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All Journal Educenter: Jurnal Ilmiah Pendidikan Pena Jangkar Balanting : Jurnal Pengabdian Kepada Masyarakat Balanting EDUCENTER JURNAL PENDIDIKAN
Fathulliansyah, Noor
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Religion Arts Humanities Control & Systems Engineering Economics, Econometrics & Finance Education Health Professions Industrial & Manufacturing Engineering Library & Information Science Social Sciences Other

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China's high-speed rail project as a debt trap? lessons learned from Sri Lanka's bankruptcy situation Dewantara, Bachtiar; Pawar, Avinash; Ramdhany, Muhamad Arief; Fathulliansyah, Noor; Loupias, Henry H.
Educenter : Jurnal Ilmiah Pendidikan Vol. 4 No. 1 (2025): Educenter: Jurnal Ilmiah Pendidikan
Publisher : ARKA INSTITUTE

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55904/educenter.v4i1.1673

Abstract

Speed Rail (KCIC) project, developed under China’s Belt and Road Initiative (BRI). The research addresses the urgency of assessing whether large-scale infrastructure projects financed through bilateral loans risk creating long-term debt dependency, drawing lessons from Sri Lanka’s Hambantota Port case. The objectives are to evaluate the potential of the KCIC to drive economic growth while identifying financial vulnerabilities, and to explore how such insights can contribute to civic education and policy literacy in Indonesia. A qualitative descriptive case study approach is applied, using secondary data from government reports, academic literature, and credible media sources, framed within dependency theory and the debt-trap diplomacy discourse. Findings reveal that although the KCIC has potential benefits for connectivity and investment attraction, significant cost overruns and reliance on long-term foreign loans may expose Indonesia to fiscal risks similar to those experienced by Sri Lanka. Policy recommendations include diversifying financing sources, enhancing project governance, and embedding infrastructure analysis into public policy and strategic leadership education. These measures can strengthen national capacity to negotiate and manage large-scale infrastructure projects, aligning economic development with sustainable sovereignty.
Co-Authors Andri Ali Wardhana Ariansyah, Wahyu Akbar David Bastian Sihombing Dewantara, Bachtiar Gifta, Marianus George Juhrani, Juhrani Kamsariaty Loupias, Henry H. Lutfillah, Muhammad M. Arief Ramdhany Masnun Masnun Melson, Oktoberian Noor, M. Irfan Pawar, Avinash Prihatin Prihatin, Prihatin Rahmadana Putri Safitri , Riani Saifuddin Amir Sihombing, David Bastian Silam, Veby Senopati Susi Herawati Suwestian, M.Firdaus Syahbudin, Akhmad Veby Senopati Silam Wardhana, Andri Ali