News
23 October 2019
$100m ADB loan to boost private infrastructure investment in Indonesia
Region:
Asia-Pacific
The Asian Development Bank has approved a $100 million financial intermediary loan to Indonesia to help catalyze private sector investments in infrastructure projects.
Under the Leveraging Private Infrastructure Investment Project, the government will onlend the ADB loan proceeds to PT Indonesia Infrastructure Finance through PT Sarana Multi Infrastruktur, a state-owned enterprise. SMI and IIF provide project finance, advisory services, guarantees, and project development support to infrastructure projects.
The loan will support projects in health, renewable energy, telecommunication and transportation sectors.
