Inclusive Growth through Improved Connectivity Program, Subprogram 2 (ADB-46093-004)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Closed
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 27, 2013
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 1,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1,000.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 5, 2018

Disclosed by Bank Apr 2, 2014


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Project Description

According to ADB website, the subprogram 2 will support the continuation of reforms on the second strategic pillar of the MP3EI achieved under the first subprogram. The government has implemented further reforms aimed at improving the policy, regulatory, financial, institutional, and business climate frameworks for connectivity and infrastructure development. A stronger enabling environment for domestic and international connectivity will in turn enable increased infrastructure investments by the public and private sectors to support sustainable higher and more inclusive economic growth. Now there is increased urgency to accelerate implementation of these reforms to accelerate connectivity improvement and infrastructure development in general as economic growth has started to slowthe protracted nature of the recovery of the global economy.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Implementing Agency: National Development Planning Agency (BAPPENAS)
Email Address: EDDYTK@BAPPENAS.GO.ID
Office Address: Jl. Taman Suropati No. 2, Jakarta 10310

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main