Japan's aid for boats

Japan's aid for boats

JAKARTA (JP): Japan will provide 1.625 billion yen (US$16.36 million) and Rp 10.37 billion ($4.68 million) to aid Indonesia in its procurement of four navigation boats, an official says.

"The aid, to be provided under a soft loan financing scheme through the Overseas Economic Cooperation Fund, will cover the costs of designing and engineering the planned boats, the procurement of materials and navigation facilities, as well as the training of crew members," said Sudarman Sellong, president of PT Dok & Perkapalan Surabaya, the state-owned company hired to construct the boats.

Sudarman signed a contract yesterday with Director General of Sea Transportation Soentoro, which stipulates that construction of the boats will be completed within 19 months.(fhp)