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WB provides 224 million USD to help Indonesia improve public transport

The World Bank has approved a 224 million USD package for Indonesia’s Mass Transit (MASTRAN) Project.
WB provides 224 million USD to help Indonesia improve public transport ảnh 1Vehicles on a street in Jakarta, Indonesia (Photo: AFP/VNA)
Jakarta (VNA) – The World Bank has approved a 224 million USD packagefor Indonesia’s Mass Transit (MASTRAN) Project.

The project isaimed at improving transportation efficiency for Indonesia’s fast-growing urbanpopulations and provide public transportation alternatives to cars andmotorbikes.

Country Directorfor World Bank in Indonesia and Timor-Leste Satu Kahkonen said in a pressrelease on June 1 that as almost 60 percent of Indonesia's GDP comes from urbanareas, mobility in cities is crucial to ensuring economic competitiveness.

"Thisproject will strengthen the collaboration between Indonesia's central and localgovernments and improve the technical expertise needed to plan and operate urban transport systems. By upgrading the quality of public transportation, theproject will offer alternatives to motorcycles and cars and rein in pollutionand congestion," Kahkonen added.

In addition to support from the World Bank, theproject will receive financial support from the Indonesian government, Agencefrançaise de développement (AFD), and the private sector, bringing the totalfinancing to 364 million USD./.
VNA
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