Indonesia Infrastructure Guarantee Fund Project

Abstract*

The development objective is to strengthen the Indonesia Infrastructure Guarantee Fund (IIGF) Project as a single window institution to appraise infrastructure Public Private Partnership (PPP) projects requiring government guarantees. There are two components to the project. The first component of the project is Word Bank (WB)-Supported IIGF Guarantees. The Project will provide US$25 million to support IIGF in issuing its own IIGF guarantees for qualifying... Show More

Development Objective

To strengthen the Indonesia Infrastructure Guarantee Fund (IIGF) as a single window institution to appraise infrastructure PublicPrivate Partnership (PPP) projects requiring government guarantees.

Key Details

Project Details

Project ID
P118916
Status
Closed
Team Leader
Shyamala Shukla
Borrower 2
Republic of Indonesia

Country
Indonesia
Disclosure Date
June 14, 2012
Approval Date
(as of board presentation)
September 11, 2012
Effective Date
June 12, 2013

Total Project Cost 1
US$ 79.60 million
Implementing Agency
PT Penjaminan Infrastruktur Indonesia (Persero)
Region
East Asia and Pacific
Fiscal Year 3
2013

Commitment Amount
US$ 29.60 million
Environmental Category
A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2018

Consultant Services required
No
Last Stage Reached
BANK APPROVED
Last Update Date
July 16, 2024

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 Environment15%
- FY17 - Investment and Business Climate15%
FY17 - Jobs8%
- FY17 - Job Creation8%
FY17 - Public Private Partnerships10%

FY17 - Urban and Rural Development

FY17 - Rural Development8%
- FY17 - Rural Infrastructure and service delivery8%
FY17 - Urban Development68%
- FY17 - Municipal Finance20%
- FY17 - Urban Infrastructure and Service Delivery48%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	29.60
Borrower/Recipient	50.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	29.60
IDA Commitment	N/A
IBRD + IDA Commitment	29.60

Lending Instrument
Grant Amount	N/A
Total Project Cost**	79.60

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

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 15, 2024	IBRD-81920	Int Charges	25,367.19
Mar 15, 2024	IBRD-81920	Int Charges	6,401.26
Mar 15, 2024	IBRD-81920	Int Charges	22,966.57
Mar 15, 2024	IBRD-81920	Int Charges	7,428.09
Mar 15, 2024	IBRD-81920	Int Charges	26,489.22
Mar 15, 2024	IBRD-81920	Int Charges	22,637.45
Mar 15, 2024	IBRD-81920	Int Charges	22,053.05
Mar 15, 2024	IBRD-81920	Int Charges	101.33
Mar 15, 2024	IBRD-81920	Int Charges	363.55
Mar 15, 2024	IBRD-81920	Int Charges	117.59
Mar 15, 2024	IBRD-81920	Int Charges	401.56
Sep 11, 2012	IBRD-81920	Loan Commitment	29,600,000.00
Mar 15, 2023	IBRD-81920	Int Charges	5,782.22
Mar 15, 2023	IBRD-81920	Int Charges	20,619.90
Mar 15, 2023	IBRD-81920	Int Charges	17,621.61
Mar 15, 2023	IBRD-81920	Int Charges	17,166.67
Mar 15, 2023	IBRD-81920	Int Charges	892.69
Mar 15, 2023	IBRD-81920	Int Charges	224.01
Mar 15, 2023	IBRD-81920	Int Charges	808.22
Mar 15, 2023	IBRD-81920	Int Charges	259.95
Mar 15, 2023	IBRD-81920	Int Charges	932.19
Mar 15, 2023	IBRD-81920	Int Charges	795.64
Mar 15, 2023	IBRD-81920	Int Charges	775.10
Mar 15, 2023	IBRD-81920	Int Charges	19,746.47
Mar 15, 2023	IBRD-81920	Int Charges	4,982.90
Mar 15, 2023	IBRD-81920	Int Charges	17,877.75
Sep 15, 2023	IBRD-81920	Int Charges	312.15
Sep 15, 2023	IBRD-81920	Int Charges	266.75
Sep 15, 2023	IBRD-81920	Int Charges	259.88
Sep 15, 2023	IBRD-81920	Int Charges	22,842.90
Sep 15, 2023	IBRD-81920	Int Charges	5,764.26
Sep 15, 2023	IBRD-81920	Int Charges	6,688.95
Sep 15, 2023	IBRD-81920	Int Charges	20,681.19
Sep 15, 2023	IBRD-81920	Int Charges	23,853.31
Sep 15, 2023	IBRD-81920	Int Charges	20,384.79
Sep 15, 2023	IBRD-81920	Int Charges	19,858.58
Sep 15, 2023	IBRD-81920	Int Charges	298.93
Sep 15, 2023	IBRD-81920	Int Charges	75.43
Sep 15, 2023	IBRD-81920	Int Charges	270.63
Mar 15, 2017	IBRD-81920	Int Charges	153.70
Mar 15, 2017	IBRD-81920	Int Charges	4,817.14
Mar 15, 2017	IBRD-81920	Int Charges	7,319.20
Sep 15, 2017	IBRD-81920	Int Charges	2,089.56
Sep 15, 2017	IBRD-81920	Int Charges	7,496.94
Sep 15, 2017	IBRD-81920	Int Charges	2,424.74
Sep 15, 2017	IBRD-81920	Int Charges	8,646.82
Sep 15, 2017	IBRD-81920	Int Charges	8,280.56
Sep 15, 2016	IBRD-81920	Loan Disb	229,181.52
Sep 15, 2016	IBRD-81920	Loan Disb	-229,181.52
Sep 6, 2016	IBRD-81920	Loan Disb	168,125.00
Dec 28, 2016	IBRD-81920	Loan Disb	428,767.00
Mar 15, 2016	IBRD-81920	Loan Disb	708,595.00
Mar 15, 2016	IBRD-81920	Loan Disb	-708,595.00
Aug 8, 2016	IBRD-81920	Loan Disb	49,229.51
Sep 15, 2016	IBRD-81920	Int Charges	5,360.12
Sep 15, 2016	IBRD-81920	Int Charges	5,920.40
Sep 15, 2016	IBRD-81920	Int Charges	1,493.96
Oct 11, 2016	IBRD-81920	Loan Disb	264,657.20
Oct 11, 2016	IBRD-81920	Loan Disb	123,856.87
Aug 16, 2016	IBRD-81920	Loan Disb	11,827.00
Dec 16, 2015	IBRD-81920	Loan Disb	41,495.07
Sep 15, 2015	IBRD-81920	Int Charges	357.15
Sep 15, 2015	IBRD-81920	Int Charges	3,720.24
Dec 11, 2015	IBRD-81920	Loan Disb	33,200.00
Sep 15, 2015	IBRD-81920	Loan Disb	-197,500.00
Sep 15, 2015	IBRD-81920	Loan Disb	197,500.00
Nov 25, 2015	IBRD-81920	Loan Disb	44,000.00
Nov 25, 2015	IBRD-81920	Loan Disb	154,208.00
Nov 6, 2015	IBRD-81920	Loan Disb	277,500.00
Nov 4, 2015	IBRD-81920	Loan Disb	39,711.96
Mar 15, 2016	IBRD-81920	Int Charges	2,423.44
Mar 15, 2016	IBRD-81920	Int Charges	4,312.91
Mar 15, 2019	IBRD-81920	Int Charges	11,412.70
Mar 15, 2019	IBRD-81920	Int Charges	5,384.43
Mar 15, 2019	IBRD-81920	Int Charges	12,788.93
Mar 15, 2019	IBRD-81920	Loan Disb	-680,410.80
Mar 15, 2019	IBRD-81920	Loan Disb	680,410.80
Apr 30, 2019	IBRD-81920	Loan Cancel	25,485,928.00
Sep 15, 2019	IBRD-81920	Int Charges	13,520.94
Sep 15, 2019	IBRD-81920	Int Charges	3,411.90
Sep 15, 2019	IBRD-81920	Int Charges	12,241.40
Sep 15, 2018	IBRD-81920	Int Charges	11,840.82
Sep 15, 2018	IBRD-81920	Int Charges	2,987.96
Sep 15, 2018	IBRD-81920	Int Charges	10,720.26
Sep 15, 2018	IBRD-81920	Int Charges	3,467.24
Sep 15, 2018	IBRD-81920	Int Charges	12,364.56
Sep 15, 2018	IBRD-81920	Int Charges	10,566.63
Dec 14, 2018	IBRD-81920	Loan Disb	40,276.18
Dec 14, 2018	IBRD-81920	Loan Disb	71,552.60
Dec 18, 2018	IBRD-81920	Loan Disb	34,144.49
Dec 18, 2018	IBRD-81920	Loan Disb	490,494.30
Dec 18, 2018	IBRD-81920	Loan Disb	43,943.27
Mar 15, 2018	IBRD-81920	Int Charges	2,431.30
Mar 15, 2018	IBRD-81920	Int Charges	8,670.20
Mar 15, 2018	IBRD-81920	Int Charges	3,477.03
Mar 15, 2018	IBRD-81920	Int Charges	8,302.96
Mar 15, 2018	IBRD-81920	Int Charges	2,095.21
Mar 15, 2018	IBRD-81920	Int Charges	7,517.21
Dec 19, 2017	IBRD-81920	Loan Disb	451,054.38
Mar 15, 2018	IBRD-81920	Loan Disb	-698,441.06
Mar 15, 2018	IBRD-81920	Loan Disb	698,441.06
Dec 22, 2017	IBRD-81920	Loan Disb	247,386.70
Mar 15, 2017	IBRD-81920	Loan Disb	-817,281.06
Mar 15, 2017	IBRD-81920	Loan Disb	817,281.06
Mar 15, 2017	IBRD-81920	Int Charges	1,846.97
Mar 15, 2017	IBRD-81920	Int Charges	6,626.53
Mar 15, 2017	IBRD-81920	Int Charges	2,143.22
Mar 15, 2024	IBRD-81920	Int Charges	419.32
Mar 15, 2024	IBRD-81920	Int Charges	358.37
Mar 15, 2024	IBRD-81920	Int Charges	349.10
Mar 15, 2016	IBRD-81920	Int Charges	1,088.36
Dec 23, 2015	IBRD-81920	Loan Disb	118,480.00
Jul 7, 2015	IBRD-81920	Loan Disb	197,500.00
Dec 17, 2014	IBRD-81920	Loan Disb	395,000.00
Mar 15, 2015	IBRD-81920	Loan Disb	-782,662.20
Mar 15, 2015	IBRD-81920	Loan Disb	782,662.20
Mar 15, 2015	IBRD-81920	Int Charges	2,088.45
Oct 22, 2014	IBRD-81920	Loan Disb	142,100.00
Oct 22, 2014	IBRD-81920	Loan Disb	245,562.20
Jul 12, 2013	IBRD-81920	Fee Charges	74,000.00
Sep 15, 2019	IBRD-81920	Int Charges	3,959.26
Sep 15, 2019	IBRD-81920	Int Charges	14,118.98
Sep 15, 2019	IBRD-81920	Int Charges	12,065.96
Sep 15, 2019	IBRD-81920	Int Charges	11,754.46
Mar 15, 2020	IBRD-81920	Int Charges	9,815.62
Mar 15, 2020	IBRD-81920	Int Charges	3,174.68
Mar 15, 2020	IBRD-81920	Int Charges	11,321.17
Mar 15, 2020	IBRD-81920	Int Charges	9,674.96
Mar 15, 2020	IBRD-81920	Int Charges	10,841.62
Mar 15, 2020	IBRD-81920	Int Charges	2,735.82
Mar 15, 2020	IBRD-81920	Int Charges	9,425.21
Sep 15, 2020	IBRD-81920	Int Charges	5,680.38
Sep 15, 2020	IBRD-81920	Int Charges	1,433.40
Sep 15, 2020	IBRD-81920	Int Charges	5,142.80
Sep 15, 2020	IBRD-81920	Int Charges	1,663.36
Sep 15, 2020	IBRD-81920	Int Charges	5,931.64
Sep 15, 2020	IBRD-81920	Int Charges	5,069.12
Sep 15, 2020	IBRD-81920	Int Charges	4,938.26
Mar 15, 2021	IBRD-81920	Int Charges	3,856.34
Mar 15, 2021	IBRD-81920	Int Charges	973.13
Mar 15, 2021	IBRD-81920	Int Charges	3,491.41
Mar 15, 2021	IBRD-81920	Int Charges	1,129.21
Mar 15, 2021	IBRD-81920	Int Charges	4,026.91
Mar 15, 2021	IBRD-81920	Int Charges	3,441.37
Mar 15, 2021	IBRD-81920	Int Charges	3,352.53
Mar 15, 2019	IBRD-81920	Int Charges	3,227.23
Mar 15, 2019	IBRD-81920	Int Charges	11,578.65
Mar 15, 2019	IBRD-81920	Int Charges	3,744.89
Mar 15, 2019	IBRD-81920	Int Charges	13,354.59
Sep 15, 2023	IBRD-81920	Int Charges	87.54
Sep 15, 2021	IBRD-81920	Int Charges	1,065.94
Sep 15, 2021	IBRD-81920	Int Charges	3,801.26
Sep 15, 2021	IBRD-81920	Int Charges	3,248.54
Sep 15, 2021	IBRD-81920	Int Charges	3,164.68
Sep 15, 2021	IBRD-81920	Int Charges	3,640.26
Sep 15, 2021	IBRD-81920	Int Charges	918.58
Sep 15, 2021	IBRD-81920	Int Charges	3,295.74
Mar 15, 2022	IBRD-81920	Int Charges	3,090.20
Mar 15, 2022	IBRD-81920	Int Charges	3,010.44
Mar 15, 2022	IBRD-81920	Int Charges	3,462.83
Mar 15, 2022	IBRD-81920	Int Charges	873.82
Mar 15, 2022	IBRD-81920	Int Charges	3,135.15
Mar 15, 2022	IBRD-81920	Int Charges	1,014.01
Mar 15, 2022	IBRD-81920	Int Charges	3,616.02
Sep 15, 2022	IBRD-81920	Int Charges	6,555.92
Sep 15, 2022	IBRD-81920	Int Charges	6,386.67
Sep 15, 2022	IBRD-81920	Int Charges	7,345.37
Sep 15, 2022	IBRD-81920	Int Charges	1,854.80
Sep 15, 2022	IBRD-81920	Int Charges	6,650.21
Sep 15, 2022	IBRD-81920	Int Charges	2,152.35
Sep 15, 2022	IBRD-81920	Int Charges	7,670.26

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Counterpart Funding	Satisfactory	2018-12-11
Project Management	Satisfactory	2018-12-11
Monitoring and Evaluation	Satisfactory	2018-12-11
Overall Implementation Progress (IP)	Moderately Satisfactory	2018-12-11
Progress towards achievement of PDO	Moderately Satisfactory	2018-12-11
Procurement	Satisfactory	2018-12-11
Financial Management	Satisfactory	2018-12-11
Overall Safeguards Rating	Moderately Satisfactory	2018-12-11

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2019
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 10-22-2019	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

1. Number of projects to which IIGF provided guidance in the Guidance stage of guarantee appraisal, in accordance with the approvedOperations Manual.	Value	0.00	55.00	0.00
	Date	August 31, 2012	November 30, 2018
	Comment

2. Number of projects screened by IIGF in the Screening stage of guarantee appraisal, in accordance with the approved Operations Manual Value 0.00 39.00 0.00
Date August 31, 2012 November 30, 2018
Comment
3. Number of projects appraised by IIGF in accordance with the approved Operations Manual Value 0.00 23.00 0.00
Date August 31, 2012 November 30, 2018
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

IIGF maintains unqualified opinion on its financial statement from a reputable audit firm.	Value	Year ending Dec 31, 2012	Audit for year ending Dec 31, 2015 submitted in ti
	Date	August 31, 2012	November 30, 2018
	Comment