WB lends RI $234m for road projects

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.