Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

Switzerland to spend millions on development projects in RI

  • Stefani Ribka
    Stefani Ribka

    The Jakarta Post

Jakarta | Tue, February 7, 2017 | 01:36 pm
Switzerland to spend millions on development projects in RI Swiss Ambassador to Indonesia Yvonne Baumann and the head of economic development cooperation at the Embassy of Switzerland in Indonesia, Martin Stottele, pose for a photo at the Industry Ministry on Monday. (JP/Stefani Ribka)

Switzerland has allocated 75 million Swiss Franc (US$75.56 million) for various development projects in the 2017-2020 period to enhance bilateral relations with Indonesia.

The funds would be allocated to macroeconomics assistance, private sector development, infrastructure and trade, the head of economic development cooperation at the Embassy of Switzerland in Indonesia, Martin Stottele, said Monday after meeting Industry Minister Airlangga Hartarto.

Swiss Ambassador to Indonesia Yvonne Baumann said Switzerland was particularly keen on developing human resources in Indonesia’s manufacturing sector.

"In the past we've funded some schools and polytechnics here to improve the quality of vocational training. Now we want to do it again in the manufacturing sector, but on a larger scale," she said, declining to disclose details. 

(Read also: Minister sees Germany, Switzerland as models for vocational schools)

One of the ongoing projects is a program to develop tourism called "Wisata," through which Switzerland helps local people develop tourism in Flores in East Nusa Tenggara (NTT), Wakatobi in Southeast Sulawesi and Toraja in South Sulawesi.

At present, Switzerland as a member of the European Free Trade Association (EFTA) is negotiating with Indonesia on a Comprehensive Economic Partnership Agreement (CEPA). (lnd)

Comments