Indonesia Infrastructure Finance Facility

Abstract*

The objective of the Indonesia Infrastructure Finance Facility Project (IIFF) is to strengthen and further develop the institutional framework of the financial sector to facilitate financing of commercially viable infrastructure projects and thereby increase provision of private infrastructure in Indonesia. The project will have one component each from the Bank and the International Finance Corporation (IFC): an investment loan by the Bank that will... Show More

Development Objective

To strengthen the financial capacity of IIF to increase the access to private sector financing for infrastructure in Indonesia

Key Details

Project Details

Project ID
P092218
Status
Closed
Team Leader
Dara Lengkong
Borrower 2
Republic of Indonesia

Country
Indonesia
Disclosure Date
April 9, 2009
Approval Date
(as of board presentation)
June 24, 2009
Effective Date
April 25, 2011

Total Project Cost 1
US$ 100.00 million
Implementing Agency
PT Indonesia Infrastructure Finance,PT Sarana Multi Infrastruktur
Region
East Asia and Pacific
Fiscal Year 3
2009

Commitment Amount
US$ 100.00 million
Environmental Category
F
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2023

Last Stage Reached
BANK APPROVED
Last Update Date
July 16, 2024

Associated Projects
P154779

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Private Sector Development

FY17 - Business Enabling Environment50%
- FY17 - Investment and Business Climate50%
FY17 - Jobs17%
- FY17 - Job Creation17%
FY17 - Public Private Partnerships10%

FY17 - Urban and Rural Development

FY17 - Rural Development17%
- FY17 - Rural Infrastructure and service delivery17%
FY17 - Urban Development17%
- FY17 - Urban Infrastructure and Service Delivery17%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	100.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	100.00
IDA Commitment	N/A
IBRD + IDA Commitment	100.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	100.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 1, 2023	IBRD-77310	Int Charges	33,666.44
Nov 1, 2023	IBRD-77310	Int Charges	2,184,722.20
Dec 28, 2023	IBRD-87150	Loan Disb	1,243,385.00
Oct 1, 2023	IBRD-87150	Int Charges	46,762.26
Oct 1, 2023	IBRD-87150	Int Charges	5,433,519.50
Apr 1, 2024	IBRD-87150	Int Charges	6,891,436.00
Apr 1, 2024	IBRD-87150	Int Charges	10,822.93
May 1, 2024	IBRD-77310	Loan Repay	2,846,580.00
May 1, 2024	IBRD-77310	Int Charges	2,242,656.20
May 1, 2024	IBRD-77310	Int Charges	14,520.16
Apr 30, 2024	IBRD-87150	Loan Cancel	1,399,821.40
Oct 1, 2022	IBRD-87150	Int Charges	1,928,022.00
Oct 1, 2022	IBRD-87150	Int Charges	79,059.42
Nov 1, 2022	IBRD-77310	Int Charges	1,071,849.60
Nov 1, 2022	IBRD-77310	Loan Repay	2,636,832.00
Apr 1, 2023	IBRD-87150	Int Charges	55,684.07
Apr 1, 2023	IBRD-87150	Int Charges	4,326,900.00
May 1, 2023	IBRD-77310	Int Charges	68,791.02
May 1, 2023	IBRD-77310	Int Charges	1,838,799.90
May 1, 2023	IBRD-77310	Loan Repay	2,706,748.00
Nov 1, 2014	IBRD-77310	Int Charges	1,866.67
Nov 1, 2014	IBRD-77310	Int Charges	183,386.69
Jul 12, 2013	IBRD-77310	Loan Disb	31,218,528.00
Jul 12, 2013	IBRD-77310	Loan Disb	8,781,471.00
May 1, 2017	IBRD-77310	Int Charges	738,196.44
Nov 1, 2015	IBRD-77310	Int Charges	272,347.80
May 1, 2016	IBRD-77310	Int Charges	353,464.20
Nov 1, 2016	IBRD-77310	Int Charges	546,232.60
May 1, 2015	IBRD-77310	Int Charges	2,076.31
May 1, 2015	IBRD-77310	Int Charges	210,097.73
Jul 22, 2015	IBRD-77310	Loan Disb	2,700,000.00
Nov 1, 2013	IBRD-77310	Int Charges	86,022.21
Dec 3, 2013	IBRD-77310	Loan Disb	22,000,000.00
May 1, 2014	IBRD-77310	Int Charges	143,826.67
Apr 23, 2014	IBRD-77310	Loan Disb	20,000,000.00
Sep 25, 2014	IBRD-77310	Loan Disb	5,180,000.00
Apr 1, 2018	IBRD-87150	Int Charges	89,041.09
Apr 1, 2018	IBRD-87150	Int Charges	249,315.05
Nov 6, 2017	IBRD-87150	Fee Charges	500,000.00
Jul 31, 2017	IBRD-77310	Loan Cancel	120,000.00
Nov 1, 2017	IBRD-77310	Int Charges	857,636.25
May 1, 2020	IBRD-77310	Int Charges	1,041,504.06
May 5, 2020	IBRD-87150	Loan Disb	33,153,816.00
Apr 1, 2020	IBRD-87150	Int Charges	198,194.55
Apr 1, 2020	IBRD-87150	Int Charges	711,594.75
May 1, 2020	IBRD-77310	Loan Repay	2,337,192.00
May 1, 2019	IBRD-77310	Int Charges	1,518,046.80
May 1, 2019	IBRD-77310	Loan Repay	2,217,336.00
Apr 1, 2019	IBRD-87150	Int Charges	235,642.10
Apr 1, 2019	IBRD-87150	Int Charges	216,261.19
May 17, 2019	IBRD-87150	Loan Disb	20,868,114.00
Nov 1, 2019	IBRD-77310	Int Charges	1,420,333.00
Nov 1, 2019	IBRD-77310	Loan Repay	2,277,264.00
May 1, 2018	IBRD-77310	Int Charges	918,979.25
Nov 1, 2018	IBRD-77310	Int Charges	1,424,288.80
Nov 1, 2018	IBRD-77310	Loan Repay	2,167,396.00
Oct 1, 2018	IBRD-87150	Int Charges	250,684.92
Dec 26, 2018	IBRD-87150	Loan Disb	20,794,344.00
May 1, 2022	IBRD-77310	Int Charges	218,331.38
May 1, 2022	IBRD-77310	Loan Repay	2,576,904.00
Dec 6, 2021	IBRD-87150	Loan Disb	21,006,580.00
Apr 1, 2022	IBRD-87150	Int Charges	88,123.52
Apr 1, 2022	IBRD-87150	Int Charges	954,433.06
Nov 22, 2022	IBRD-87150	Loan Disb	25,767,126.00
May 1, 2021	IBRD-77310	Int Charges	240,233.23
May 1, 2021	IBRD-77310	Loan Repay	2,457,048.00
Apr 1, 2021	IBRD-87150	Int Charges	123,760.20
Apr 1, 2021	IBRD-87150	Int Charges	798,180.94
Nov 1, 2021	IBRD-77310	Int Charges	237,433.55
Nov 1, 2021	IBRD-77310	Loan Repay	2,516,976.00
Oct 1, 2021	IBRD-87150	Int Charges	889,772.60
Oct 1, 2021	IBRD-87150	Int Charges	105,389.58
Oct 1, 2020	IBRD-87150	Int Charges	164,179.30
Oct 1, 2020	IBRD-87150	Int Charges	834,119.90
Nov 1, 2020	IBRD-77310	Int Charges	506,307.10
Nov 1, 2020	IBRD-77310	Loan Repay	2,397,120.00
Dec 8, 2020	IBRD-87150	Loan Disb	41,102,424.00
Oct 1, 2019	IBRD-87150	Int Charges	205,039.08
Oct 1, 2019	IBRD-87150	Int Charges	729,370.25
Mar 24, 2017	IBRD-87150	Loan Commitment	200,000,000.00
Jun 24, 2009	IBRD-77310	Loan Commitment	100,000,000.00
Dec 19, 2023	IBRD-87150	Loan Disb	9,687,700.00
Oct 19, 2023	IBRD-87150	Loan Disb	24,976,690.00
Nov 1, 2023	IBRD-77310	Loan Repay	2,776,664.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2024-01-29
Procurement	Satisfactory	2024-01-29
Financial Management	Satisfactory	2024-01-29
Monitoring and Evaluation	Satisfactory	2024-01-29
Project Management	Satisfactory	2024-01-29
Overall Implementation Progress (IP)	Satisfactory	2024-01-29

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-24-2024
Outcomes	Highly Satisfactory
Risk to Development Outcome	Substantial
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 11-11-2024	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

The amount of financing from Bank funds provided by IIF to commercially viable infrastructure projects. Value 0.00 200.00 0.00
Date February 28, 2017 December 31, 2023
Comment
The amount of private capital supported by IIF relative to its own investment. Value 0.00 4.00 0.00
Date February 28, 2017 December 31, 2023
Comment

Number of infrastructure financing supported by IIF using innovative financing, such as: (i) rupiah financing; (ii) take out financing; (iii) maturity greater than 10 years.	Value	0.00	3.00	0.00
	Date	February 28, 2017	December 31, 2023
	Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Infrastructure sub-projects financed Value 0.00 7.00 0.00
Date February 28, 2017 December 31, 2023
Comment
Number of IIF advisory engagements Value 0.00 7.00 0.00
Date February 28, 2017 December 31, 2023
Comment

Infrastructure sub-projects financed	Value	0.00	7.00	0.00
	Date	February 28, 2017	December 31, 2023
	Comment

Number of IIF advisory engagements	Value	0.00	7.00	0.00
	Date	February 28, 2017	December 31, 2023
	Comment