World Bank Pledges USD139 Mln to Handle Flood Risks in Jakarta - KOMPAS.com

World Bank Pledges USD139 Mln to Handle Flood Risks in Jakarta - KOMPAS.com: "JAKARTA, KOMPAS.com - The World Bank has pledged US$139.64 million in loans to help the Jakarta administration mitigate flood risks in the capital.

The World Bank and the Jakarta administration officially launched a Jakarta Urgent Flood Mitigation Project (JUFMP) also known as Jakarta Emergency Dredging Initiative (JEDI) on Monday, the World Bank said in a press statement released on Monday. Under the project, the Jakarta administration planned to rehabilitate several sections of water flows in the capital. About 67.5 km of 11 sections of main canal and 65 hectares of four dams in the capital would be dredged to restore their actual capacity, the statement said."

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