Indonesian Political, Business & Finance News

WB lends RI $234m for road projects

| Source: REUTERS

WB lends RI $234m for road projects

WASHINGTON (Reuters): The World Bank said on Tuesday it had
loaned Indonesia $234 million toward a road project in northern
Sumatra, as well as $103.5 million toward an education project in
West Java.

"(The road project) aims to improve transport efficiency and
accessibility within the four provinces of the northern Sumatra
region and adjacent regions, as a contribution to the
government's efforts toward efficient and equitable regional
development," the World Bank said in a statement.

The Java education project "will help improve the health
status of the population through the provision of more accessible
and affordable quality health services," the IMF added.

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