Karian Water Supply Project (IFC-44588)

Countries
  • Indonesia
Geographic location where the impacts of the investment may be experienced.
Specific Location
South Tangerang City, Banten Province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
PT KARIAN WATER SERVICES
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 120.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jun 19, 2023

Disclosed by Bank Feb 21, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's website, the PT Karian Water Services (KWS) "has been awarded a 34-year Public-Private Partnership (PPP) concession by the Government of Indonesia to develop and operate the 4,600L/s capacity Karian Water Treatment Plant (“WTP”) and approximately 20.2 km of transmission pipeline, situated in urban and peri-urban areas of South Tangerang City, Banten Province, Indonesia". The project seeks to assist "municipalities across Greater Jakarta to improve reliable access to safe drinking water for approximately 2 million people, reducing reliance on ground water extraction as a source of domestic and industrial water, and mitigate land subsidence in one of the world’s fastest sinking cities.  The construction of the project will be undertaken through a single EPC contract.  Works for the WTP are scheduled to commence in May 2023 and for the transmission pipeline in August 2023. Total project construction time is expected to be 30 months. The transmission pipeline will be built on existing rights of way (RoW), and construction will have limited and temporary impacts."

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

PT KARIAN WATER SERVICES
CHI HO SONG
PRESIDENT DIRECTOR
+62 81389285745
karian.cfo@gmail.com
Equity Tower Building, 42nd Floor Unit E, Jl. Jend. Sudirman Kav. 52-53, Jakarta Selatan, 12190

 

ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works