Indonesia: Competitiveness, Industrial Modernization, and Trade Acceleration Program, Subprogram 1

Sovereign Project | 53211-001

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 Details

  • Project Officer
    Basnett, Yurendra
    Southeast Asia Department
    Request for information
  • Approval Date
    29 October 2021
  • Country
    Indonesia
  • Sector
    • Public sector management
Project Name Competitiveness, Industrial Modernization, and Trade Acceleration Program, Subprogram 1
Project Number 53211-001
Country Indonesia
Project Status Approved
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
KfW Bankengruppe US$ 354.25 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Industry and trade / Industry and trade sector development

Public sector management / Economic affairs management

Gender Equity and Mainstreaming 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)
[email protected]
2nd Floor, Jl Lapangan
Banteng Timur 2-4
Jakarta Pusat 10710
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

Loan 4137-INO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 Oct 2021 - - 31 Dec 2022 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 954.25 Cumulative Contract Awards
ADB 500.00 29 Oct 2021 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 454.25 29 Oct 2021 0.00 0.00 0%

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Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

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Contracts Awarded

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Procurement Plan

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