Switzerland to spend millions on development projects in RI

Switzerland to spend millions on development projects in RI


Jakarta — Switzerland has allocated 75 million Swiss franc (US$75.76 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 the economic and development cooperation at the Embassy of Switzerland in Indonesia, Martin Stottele, said Monday (06/02) after meeting with 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 the details.  One of the  on going projects is a program to develop tourism called “Wisata” through which Switzerland helps local people to 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).

Source: thejakartapost