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Regional Infrastructure Development Fund

Abstract*

The development objective of Regional Infrastructure Development Fund (RIDF) Project for Indonesia is to increase access to infrastructure finance at the subnational level through a financially sustainable financial intermediary. This project has two components. 1) The first component, Capital Support for RIDF, will provide loans to participating subnational governments in Indonesia for selected infrastructure subprojects. 2) the second component...

* 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

To increase access to infrastructure finance at the subnational level through a financially sustainable financial intermediary.

Key Details

Project Details

  • P154947

  • Closed

  • Griya Rufianne , Jessica Schmidt

  • Republic of Indonesia

  • Indonesia

  • July 13, 2015

  • (as of board presentation)

    March 10, 2017

  • September 28, 2017

  • US$ 406.00 million

  • PT Sarana Multi Infrastruktur

  • East Asia and Pacific

  • 2017

  • US$ 203.00 million

  • F

  • Not Applicable

  • November 30, 2022

  • BANK APPROVED

  • August 30, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00
Asian Infrastructure Investment Bank 100.00
Indonesia Sustainable Urbanization 3.00
Borrower/Recipient 203.00

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 103.00
Total Project Cost** 406.00

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

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

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 17, 2018 IBRD-87140 Loan Disb 11,581,276.00
Sep 15, 2021 IBRD-87140 Int Charges 77,700.32
Mar 10, 2017 IBRD-87140 Loan Commitment 100,000,000.00
Sep 15, 2022 IBRD-87140 Loan Repay 4,407,089.50
Sep 15, 2022 IBRD-87140 Int Charges 22,389.74
Sep 15, 2022 IBRD-87140 Int Charges 421,482.25
Mar 15, 2023 IBRD-87140 Int Charges 160.77
Mar 15, 2024 IBRD-87140 Int Charges 863,646.44
Mar 15, 2024 IBRD-87140 Loan Repay 4,093,790.20
Dec 13, 2021 IBRD-87140 Loan Disb 9,818,433.00
Aug 10, 2022 IBRD-87140 Loan Disb 651,993.70
May 11, 2022 IBRD-87140 Loan Cancel 49,175,436.00
Jun 14, 2023 IBRD-87140 Loan Disb -4,844,758.00
Jun 14, 2023 IBRD-87140 Loan Cancel 7,477,554.00
Sep 15, 2023 IBRD-87140 Int Charges 1,641.01
Sep 15, 2023 IBRD-87140 Loan Repay 3,994,105.80
Sep 15, 2023 IBRD-87140 Int Charges 963,856.44
Mar 15, 2022 IBRD-87140 Int Charges 70,246.52
Mar 15, 2023 IBRD-87140 Int Charges 911,261.40
Mar 15, 2022 IBRD-87140 Int Charges 196,100.20
Mar 15, 2023 IBRD-87140 Int Charges 1,064.97
Mar 15, 2023 IBRD-87140 Int Charges 3,259.68
Mar 15, 2023 IBRD-87140 Loan Repay 4,520,942.50
Sep 15, 2018 IBRD-87140 Int Charges 126,027.42
Mar 15, 2018 IBRD-87140 Int Charges 169,178.10
Nov 6, 2017 IBRD-87140 Fee Charges 250,000.00
Dec 18, 2019 IBRD-87140 Loan Disb 21,530,102.00
Mar 15, 2020 IBRD-87140 Int Charges 311,300.97
Mar 15, 2020 IBRD-87140 Int Charges 97,150.92
Mar 15, 2022 IBRD-87140 Loan Repay 4,301,126.50
Sep 15, 2019 IBRD-87140 Int Charges 203,032.66
Sep 15, 2019 IBRD-87140 Int Charges 111,431.82
Mar 15, 2019 IBRD-87140 Int Charges 93,988.49
Mar 15, 2019 IBRD-87140 Int Charges 116,992.12
Sep 15, 2020 IBRD-87140 Int Charges 252,161.52
Sep 15, 2020 IBRD-87140 Int Charges 84,067.64
Mar 15, 2021 IBRD-87140 Int Charges 185,999.81
Mar 15, 2021 IBRD-87140 Int Charges 79,312.59
Dec 8, 2020 IBRD-87140 Loan Disb 5,235,102.50
Sep 15, 2021 IBRD-87140 Int Charges 184,233.56
Sep 16, 2022 IBRD-87140 Loan Disb -625,139.94

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2022-04-06
Progress towards achievement of PDO Moderately Unsatisfactory 2022-04-06
Counterpart Funding Satisfactory 2022-04-06
Project Management Satisfactory 2022-04-06
Overall Implementation Progress (IP) Moderately Unsatisfactory 2022-04-06
Financial Management Satisfactory 2022-04-06
Monitoring and Evaluation Satisfactory 2022-04-06

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 09-01-2023
OutcomesModerately Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Unsatisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-06-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualityModestN/a