Banda Aceh, Aceh (ANTARA News) - Aceh province has received Rp20 trillion in development funds from the central government to expand and accelerate economic development, Aceh Deputy Governor Muhammad Nazar said.

The assistance was part of efforts to develop Indonesia into the world`s seventh largest economy, he said here on Sunday.

He said the aid had been put in the plan for the expansion and acceleration of Indonesia`s economic development until 2045, he said.

"Of the total, Rp3.5 trillion has been used to build a hydro power plant in Peusangan, Central Aceh district. The project is scheduled for completion in 2015," he said.

He said the funds would also be used to build an international port at Krueng Geukuh, North Aceh district, a Lampulo port in Banda Aceh, and Idi port, East Aceh district, as well as to finance a development project in the province`s western coast.

"God willing, the development projects will be started next year," he said.

He said the aid would also be used to build a rubber factory, palm oil industry and the agricultural sectors.

Hopefully, Aceh would become an agro province and be able to speed up its economic growth in 2014 and 2015, he said.

Therefore, he expressed his belief that Aceh endowed with fertile land and water sources would contribute to the Indonesian economic growth outside the oil and gas sector.

"Hopefully, Aceh`s economic growth will reach seven to eight percent. The development projects will also reduce Aceh`s unemployment rate," he said. (*)

Editor: Kunto Wibisono
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