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.”