Canada extends aid to RI

Canada extends aid to RI

JAKARTA (JP): Canadian Ambassador Lawrence T. Dickenson and
Minister of Cooperatives and Small Enterprises Subiakto
Tjakrawerdaya yesterday signed an accord for the implementation
of a private enterprise project.

The project, with a Canadian contribution of Rp 8 billion
(US$3.4 million), recognizes that the private sector is the
engine of growth in Indonesia and stresses broadening the
participation of small and medium enterprises in the economy, the
Canadian embassy said in a statement.

The goal of the private enterprise project is to promote
Indonesia's continuing economic development by enhancing the
management capacity of small and medium-sized enterprises. The
project will try to strengthen business links between small and
medium enterprises in the two countries.

The project takes a unique approach, since the activities will
be directed towards Indonesian linkages between small and medium
enterprises which are current or potential partners of joint
ventures with Canadian firms. (icn)