ADB pledges to double funds for Indonesia, pushes for green recovery


Indonesia's oldest geothermal power plant (PLTP), the Kamojang plant in West Java, which has an installed capacity of 235 megawatts, is pictured in this undated photo. (PLN/PLN)

JAKARTA (The Jakarta Post/ANN): The Asian Development Bank (ADB) has pledged to double loan commitments to one of its biggest client countries this year to facilitate Indonesia’s economic recovery.

The Manila-based lender usually committed US$1 billion to $2 billion each year for Indonesia, mostly in infrastructure projects, particularly those related to energy, said ADB country director Winfried F. Wicklein on Wednesday.

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Asian , Development , Bank , Indonesia

   

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