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Monday, November 27, 2006

Infrastructure Development in Indonesia: Moving Forward

C. Lawrence Greenwood Jr.,

Vice-President
Asian Development Bank

Indonesia Infrastructure Conference and Exhibition
1 November 2006
Jakarta

I. Introduction

Your Excellency, President Susilo Bambang Yudhoyono, Honorable Ministers, Excellencies, Chairperson of this session, ladies and gentlemen. It is a pleasure to join you for the Indonesia Infrastructure 2006 Conference and Exhibition.

I would like to begin by congratulating the Government of Indonesia for its initiative in advancing Indonesia’s infrastructure development through this important conference. As the Government well knows, investing in decent roads, water supplies, energy, telecommunications and other basic infrastructure services is vital to sustain economic growth and improve people’s standards of living.

We at the Asian Development Bank are proud to be partners in Indonesia’s development efforts. Since its first loan to Indonesia in 1969, ADB has provided more than $20 billion in cumulative development assistance, with a significant share of that assistance going to infrastructure.

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