JAKARTA (Yosefardi) – Japan International Cooperation Agency (JICA) has signed loan agreements with the Government of the Republic of Indonesia to provide Japanese ODA loans of up to 77.137 billion yen for two projects.
That 2 projects are construction of Jakarta Mass Rapid Transit Project (II) and Engineering Services for Jakarta Mass Rapid Transit East-West Line Project (Phase I).
In recent years, the Indonesian economy has been sustained by domestic consumption and private investment. Since 2013, the decline in the international economy and other factors slightly decelerated the growth ratio of the real GDP to the 5% level, which is, however, expected to rise again in the medium-term.