WB approves 125 mln USD to support Indonesia’s dam upgrades
The World Bank (WB) has approved a 125-million-USD financial aid package to support the Indonesian government in upgrading dams across the country, reported Jakarta Globe on March 2.
Sermo Dam in Indonesia. (Photo: ADB)Jakarta (VNA) – The World Bank (WB) has approved a 125-million-USD financial aid package to support the Indonesian government in upgrading dams across the country, reported Jakarta Globe on March 2.
It was estimated that the project will benefit about 11 million people living around the sites.
The second phase of the Dam Operational Improvement and Safety Project (DOISP) is set for July to December 2022.
“The WB’s continued partnership with Indonesia to improve dam safety will protect millions of Indonesians residing around the dams,” WB Country Director for Indonesia Rodrigo Chaves said in a statement on February 28.
The Asian Infrastructure Investment Bank (AIIB) will co-finance the project with an additional 125 million USD, while the Indonesian government allocate to it 50 million USD.
“The rehabilitation and upgrades of dam facilities and improvement of dam operation and safety management are essential to enhance water security, reduce risks and increase the use of the limited water resources,” said Marcus Wishart, a senior water resources management specialist at the WB.
This is the second project in Indonesia co-financed by the WB and AIIB. In July last year, the bank supported the National Slum Upgrading Project in the country.
According to the Public Works and Housing Ministry’s medium term strategic plan, Indonesia plans to build 65 new dams across the country and renovate 46 existing one by 2019.-VNA
You should also see
Hanoi ceremony celebrates 70th anniversary of Geneva Agreement
The Ministry of Foreign Affairs held a ceremony in Hanoi on April 25 to mark 70 years since the signing of the Geneva Agreement on the Cessation of Hostilities in Vietnam - an important milestone in the struggle for national liberation of the Vietnamese people and a great victory of the Vietnamese diplomatic sector.
See more
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
World
Danger warning issued for Thailand’s Bangkok as extreme heat bites
Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
ASEAN
UK supports ASEAN’s economic integration
The UK delegation to ASEAN held a seminar in Jakarta, Indonesia on April 24 to discuss the ASEAN-UK economic integration programme.
