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Canada launches second phase of local economy development project
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National Support for Enhancing Local and Regional Economic Development (NSELRED) project director Rino A. Sa’danoer speaks at the launch of the second phase of the responsive innovation fund (RIF II) project in Jakarta Aug. 7. (Courtesy of/Global Affairs Canada)
T
he Canadian government through its National Support for Enhancing Local and Regional Economic Development (NSELRED) has launched the second phase of its responsive innovation fund (RIF II) project to support regional governments to develop local economies.
Rino A. Sa’danoer, the project director of NSELRED, also known as the National Support for Local Investment Climates (NSLIC), said the RIF II project was expected to enhance local economies through widening business access for small and medium enterprises (SMEs) and cooperatives.
“The ultimate goal of the project is to create employment and to increase poor peoples’ income […] through the improvement of the investment climate and the development of local economies,” Sa’danoer said in his speech during the launch of the RIF II project in Jakarta on Tuesday.
The event was also attended by Global Affairs Canada senior development officer Jeffry Ong and representatives of related government institutions.
RIF projects will be implemented in 18 regencies and cities for three years from 2018 to 2020. RIF phase I projects have been implemented since April 1 in six regions.
Starting in July, the RIF team, the members of which consist of officials from the National Development Planning Borad (Bappenas) and technical ministries, selected the regions included in the RIF II by assessing proposals submitted by regional administrations. (rfa/bbn)
