Wahyu Dwi Anggoro
IDXChannel - The Asian Development Bank (ADB) has approved an USD85 million loan to promote the development and profitability of the horticulture sector in Indonesia.
The Horticulture Development in Dryland Areas Sector Project will improve the climate resilience, sustainability, efficiency, and profitability of horticulture production in dryland areas located in several provinces across Indonesia. An estimated 25,000 poor and near-poor farmer households, including 5,000 women farmers, are expected to directly benefit from the project.
“The project comes at an opportune time for Indonesia, which is experiencing growing domestic demand for horticulture products and increasing threats due to climate change,” said ADB Country Director for Indonesia Jiro Tominaga in a media release on Tuesday (22/8/2023).
“By helping boost the productivity and resilience of the horticulture sector, the project will help increase employment opportunities and encourage new businesses in rural communities," he stated.
Indonesia’s horticultural sector faces several challenges, including access to quality and affordable seeds, inadequate infrastructure and technology, and insufficient logistics support. Improving horticulture in Indonesia is important to meet the country’s growing food needs and to help smallholder farmers profit from their plots of land.
