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[1] The company is a joint venture between PT Pilar Sinergi BUMN Indonesia (PSBI) by 60% and Chinese state-owned consortium company Beijing Yawan HSR Co. Ltd. by 40%. [ 1 ] [ 2 ] PSBI itself is a joint venture of Indonesian state-owned enterprises consists of Kereta Api Indonesia (51.37%), Wijaya Karya (39.12%), Jasa Marga (8.3%), and ...