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According to IFC website, SIS Group of Schools is a private K-12 education institution in Indonesia with 8 campuses located in several cities in Indonesia, including Jakarta, Medan, Semarang, Cilegon and Palembang. SIS is planning to refurbish some of its existing campus buildings, to build up its corporate capabilities and to further expand its operations to other cities in Indonesia and other ASEAN countries should such opportunities arise. The following areas to which the project is set to have development impact:
1. Increase availability and quality of K-12 education in Indonesia
2. Improve quality of local teachers in Indonesia
3. Employment generation
The project main sponsor is Abraaj, a private equity fund manager investing in growth markets across Asia, Africa, Latin America, Turkey and the Middle East. Founded in 2002, Abraaj currently manages c. US$ 9.5 billion across regional, sector and country-specific Funds. It has realized approximately US$ 5.4 billion from over 80 full and partial exits, and Funds managed by Abraaj have made over 140 investments across various sectors including consumer, energy, financials, healthcare and utilities.
Project Contact: Oliver Anderson
Office Address: Corporate Office, SIS Group of Schools
Jl. Bona Vista Raya, Lebak Bulus, Jakarta Selatan – 12440, Indonesia
Telephone No.: +62 21 759 14414 | Fax : +62 21 759 144 24
Email Address:oliver@sisschools.org
ACCOUNTABILITY MECHANISM OF IFC
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/