WB, ADB support Indonesia energy, infrastructure

WB, ADB support Indonesia energy, infrastructure

The World Bank has announced provision of more than $10 billion to support Indonesia’s energy and infrastructure development. Meanwhile the Asian Development Bank has approved $600 million for the state-owned power producer.

The WB funding will focus primarily on supporting national infrastructure programs, increasing sustainable energy, and building the maritime economy to improve connectivity. The ADB funding will help Sumatra achieve an electrification rate of 90% by 2019.

“The electricity sector has been growing in Indonesia, but has not been able to keep pace with demand Reliability and stability of the system continue to decrease, as the periodic blackouts that occurred in Sumatra and Java show, “said Rehan Kausar, of the ADB.

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