UK to help Indonesia develop infrastructure

UK Prime Minister David Cameron has pledged loans upto 1 billion GBP (1.6 billion USD) to Indonesian infrastructure projects during his meeting with Indonesian President Joko Widodo.
UK Prime Minister David Cameron has pledged loans upto 1 billion GBP (1.6 billion USD) to Indonesian infrastructure projects during his meeting with Indonesian President Joko Widodo.

As part of his ongoing four-day Asian tour, Cameron arrived in Indonesia on July 27.

Accordingly, a sewage treatment system worth 400 million GBP in Jakarta and geothermal power projects worth 66 million GBP will be invested in the near future.

The UK Government hopes the financing for the largest Southeast Asian economy can help increase Indonesia’s exports to the UK to 200 million GBP.

According to Cameron, there are highly promising opportunities for his country and Indonesia to forge links, especially in insurance, infrastructure development and services.

He expressed his hope to expand trade connections with other Southeast Asian nations to reduce the country’s dependence on other European economies.

The same day, the UK Prime Minister visited the Headquarters of the Association of Southeast Asian Nations in Jakarta and met with ASEAN Secretary General Le Luong Minh.

The UK PM’s visit to Indonesia, Singapore, Vietnam and Malaysia aims to step up economic cooperation and bolster links between the UK and the Southeast Asian region in countering Islamic extremism.-VNA

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