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Wednesday, November 26, 2008

Eight Foreign Funded Projects to be Delayed

Wednesday, 26 November, 2008 | 19:44 WIB 

TEMPO Interactive, Jakarta:The government is putting on the back burner eight projects which were to be funded by grants from overseas, due to a review of the 2006 - 2009 National Development Planning Board’s (BAPPENAS) blue book. The eight projects were proposed by the departments of Transportation, Agriculture, Industry and the Wajo Regency administration in South Sulawesi. 

While the National Education Department had planned to work on a project valued at US$ 115 million, the Agriculture Department proposed a US$ 15 million project. The Transportation Department was also working on a Rp 1,42 trillion and US$ 7,2 million projects, while the Wajo administration was opting for the Wajo Agri Center Development Project. 

The revised blue book is taking in 134 projects – valued at US$ 8 billion -- proposed by the ministries/agencies. Around 73 project proposals worth US$ 7,2 billion and 61 others for technical assistance are valued at US$ 8 billion. The project proposals came from institutions, departments, provincial and local administrations and state-owned enterprises. 

HARUN MAHBUB


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