Prabowo Appoints AHY to Lead High-Speed Rail Committee

President Prabowo Subianto has appointed Agus Harimurti Yudhoyono (AHY), the Coordinating Minister for Infrastructure and Regional Development, to lead the committee for the Jakarta-Bandung high-speed rail project. This decision is formalized in Presidential Regulation No. 29 of 2026, which amends previous regulations concerning the project's infrastructure and facilities.

The regulation, enacted on Tuesday, May 12, 2026, states that the adjustment in committee membership is necessary for effective oversight. AHY takes over from Luhut Binsar Pandjaitan, who previously held the position as Coordinating Minister for Maritime Affairs and Investment under President Joko Widodo's administration. The new "Red and White Cabinet" under Prabowo Subianto also sees other members appointed to the committee, including representatives from the Investment Management Agency (BPI Danantara).

According to Article 3A, the Deputy Chairman of the committee is Airlangga Hartarto, the Coordinating Minister for Economic Affairs. The committee members include the Minister of Finance Sugiono, Minister of Finance Purbaya Yudhi Sadewa, Minister of Investment and Downstreaming Rosan Perkasa Roeslani, Minister of Agraria and Spatial Planning Nusron Wahid, Head of the State-Owned Enterprises Regulatory Agency Dony Oskaria, and the Head of BPI Danantara, Rosan Perkasa Roeslani.

The committee's responsibilities are critical, focusing on resolving issues related to the joint venture's obligations, particularly concerning cost overruns in the high-speed rail project. This includes determining adjustments to ownership stakes within the joint venture and modifying loan terms. Furthermore, the committee will decide on the form of government support, such as state capital injections or government guarantees, needed to manage project finances and ensure its completion.