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Manila-based The Asian Development Bank (ADB) has approved a loan of worth $ 100 million to the Government of Indonesia for various infrastructure projects.

Details provided below:

  • Accelerating infrastructure investment is a medium-term development priority for the Indonesian government
  • “This loan will help mobilize private sector investment to build and finance much-needed infrastructure projects,” said ADB Director for Indonesia, Winfried F. Wicklein. “ADB assistance will help meet infrastructure financing needs in Indonesia and raise the quality and standards of infrastructure projects.”

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