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. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.

In 2016, Indonesia received $532.9 million loan cofinancing from the governments of Germany and Japan, and the Clean Technology Fund for four investment projects; and $17 million grant cofinancing from the Strategic Climate Fund for one investment project.

Indonesia: Projects Cofinanced, 1 January 2012–31 December 2016

Cofinancing No. of Projects Amount ($ million)
Projectsa 19 7,577.96
 Grants 5 80.78
 Official loans 12 3,129.35
 Commercial cofinancing 4 4,367.83
Technical Assistance Grants 31 81.98

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

Investment Projects Cofinanced for Indonesia, 1 January 2012–31 December 2016

Project ADB Amounta ($ million) Cofinancing Amount ($ million) Type of Cofinancingb
Community-Focused Investments to Address Deforestation and Forest Degradation 17.00 G
Coral Reef Rehabilitation and Management Program—Coral Triangle Initiative 45.52 8.00 G
Electricity Grid Strengthening—Sumatra Program 575.00 525.00 O
Fiscal and Public Expenditure Management Program—Subprogram 1 500.00 224.00 O
Inclusive Growth through Improved Connectivity Program—Subprogram 2 400.00 600.00 O
Java–Bali 500-Kilovolt Power Transmission Crossing 224.00 82.00 O
Metropolitan Sanitation Management Investment 80.00 88.83 G/O
Microfinance Risk Participation and Guarantee Program 2.08 2.08 C
Muara Laboh Geothermal Power 70.00 39.25 O
Polytechnic Education Development 75.00 4.95 G
Rantau Dedap Geothermal Development Phase 1 50.00 O
Sarulla Geothermal Power Development 250.00 920.10 C/O
Stepping Up Investments for Growth Acceleration Program—Subprogram 1 400.00 245.00 O
Stepping Up Investments for Growth Acceleration Program—Subprogram 2 500.00 224.60 O
Sustainable and Inclusive Energy Program—Subprogram 1 400.00 950.00 O
Tangguh LNG Expansion 400.00 3,245.00 C
Trade Finance Program 228.93 300.65 C
West Kalimantan Power Grid Strengthening 49.50 51.50 G/O

– = nil, LNG = liquefied natural gas, SME = small and medium enterprise.
a Loan, grant, or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official loan cofinancing.