Japan Issues ODA Loans to Vietnam and Indonesia

Japan announced separate official development assistance for two Southeast Asian countries, Indonesia and Vietnam.

The March 18 press release detailed Japan’s ODA loan worth USD845 million and grant of USD33.9 million for Indonesia. The loan will be used mainly to finance a string of infrastructure projects including the construction of power transmission lines between Sumatera and Java and a geothermal power plant in South Sumatera, and development of a final waste disposal site in the metropolitan area of South Sumatera’s Mamminasata region. The grant will go toward reconstruction of earthquake-affected schools in Padang, West Sumatra, and efforts to improve food security among farmers, conserve forests and enhance capacities to deal with climate change-related natural disasters.

A press release by the Japan International Cooperation Agency issued on the same day indicates an ODA loan for Vietnam worth USD285 million for transport infrastructure improvement in Hanoi and construction and rehabilitation of a national highway in the Mekong delta region in the south. According to JICA, Japan’s total ODA loans to Vietnam for fiscal 2009 have come to USD1.6 billion for 11 projects.

About the author

  • Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.