Indonesia Infrastructure Finance Facility - Additional Financing (WB-P154779)

Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
FI
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
Mar 24, 2017
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
REPUBLIC OF INDONESIA. PT. Indonesia Infrastructure Finance
The holder of the loan, grant, or other investment.
Sectors
  • Finance
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)
$ 200.00 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 @ WB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Dec 1, 2014


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Project Description

The objective of the Project is to strengthen and further develop the institutional framework of the financial sector to facilitate financing of commercially viable infrastructure projects and thereby increase provision of private infrastructure in Indonesia. Key performance indicators to judge PT. 

IIF's success includes the following outcomes:

(i) increase in the number of commercially viable infrastructure projects achieving financial closure through long-term debt financing, other financial products, and advisory services from the IIFF over the life of the project;

(ii) Increase in the amount of private capital (including long-term debt and equity) available for infrastructure projects over the life of the project;

(iii) Increased support to government#s policymaking in private provision of infrastructure through advisory services from IIFF; and

(iv) Increase in privately financed infrastructure in Indonesia.

Investment Description
  • World Bank (WB)
Contact Information

1/World Bank Contact:

Christopher Juan Costain

Title: Lead Financial Sector Specialist

Tel: 1-202-473-94

Email: jcostain@worldbank.org

Contact: Kalpana Seethepalli

Title: Senior Financial Sector Economist

Tel: 5720+71251

Email: kseethepalli@worldbank.org

2/Borrower/Client/Recipient

*There is no further information being revealed at this stage of the project*

3/Implementing Agencies

Name: PT. Indonesia Infrastructure Finance

Contact: Nur Hydiawati Rahayu

Title: Head of Center for Planners Development, Education, &Training

Tel: 31928280

Email: pusbindiklatren@bappenas.go.id

VIII. For more information contact:

The World Bank 1818 H Street, NW Washington, D.C. 20433

Telephone: (202) 473-1000

Web: http://www.worldbank.org/projects

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.