Irian seeks foreign funds

Irian seeks foreign funds

JAYAPURA (JP): The provincial administration of Irian Jaya
will seek foreign funds to finance the province's development
projects, a local official said on Wednesday.

FX Suryanto, a public relations officer at Irian Jaya's
Governor's office, said that the provincial administration would
cooperate with Jayapura-based PT Kqebs Krisnian Berkati (KKB) to
seek foreign funds.

"The memorandum of understanding on the cooperation with KKB
was signed in August," he said, adding that KKB's director Christ
Williamson had been assigned to raise the foreign funds.

Suryanto said that the funds would be distributed to private
companies through the Foundation for Irian Jaya Development, a
development agency recently established by the provincial
administration to help local enterprises.

"By doing so, jobs could be created for locals and the locals
could be educated to become skilled workers with the support of
foreign funds" he said. (34)