The fund will contribute to Indonesia’s job growth by backing established, growing companies in the finance sector, and possibly also companies active in health care, education, and agribusiness. Through investments in the finance sector, NEP V may help address the underpenetration of financial services in Indonesia and Southeast Asia, and improve availability of capital for small and medium-sized enterprises (SMEs).
The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.
This document dated November 2021 is provided for the ADB regional project 55214-001.