Project Name Competitiveness, Industrial Modernization, and Trade Acceleration Program, Subprogram 1
Project Number 53211-001
Country / Economy Indonesia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 4137-INO: Competitiveness, Industrial Modernization, and Trade Acceleration Program, Subprogram 1
Ordinary capital resources US$ 500.00 million
Loan: Competitiveness, Industrial Modernization, and Trade Acceleration Program, Subprogram 1
Export-Import Bank of Korea US$ 100.00 million
Loan: Competitiveness, Industrial Modernization, and Trade Acceleration Program, Subprogram 1
Japan International Cooperation Agency US$ 226.55 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
OP7: Fostering regional cooperation and integration
Sector / Subsector

Industry and trade / Industry and trade sector development

Public sector management / Economic affairs management

Gender Some gender elements
Description The proposed program is geared towards helping Indonesia achieve faster growth that is both inclusive and sustainable, in order to realize its development aspirations. The program comes at a critical time as the country tries to turn a corner on the COVID-19 pandemic and will focus on (i) creating an enabling environment for investments, (ii) easing barriers to trade, and (iii) growing and upscaling enterprises.
Project Rationale and Linkage to Country/Regional Strategy
Impact

Economic resilience for quality growth strengthened and disparities between regions reduced

Project Outcome
Description of Outcome

Competitiveness and investment-friendly business environment improved

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Creating an enabling environment for investments

Easing barriers to trade

Growing and upscaling enterprises

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Basnett, Yurendra
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Coordinating Ministry for Economic Affairs also known as Kementerian Koordinator Bidang Perekonomian (KKBP)
Timetable
Concept Clearance 31 May 2021
Fact Finding 05 May 2021 to 28 Jun 2021
MRM 23 Aug 2021
Approval 29 Oct 2021
Last Review Mission -
Last PDS Update 29 Oct 2021

LoanĀ 4137-INO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 Oct 2021 15 Dec 2021 04 Feb 2022 31 Dec 2022 - 31 Dec 2022
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 500.00 Cumulative Contract Awards
ADB 500.00 05 Apr 2023 500.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 05 Apr 2023 500.00 0.00 100%
 
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Source URL: https://www.adb.org/projects/53211-001/main