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Jakarta Post

City to move on projects to create employment

  • Tifa Asrianti

    The Jakarta Post

Jakarta   /   Wed, October 29 2008   /  10:59 am

In anticipation of a looming global financial crisis and mass layoffs, the city administration says it will push forward several labor-intensive projects. Governor Fauzi Bowo said his administration would expedite projects that create employment, in a bid to soften the blow to Jakarta from the economic downturn. "We will accelerate the budget disbursement and start projects such as river dredging, subway construction and school operational funds. It will be a pro-poor policy because it will create jobs," he said. "The city budget may only be 10 percent of the regional domestic product, but it is still the economic motor. So once it's disbursed, we expect the work to start rolling in." The city administration is planning to dredge Jakarta's rivers and waterways to tackle flooding. One of the projects is the dredging of 12 waterways,...