President Prabowo Subianto has officially appointed Agus Harimurti Yudhoyono (AHY), currently serving as the Coordinating Minister for Infrastructure and Regional Development, as the new Chairman of the Committee for the Jakarta-Bandung High-Speed Train. This strategic move aims to enhance the effectiveness and oversight of one of Indonesia’s most ambitious infrastructure projects.
This significant appointment is formalized through Presidential Regulation Number 29 of 2026, which marks the Second Amendment to Presidential Regulation Number 107 of 2015 concerning the Acceleration of Jakarta-Bandung High-Speed Rail Infrastructure and Facilities. The regulation explicitly highlights the necessity of adjusting the committee’s membership to enhance the effectiveness of its critical mandate, with the decree officially enacted on Tuesday, May 12, 2026.
AHY steps into this pivotal role, succeeding Luhut Binsar Pandjaitan, who previously served as the Coordinating Minister for Maritime Affairs and Investment during President Joko Widodo’s administration within the Indonesia Maju Cabinet. The latest Presidential Regulation also introduces a refreshed roster of committee members, all serving within President Prabowo Subianto’s ‘Merah Putih Cabinet.’ Notably, the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) is also included in this crucial body, underscoring its importance in the project’s financial and strategic management.
Under Article 3A of the regulation, Coordinating Minister for Economic Affairs Airlangga Hartarto has been designated as the Vice Chairman of the Committee, bringing extensive economic expertise to the forefront. The expanded committee members now include Minister of Finance Sugiono, Minister of Finance Purbaya Yudhi Sadewa, Minister of Investment and Downstreaming Rosan Perkasa Roeslani, Minister of Agrarian Affairs and Spatial Planning Nusron Wahid, Head of the State-Owned Enterprises Regulatory Agency Dony Oskaria, and Rosan Perkasa Roeslani, who also serves as the Head of BPI Danantara, ensuring a comprehensive and multidisciplinary approach.
The primary responsibilities of this committee encompass crucial decision-making, particularly in addressing potential cost overruns for the Jakarta-Bandung high-speed train project. These duties include agreeing upon and/or determining the necessary measures to resolve joint venture obligations should significant cost increases or changes arise. This scope extends to pivotal aspects such as modifications in the joint venture’s ownership structure and the adjustment of terms and amounts for loans received by the joint venture, ensuring financial stability and accountability.
Furthermore, the committee is tasked with defining the forms of government support available to mitigate the joint venture’s liabilities in scenarios involving cost overruns for the Jakarta-Bandung high-speed rail project. Such support mechanisms include the planned state capital injection into the leadership consortium of state-owned enterprises (SOEs) specifically for the high-speed rail initiative. Additionally, it involves providing government guarantees for the obligations of the SOE consortium leadership, if deemed necessary, to ensure the adequate fulfillment of capital requirements for the ambitious Jakarta-Bandung high-speed train project, thereby safeguarding its progress.
The new regulation explicitly states that it will come into effect on the date of its promulgation, ensuring immediate implementation of the committee’s enhanced structure and responsibilities.
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Summary
President Prabowo Subianto has appointed Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono (AHY) as the new Chairman of the Jakarta-Bandung High-Speed Train Committee. This appointment, formalized under Presidential Regulation Number 29 of 2026, replaces former official Luhut Binsar Pandjaitan and introduces a refreshed roster of members from the Merah Putih Cabinet. The restructured committee aims to improve the oversight and strategic management of this major infrastructure project through a multidisciplinary approach.
The committee is primarily responsible for addressing financial challenges, including potential cost overruns and the restructuring of joint venture obligations. Its mandate involves determining government support mechanisms, such as potential state capital injections and guarantees for the state-owned enterprise consortium. These measures are designed to ensure the project’s financial stability, accountability, and continued progress following the regulation’s immediate implementation.