The Prime Minister, Justin Trudeau, today announced $14.25 million in funding to strengthen infrastructure development in Indonesia, in order to promote sustainable economic growth and reduce poverty in the country.
Canada is partnering with the World Bank, through the Accelerating Sustainable Public-Private Investments for Infrastructure Renewal (ASPIRE) project, to assist Indonesia in preparing the legal and regulatory groundwork required for critical public-private partnership (P3) infrastructure projects. This includes the establishment and operationalization of a P3 Centre in Indonesia.
The announcement was made on the margins of the G20 Leaders’ Summit, following the Prime Minister’s bilateral meeting with Indonesian President Joko Widodo.
Quotes
“Canada’s economic growth was made possible by building ambitiously. Our government believes that modern infrastructure is one of the key ingredients of a healthy economy-it creates jobs, makes economies more competitive, and strengthens our communities. With the project announced today, Canada will help Indonesia kick-start some critical infrastructure projects, promoting employment and growth, and reducing poverty.” – Rt. Hon. Justin Trudeau, Prime Minister of Canada For the full article click here
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