ADB lends 150 mln USD to improve Indonesia's digital infrastructure

JAKARTA, March 10 (Xinhua) -- The Asian Development Bank (ADB) has provided a 150-million-U.S.-dollar loan to internet service provider PT Link Net Tbk (Linknet) to help improve Indonesia's digital infrastructure and broadband service quality, the bank said on Tuesday.

ADB said the financing will also strengthen Linknet's financial position and support further investment in the fiber-optic broadband market as the company shifts toward a business-to-business model.

The investment will expand Linknet's fiber-to-the-home network, improve broadband quality, and help boost small business participation in the digital economy, while also supporting Indonesia's climate goals through the use of energy-efficient technologies and upgraded network assets, according to ADB. ■