Jakarta (Antara Bali) - Australia will likely provide Au$60 million or about Rp640
billion to assist in the development of the livestock industry in
Indonesia, a capital investment official said.
"The assistance was discussed by both sides in an
Indonesia-Australia Partnership meeting on food security here today,"
Himawan Hariyoga Djojokusumo of the Investment Promotion of the Capital
Investment Coordinating Board (BKPM) said here on Thursday.
He said the fund was an initial offer from Australia and will be
used to develop the livestock industry at home and to attract more
investment from the federal state.
The BKPM official said the fund was expected to serve as a trigger
for investments and help to attract more funds from Australia.
"The fund was allocated to support the partnership concrete program
on food resilience," he said. It will also be used for human resource
development in the livestock sector.
He said the fund was expected to be allocated through the partnership program in the next ten years.
"This is still in the initial discussion stage. It will be
discussed first in detail. When it is officially agreed, it will be
announced," Himawan said. (WDY)
Australia to Assist Livestock Development in Indonesia
Jumat, 18 April 2014 8:24 WIB
The fund was allocated to support the partnership concrete program on food resilience"