Competitiveness, Industrial Modernization and Trade Acceleration Program (ADB-53211-001)

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
Proposed
Bank Risk Rating
U
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
The Government of the Republic of Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
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)
$ 500.00 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)
$ 500.00 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)
$ 500.00 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 May 7, 2020

Disclosed by Bank Sep 30, 2019


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Project Description

According to the project document, the proposed Competitiveness, Industrial Modernization and Trade Acceleration program will provide support to the Government of Indonesia in promoting inclusive growth through structural transformation of the economy. The proposed program will address constraints to investment and improve the business climate at central and local levels, as well as promoting upgrading and diversification in the manufacturing sector.

Investment Description
  • Asian Development Bank (ADB)

Loan: Competitiveness, Industrial Modernization and Trade Acceleration Program 

Ordinary capital resources  US$ 500.00 million

Contact Information

Responsible ADB Department: Southeast Asia Department

Responsible ADB Division: Public Management, Financial Sector and Trade Division, SERD

Executing Agencies

Coordinating Ministry for Economic Affairs also known as Kementerian Koordinator Bidang Perekonomian (KKBP)
2nd Floor, Jl Lapangan
Banteng Timur 2-4
Jakarta Pusat 10710

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