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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 2 sources · 17 days · First seen · Last updated
PT INKA rail wagon exports to New Zealand
Overview
Indonesian state-owned train manufacturer PT Industri Kereta Api (PT INKA) is fulfilling a contract to supply 340 Container Flat Top wagons to UGL Rail Service Pty Limited for use by KiwiRail in New Zealand.
In early August 2026, Indonesia's Export Financing Agency (LPEI) approved US$8.5 million in export-working-capital financing to support the project. LPEI Director Anton Herdianto stated the assistance aims to expand Indonesian manufacturing into global markets and strengthen domestic supply chains.
By late August 2026, PT INKA had shipped 120 wagons, bringing the total delivered for this specific project to 250 units, or approximately 73.5 percent of the order. The remaining 90 units are scheduled for shipment in November 2026. This project is part of a long-term partnership, with PT INKA having delivered 1,294 out of 1,504 total units ordered by UGL since 2021.
Entities
UGL Rail Service Pty Limited · Anton Herdianto · UGL · KiwiRail · PT Industri Kereta Api (PT INKA)
Timeline
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1 day ago
[BUSINESS] 2 sourcesPT INKA ships 120 wagons to New Zealand for UGL orderIndonesian state-owned manufacturer PT INKA has shipped 120 container wagons to New Zealand as part of a 340-unit order for Australia's UGL, marking a significant milestone in their ongoing partnership.
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18 days ago
[BUSINESS] 2 sourcesIndonesia Eximbank provides $8.5 million to PT INKA for New Zealand wagon exportIndonesia Eximbank approved US$8.5 million to PT INKA for a 340‑wagon contract with UGL Rail, destined for KiwiRail in New Zealand, with deliveries through 2026.
Sources
antaranews.com · bisnis.liputan6.com