Indonesian Political, Business & Finance News

ADB to lend RI $32 million

| Source: Agence France-Presse

ADB to lend RI $32 million

MANILA (AFP): The Asian Development Bank (ADB) said here
yesterday that it had approved a 32-million-dollar loan to
Indonesia for a conservation project.

The loan will go to protecting the 227,000-hectare (560,690-
acre) Lore Lindu national park in Central Sulawesi and to
improving the livelihood of the 117 rural villages in the area
adjoining the park, the Manila-based ADB said in a statement.

The project will involve promoting economic development that
is environmentally sound and beneficial for both the local
population and the park, the ADB said.

More from 29 January 1998 โ†’

Cite this article
Source: jawawa.id (https://jawawa.id/newsitem/adb-to-lend-ri-32-million-1447893297)
Originally published by Agence France-Presse
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