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 Indonesia HSR making RM261 million loses in, first half 2025

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killdavid
post Aug 21 2025, 07:32 AM

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Ticket pricing problem.
Make it cheaper or it becomes white elephant
killdavid
post Aug 21 2025, 07:51 AM

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QUOTE(MR_alien @ Aug 21 2025, 07:39 AM)
HSR cannot be cheaper
if u priced it cheaper, it's gonna be an even worse bailout

like i mentioned many times before, almost no HSR in this world break even...all will need bailout
but malaysians keep wanting it built here laugh.gif

it's a nice thing to have if you have extremely excess amount of money like china
*
We all know these endeavors lose money. But why do it in the first place ? To serve people's needs to travel and stimulate economic growth.
If the ticket is expensive, you serve no one and lose money
If ticket is affordable, you serve people and lose money.

So which is the objective?

This post has been edited by killdavid: Aug 21 2025, 07:52 AM
killdavid
post Aug 21 2025, 08:29 AM

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QUOTE(hoonanoo @ Aug 21 2025, 08:27 AM)
our national budget deficit is large.

our tax rates are lowest, only 10% pay taxes

our SST can't do shit.

Petronas revenue down.

you want to add more to the national debt with a HSR ?

sure stimulate economy, but how much revenue in terms of taxes can that bring in? Its difficult to forecast.
*
Hello friend, we talking about Indonesia case. Already built. So what next ?
killdavid
post Aug 21 2025, 08:47 AM

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QUOTE(DarkNite @ Aug 21 2025, 08:42 AM)
Next is become the classic example of pitfalls of HSR, amount of debts expected and what to avoid?
*
Please give the solution to this conundrum.

If the ticket is expensive, you serve no one and lose money
If ticket is affordable, you serve people and lose money.


When people judge it is more viable to take the bus than ECRL, then what revenue are you making ? Are you serving people or creating more carbon footprint and wasting energy ?

 

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