Advanced Knowledge and Skills for Sustainable Growth Project (ADB-50395-006)

Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Specific Location
Aceh, Jambi, Riau, West Java
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
  • 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
Proposed
Bank Risk Rating
B
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.
Borrower
Republic of Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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)
$ 200.00 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)
$ 200.00 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)
$ 266.52 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 Mar 27, 2019

Disclosed by Bank Sep 27, 2018


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Project Description

According to the project document, the proposed project aims to support advanced skills and knowledge for sustainable economic growth in Indonesia by upgrading three public universities in Sumatra and one public university in Bandung, West Java, as the first phase of higher-education reform.

Furthermore, the project will support the construction of new facilities that incorporate green-building and climate-proofing design features and strengthen staff capacity at the universities and support demand-driven quality education and research.

It will integrate new technologies in teaching programs, strengthen technical and vocational teacher education, and help the government develop a medium-term higher-education investment plan.

Investment Description
  • Asian Development Bank (ADB)

Loan 3749-INO: Advanced Knowledge and Skills for Sustainable Growth Investment Project

Ordinary capital resources   US$ 200.00 million

Counterpart                         US$ 66.52 million

 

Contact Information

Executing Agencies

Ministry of Research, Technology and Higher Education
PINTU@RISTEKDIKTI.GO.ID
Building D, Jalan Jenderal Sudirman,
Pintu Satu, Senayan Jakarta 10270

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