Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Project

ADB pledges 600 mln USD loans for Indonesia's food resiliency program

May 22, 2017


Abstract : The Asian Development Bank (ADB) has approved a loan of 600 million U.S. dollars to support Indonesia's food resiliency program, which would be focused on finance enhancement of irrigation system for the farmers.

JAKARTA, May 19 (Xinhua) -- The Asian Development Bank (ADB) has approved a loan of 600 million U.S. dollars to support Indonesia's food resiliency program, which would be focused on finance enhancement of irrigation system for the farmers.

The fund assistance was expected to help Indonesian government to reduce poverty in rural areas of 74 districts across the country, a statement released by ADB said here on Friday.

"The aim (of the assistance) is to improve the incomes and livelihoods of these rural communities, as well as to help Indonesia achieve a sustainable and more productive irrigated agriculture," ADB Water Resources Specialist Eric Quincieu said in the statement.

The loan is also expected to encourage farmer participation in managing water distribution system in their communities.

The assistance would adopt high-level technologies as well as measures to tackle impacts of climate change so to improve irrigation service. Enditem

Scan the QR code and push it to your mobile phone

Keyword: ADB-loan-Indonesia-food-resiliency-program

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial