44906-014: Proposed Loan to Indonesia Eximbank

Project Data Sheet (PDS): Overview


Description

The investment is expected to mitigate the foreign currency financing gap constraining Indonesian exporters; as term US dollar trade finance is limited, firms seeking to import capital equipment for manufacturing exports are restricted in their access to overseas technologies for energy efficiency, that are denominated in US dollars. The nonsovereign loan will pioneer energy efficiency finance through a $30 million tranche under the A-loan. The pilot investment will address existing exporter demand for manufacturing retrofits to comply with advanced processing standards in overseas markets. The remaining $70 million under the A-loan will be used to facilitate access for Indonesia Eximbank s existing and new clients to term US dollar trade finance, working capital, and refinancing, which includes shortening the maturity of the high-interest loans taken during the financial crisis. Similarly, the B-loan will help Indonesia Eximbank overcome its financing gap for US dollar term lending and meet exporter demand for term trade finance and working capital. Read More

Country Indonesia
Borrower/Equity Investment Name
Project Number 44906-014
Project Type or Modality of Assistance Private Sector Loan and Equity
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7327/2740
Approval Date 25 Mar 2011
Geographical Location Indonesia
Sector / Subsector Classification Not yet classified
/ For Classification
Thematic Classification Not yet classified
Safeguard Categories Environment: FI
Resettlement: FI
Indigenous People: FI

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Translated PDS

Responsible ADB Officer
Madeleine Varkay
Email contact

Responsible ADB Department
Southeast Asia Department

Responsible ADB Divisions
Public Management, Financial Sector and Trade Division, SERD

PDS Creation Date
06 Jul 2012

Last PDS Update
06 Jul 2012

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