Integrated Infrastructure Development for National Tourism Strategic Areas (Indonesia Tourism Develo (WB-P157599)

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
A
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
May 30, 2018
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
Government of Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
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)
$ 300.00 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)
$ 772.90 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 12, 2018

Disclosed by Bank Jun 1, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

The project objective is to improve the quality of, and access to, tourism-relevant basic infrastructure and services, strengthen local economy linkages to tourism, and attract private investment in selected tourism destinations in Indonesia. The project's components include 1.Increase institutional capacity to facilitate integrated and sustainable tourism development, 2.Improve tourism-relevant road quality and basic services accessibility, 3. Promote local participation in the tourism economy, 4. Enhance the enabling environment for private investment and business entry in tourism.

Investment Description
  • World Bank (WB)

Cofinancing:

Borrower US$ 470.80 million

Trust Funds US$ 2.1 milion

Indonesia-AUSAID TF for Insfrastructure Support US$ 2.1 million
Contact Information
World Bank
Bertine Kamphuis
Senior Private Sector Specialist
 
Borrower/Client/Recipient
Ministry of Finance
Luky Alfirman
Director General of Budget Financing
 
Implementing Agencies
Regional Infrastructure Development Agency, Ministry of Public Works and Housing
Hadi Sucahyono
Head of Strategic Area Development Center
 
Directorate General Highways, Ministry of Public Works and Housing
Sri Hartoyo
Director General Highways (Cipta Karya)
 
Directorate General Human Settlements, Ministry of Public Works and Housing
Arie Setiadi Mowewanto
 

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