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Aceh Economic Development Financing Facility

Abstract*

The development objective of the Aceh Economic Development Financing Facility Project for Indonesia is to promote post-tsunami economic recovery and foster sustainable equitable long-term economic development in Aceh in line with the Government of Aceh's (GoA's) own plans for economic development (RPJMD). There are two components to the project. The first component of the project will support specific activities designed to promote economic recovery...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objective of the Economic Development Financing Facility is to assist the province of Aceh and the local and provincial governments to improve opportunities for private business and private sector jobs and to continue fostering sustainable equitable long term economic development in Aceh.

Key Details

Project Details

  • P109024

  • Closed

  • Alexandra L. Drees-Gross

  • N/A

  • Indonesia

  • October 22, 2008

  • (as of board presentation)

    December 16, 2008

  • March 30, 2009

  • US$ 50.00 million

  • B

  • Not Applicable

  • November 30, 2012

  • BANK APPROVED

  • February 21, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Single Purpose Trust Fund 50.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 50.00
Total Project Cost** 50.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2012-11-02
Project Management Moderately Satisfactory 2012-11-02
Overall Implementation Progress (IP) Moderately Unsatisfactory 2012-11-02
Overall Safeguards Rating Satisfactory 2012-11-02
Counterpart Funding Satisfactory 2012-11-02
Monitoring and Evaluation Satisfactory 2012-11-02
Procurement Moderately Unsatisfactory 2012-11-02
Financial Management Moderately Unsatisfactory 2012-11-02
Overall Safeguards Rating Satisfactory 2012-11-02

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 05-31-2013
OutcomesModerately Unsatisfactory
Risk to Development OutcomeHigh
Bank PerformanceModerately Unsatisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-28-2014PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeSignificantN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualityUnsatisfactoryN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Employment generatedValue0.0034163.0025000.00
    DateMarch 30, 2012June 30, 2012
    CommentBased on EDFF Quarterly Report

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Private Sector Support: Enterprises supportedValue0.00318.00350.00
    DateDecember 31, 2010September 30, 2012June 30, 2012
    CommentEnterprises are supported in cocoa, coffee, patchouli, rice, emping, fisheries and livestock.
  • Effective Project Management: Capacity of implementing agencies builtValue10.0013.000.00
    DateMarch 30, 2009September 27, 2012
    CommentThe implementing agencies initially assigned 10 full time staff and consultants to the project.12 PMU and 1 KPDT staff involved in implementation of the project full time. KPDT also has 4 part time consultants and 1 parttime staff.
  • Public Infrastructure: Infrastructure builtValue0.00203.000.00
    DateDecember 31, 2010September 28, 2012
    CommentCompleted infrastructure includes learning centers, nurseries, jetty, hatchery, zooplankton facility, warehouse for warehousereceipts system.
  • Public Infrastructure: Infrastructure built being used by intended beneficiariesValue0.00100.000.00
    DateDecember 31, 2010September 27, 2012
    CommentAll infrastructure built to-date is being used by the intended beneficiaries.
  • Effective Project Management: Sub-projects successfully implementedValue0.0050.000.00
    DateDecember 31, 2010September 27, 2012
    Comment8 sub-projects approved.Swisscontact, CCA, CCR, ADF, and IOM sub-projects have broadly been implemented successfully, according to most recent monitoringreports.
  • Private Sector Support: Farmers and fishermen communities supportedValue0.0034163.000.00
    DateDecember 31, 2010September 30, 2012
    CommentThe project directly supports both marine and aquaculture fishermen; livestock, rice, patchouli, cocoa, and coffee farmers.Indirectly, the project supports more than 100,000 beneficiaries.