TOKYO, Oct 9 (Reuters) - Japan is ready to provide $13billion of funding for infrastructure projects in Indonesia, itsaid on Tuesday, as it looks to capitalise on the SoutheastAsian nation's strong economic growth.
The investment is Japan's contribution to a jointly funded410 trillion rupiah ($42.75 billion) development plan for thegreater Jakarta area.
The countries identified 45 priority projects to becompleted by 2020 to improve the region's transport and energyinfrastructure, including a rapid transit rail system and a newport at Cilamaya.
Japan will finance its share mainly in the form ofdevelopment assistance, a Japanese trade ministry official said.
Eleven Japanese companies including trading house MitsubishiCorp , electronics conglomerate Hitachi Ltd ,and plant engineering firms JGC Corp and Chiyoda Corp
are already participating, the official said.
($1 = 9,591 Indonesian rupiah)
(Reporting by Kiyoshi Takenaka; Editing by John Stonestreet)
Keywords: INDONESIA JAPAN/