, it cannot be a debt trap.
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