Indonesia: Emergency Health Sector Project (AIIB-EMERGENCYHEALTH)

Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
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)
$ 250.00 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)
$ 250.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS May 11, 2020


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Project Description

According to bank documents, this proposed AIIB project will support the Republic of Indonesia's response to COVID-19.  

It will focus on: (1) immediate response to ensure health system readiness for testing, surveillance, prevention and treatment of COVID-19; and (2) medium-term response to strengthen country's health systems to enhance preparedness for future events, including potential new waves of the COVID-19. 

The project will be co-financed with the World Bank under Program For Results.

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
Contact Information

AIIB

Mr. Toshiaki Keicho / Sr. Investment Operations Specialist

toshiaki.keicho@aiib.org

 

World Bank

Ms. Camilla R. Holmemo / Program Leader, Indonesia and Timor-Leste World Bank

cholmemo@worldbank.org

 

Borrower

Mr. Scenaider C.H. Siahaan / Director of Loans and Grants, Ministry of Finance, Republic of Indonesia

direktoratph@kemenkeu.go.id

 

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM).  The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.