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 |
|
||||||||||||
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 |
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% |