WASHINGTON, KalderaNews.com – More than 2,8 million Indonesians will benefit from better roads and access to basic services as a result of a new project that seeks to develop Indonesia’s tourism sector. The World Bank’s Board of Executive Directors today approved a US$300 million loan to improve tourism-relevant basic infrastructure and services, strengthen local economy linkages to tourism, and attract private investment.
“If planned and managed well, tourism can generate large employment and income multipliers for Indonesia. Better basic infrastructure and visitor spending can generate significant economic impacts in areas that have limited pathways to shared prosperity,” said Rodrigo A. Chaves, World Bank Country Director for Indonesia and Timor-Leste to KalderaNews.
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