Indonesia: Cofinancing

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, other concessional financing, and commercial financing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB's Trade Finance Program.

By the end of 2014, cumulative direct value-added (DVA) official cofinancing for Indonesia amounted to $3.52 billion for 43 investment projects and $184.9 million for 94 technical assistance projects. Cumulative DVA commercial cofinancing for Indonesia amounted to $2.04 billion for eight investment projects.

In 2014, Indonesia received $290.0 million loan cofinancing from the Government of Germany, the ASEAN Infrastructure Fund, and the Clean Technology Fund; and $48.8 million grant cofinancing from the Government of Australia.

Indonesia: Projects Cofinanced, 1 January 2010–31 December 2014

Cofinancing No. of Projects Amount
($ million)
Projectsa 15 2,761.71
 Grants 6 68.53
 Official loans 9 1,179.50
 Commercial cofinancing 3 1,513.68
Technical Assistance Grants 37 134.93

a A project with more than one source of cofinancing is counted once.

Investment Projects Cofinanced for Indonesia, 1 January 2010–31 December 2014

Project ADB
Amounta
($ million)
Cofinancing
Amount
($ million)
Type of
Cofinancingb
Citarum Watershed Management and Biodiversity Conservation 50.00 3.75 G
Coral Reef Rehabilitation and Management Program-Coral Triangle Initiative 45.52 8.00 G
Inclusive Growth through Improved Connectivity Program, Subprogram 2 400.00 600.00 O
Java-Bali 500-Kilovolt Power Transmission Crossing 224.00 25.00 O
Java-Bali Electricity Distribution Performance Improvement 50.00 51.00 O
Metropolitan Sanitation Management Investment 80.00 88.83 G/O
Polytechnic Education Development 75.00 4.95 G
Rantau Dedap Geothermal Development (Phase 1) - 50.00 O
Regional Roads Development 180.00 65.00 O
Sarulla Geothermal Power Development 250.00 100.00 O
Stepping Up Investments for Growth Acceleration Program - Subprogram 1 400.00 200.00 O
West Kalimantan Power Grid Strengthening 49.50 51.50 G/O
Indonesia Eximbank 100.00 100.00 C
Trade Finance Programc 439.40 593.58 C
Sarulla Geothermal Power Development Project 250.00 820.10 C

-= nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing.
c The $1 billion limit for ADB’s Regional Trade Finance Program (TFP), approved by the Board of Directors in 2009, is the maximum exposure the TFP can assume at any one point in time. This limit has never been breached. Although greater than $1 billion in 2010–2014, the TFP exposure was not breached because TFP maturities tend to be short—less than 180 days on average—and TFP exposure can revolve (be reused) within a year. The TFP also distributes risk exposures to various partners that leverage its capital resources.

 

 
This page was generated from http://www.adb.org/countries/indonesia/cofinancing on 04 August 2015