ADB to Support Indonesia in Education Sector, Accelerated Investment, Sustainability
Asian Development Bank
The Asian Development Bank (ADB) will provide support to Indonesia as Indonesia is a shareholder country that also has a large contribution to the ADB, Coordinating Minister for Economic Affairs Airlangga Hartarto said.
“The ADB is committed to continuing to help Indonesia in education sector, accelerated investment, and sustainability,” the Coordinating Minister answers reporters’ questions, at the courtyard of the State Palace, Jakarta, Tuesday (3/3).
Airlangga went on to say that the ADB provides many policy supports for several public policies and will also encourage activities related to education and infrastructure.
The ADB, according to him, has also encouraged Indonesia to play a role, particularly in South-South cooperation, including the BIMP-EAGA (Brunei, Indonesia, Malaysia, the Philippines East ASEAN Growth Area) and the IMT-GT (Indonesia-Malaysia-Thailand Growth Triangle).
“Other countries can learn from Indonesia regarding public policy, one of which is related to accelerated infrastructure. And 2% of the ADB staff and experts are from Indonesia,” Airlangga said.
Airlangga further explained that the ADB also supports the implementation of economic transformation carried out by President Joko “Jokowi” Widodo through Omnibus draft bill on job creation and taxation.
“The ADB will provide training, funding support and others,” he said.
Regarding new capital city, the ADB has several experts to help carry out tenders, for example, which can also be used by the Indonesian Government. Thus far, the ADB has always contributed to development in Indonesia and one of the financial institutions which is consistent to continue to provide support, Airlangga added.
Airlangga also explained that funding for the development of new capital is 20% from the State Budget, 80% from a government-to-business cooperation (KPBU) scheme, Government business entities or the PPP (public private partnership). (FID/EN)
Translator: Muhardi
Reviewed by: Mia Medyana Bonaedi
