JAKARTA (Yosefardi) – The government Investment Center (PIP) has provided Rp83.5 billion loan to Bulukumba Regency for the development of Haji Andi Sulthan Daeng Radja public hospital.

The five-year loan, signed on September 20, 2013, carries interest rate of 9.25% per annum with grace period of 18 months.

Bulukumba government needs bigger capacity of the hospital to accommodate demands for higher services related to the national and regional healthcare security program.

Established in December 2006, PIP provides direct investment and long-term financing to accelerate development of public infrastructure in the country.