devinitorg/iati-policy-markers huggingface dataset:
PT Bank Internasional Indonesia Tbk PT Bank Internasional Indonesia Tbk (BII or the Bank) is the sixth largest bank in Indonesia. The Bank became a publicly listed company in 1989. Following the financial crisis in 1997, the Bank was taken over and recapitalized by the Indonesian government.  In late 2003 the government sold 56.8% of the Banks shares to Sorak Financial Holdings, a consortium of foreign banks and investors led by Asia Financial Holdings (a subsidiary of Temasek Holdings - Singapore). The Banks management control was also transferred to the consortium at the time of the sale of the equity. 

The project consists of a medium term credit facility in Indonesian Rupiah, which amount of facility will equal up to $125 million based on exchange rate value of the disbursement date to BII. The proceeds of IFC loan will be used by BII primarily to finance small and medium enterprises (SME) in Indonesia directly or through the Banks affiliates. Given the scarcity of long-term financing in Indonesia, IFCs medium term funding will help BII achieve a better match of its assets and liabilities and reduce the market risks it faces in this connection. Also the engagement with IFC on issues related to environmental and social requirements will increase the awareness and sensitivity of the BII in these areas. 

At the level of the end users, the project will help BII to ramp up its commercial lending to SMEs sector. In general, SMEs in Indonesia attract about 90% of the labor force and represent more than 60% of Indonesian GDP. Unfortunately, the commercial banks penetration to this sector is still very low. About 80% of Indonesias SME remain underfinanced. The big barrier to penetrate the financing for SME lies on technological infrastructure to provide streamlined loan processing and control mechanism.

BII is one of the few banks, which are lending to SME sector, but due to lack of medium-term funding in Indonesia, especially in local currency, BIIs expansion into the sector has been limited. The project will help make available to BIIs SME customers access to medium term local currency funding, which is currently in short supply in Indonesia.
IIF A&B Loan The proposed project (the Project) consists of a senior debt package for up to US$250 million to PT Indonesia Infrastructure Finance (the Company) in Indonesia. The Project will support the Companys lending program for a pipeline of infrastructure projects in Indonesia. -	Provision of long-term capital, which is scarce and not readily available in the market for young institutions such as the Company; -	Continued know-how transfer in the areas of Environmental and Social ("E&S") risk management and project finance underwriting; -	Support to the government of Indonesia''s efforts in increasing investment in infrastructure projects, both for increasing urbanization as well as rural integration; -	Improve access for the Indonesian population to infrastructure such as electricity, water, transportation, telecommunications, etc; -	Economic benefits to the country by dividends generated by the infrastructure projects as well as taxes levied to the project companies, as well as indirect impact of additional infrastructure on the overall economy through higher growth and more efficient operations; and -	Job creation at the project company that receives financing from the Company as well as in businesses that provide services to such project company.
TVS Motor-ASEAN The proposed project consists of establishment and start-up of operations of a green-field, two-wheeler manufacturing plant in Karawang, about 55 km east of Jakarta, Indonesia, by PT TVS Motor Company Indonesia (PT TVS, or the company).  The plant will have an initial manufacturing capacity of 300,000 vehicles per annum. 

The project will cater mainly to the Indonesian market, which is the worlds third largest after China and India with a demand of 4.5 million units in 2006. Although the current two-wheeler market in Indonesia is highly competitive, low per capita ownership in the country (of only 80 motorcycles per 1000 people, in 2005) compared to its neighbors (of 545 in Taiwan, 286 in Thailand, 258 in Malaysia, and 125 in Vietnam) reinforces a strong market growth potential for the future. In addition to its large domestic market, Indonesia is also a strategic exports base given low labor cost, and availability of competitive sourcing of components. The project will support the sponsors ongoing efforts to expand internationally and enter the increasingly competitive two-wheeler industry in Indonesia.  The sponsor will invest significantly in personnel development and training, and the project is expected to create an estimated 500 new jobs at the end of third year of its operations. In addition, the project is expected to result in significant knowledge sharing and transfer of know-how to the Indonesian subsidiary, not just in terms of manufacturing and quality processes, but also the establishment and management of a sales and service network, dealer channel etc., knowledge which has been built up over the years in the highly competitive Indian market. Furthermore, given the sponsors focus on product innovation and its ability to meet stringent quality standards, the project is expected to lead to technology transfer not only at the project company but also at the supplier level as well. Some of the sponsors key suppliers in India are exploring the possibility of establishing Indonesian operations in future to support the company.  Non-quantifiable development impacts will include benefits to the consumers through improvement in the quality of products and increased competition in Indonesia, the creation of 500 new, trained employment, benefits to the local economy as a result of localization of production and development of the local supply chain, and attraction of foreign direct investment.
Ecogreen Project PT Ecogreen Oleochemicals  (Ecogreen, the company), an Indonesia based company, is implementing a $84 million project involving establishing a new 60,000 tonnes per annum (tpa) capacity fatty acid production plant, incremental working capital and debt refinancing.  The company is one of the leading global producers of natural fatty alcohols, its core product group, as well as co-products and intermediates such as fatty acids, methyl esters and glycerin.   The company produces natural or vegetable oil based fatty alcohol, largely used for the production of detergents, shampoos, conditioners, skin applications and similar consumer products.  They are also used as stabilizers in the production of plastics and lubricants.  The company has 110,000 tpa natural fatty alcohol production capacity at two production plants located in Belawan, Medan (30,000 tpa) and Batam (80,000 tpa) in Indonesia.  Ecogreens FY02 turnover was $86 million, of which about 95% was from exports to Asia-Pacific, North and South America and Europe.  In addition to its production plants, the company has affiliated marketing and distribution companies which have long term lease finished goods storage facilities in Rotterdam, Germany; Houston,Texas; and Newark, New Jersey.  The project is part of the companys long-term strategy to improve its international competitiveness through better utilization of assets and strategic management of raw material inventory.  About half of the new fatty acid capacity will be used to support an 8,000 tpa fatty alcohol capacity increase at Belawan, Medan plant through debottlenecking and to supply to an affiliate soap noodle production company.  The surplus will be sold in the merchant market.   The working capital and the debt refinancing are aimed at helping the company structure a flexible working capital facility with a core component to fund the permanent working capital and a stand-by facility to finance raw material purchases at low price points.
DCM OCBC NISP  2 The proposed project entails an investment in a medium-term debt instrument, which is under a private placement arrangement between PT Bank OCBC NISP Tbk (OCBC NISP or the Bank) and IFC, mainly to finance green projects and women-owned small and medium enterprises (WSMEs). The instrument is expected to comprise of two tranches, corresponding to the distinct use of the proceed. The Project will be an expansion of IFCs engagement with the Bank in 2018 where IFC supported the funding for green financing portfolio, of which the Bank is the first commercial bank to receive such funding. OCBC NISP is listed in Indonesia Stock Exchange. The Bank was established in 1941, the fourth oldest bank in Indonesia. The Bank is 85% owned by the OCBC Overseas Investment Pte. Ltd, a 100% subsidiary owned by the Oversea-Chinese Banking Corporation Limited (OCBC Bank), listed in Main Board of the Singapore Exchange. The proceeds of the proposed investment will be mainly used to support the Banks lending program to climate-friendly projects which includes, energy efficiency projects and green building and to support the Banks increasing focus in serving woman entrepreneurs and customers. Project Outcomes (i) Improve access to finance for WSME: The proceeds from gender tranche will be channeled towards WSME which will help to reduce finance gap in the WSME; (ii) Expand access to finance for climate-smart projects and environment impact: The proceed from green tranche will increase the availability of financing for climate smart projects in the country. Thus, the Project will help in the creation and development of country's sustainable / climate finance market and contribute to the overall reduction in the GHG emission; Contribution to Market Creation (i) Inclusiveness: The Project would support improvement of access to finance for underserved WSMEs and expected to demonstrate to other market participants the viability of differentiated financial products for WSME (ii) Sustainability: The Program would support the development of a green finance market in Indonesia. Building on IFC's successful effort on investing in Indonesia's first non-sovereign green bond, the Project is expected to further deepen the climate finance market and encourage other financial institutions to replicate the issuance of green financing instruments. Further, the Program is expected to reinforce market standards in line with international green lending principles.
GEF Komodo Project Through the IFC, as the implementing agency, the Global Environmental Facility (GEF) is considering support of $5 million to the Komodo National Park Collaborative Management Initiative (KCMI).  The support will be spread over 7 years.  The development objective of the KCMI is to ensure effective long-term management of Komodo National Park (KNP), by:     - improving the effectiveness of park management through the adoption of a collaborative management approach, involving all key stakeholder groups, including the park authority (PHKA), local government, a joint venture between an international NGO (The Nature Conservancy) and a local tourism company, PT Jaytasha Putrindo Utama (JPU), and with additional input from local communities, government agencies and private sector organizations;   - supporting the conservation of the marine and terrestrial resources of KNP, using an adaptive management approach to identify and respond to the changing threats facing these resources;   - establishing structures and guidelines to promote environmentally sensitive tourism development in the region and developing a strategy for the appropriate use of tourism revenue generated by KNP, to ensure long-term financial security for the park and sustainable benefits for the local communities; and   - introducing a system of appropriate incentives to encourage conservation-enhancing livelihoods and stimulate the development of a local economy based on the sustainable use of the resources in and around the park.
BTPN Convertible The proposed project will likely consist of IFC loan financings in USD or IDR to Bank BTPN (BTPN or the Company). The proposed investment is consistent with all aspects of IFCs strategy in the financial sector, particularly in increasing access to financial services for the underserved, the micro and small business enterprises and low income households.   The project would represent a stable source of funding which would help BTPN to:  - Expand its micro-banking business to serve mass market and low-income customers.  - Strengthen its funding base in order to reduce asset and liability mismatch. The expected Development Impact from the project are as follows:     1. Strengthening the Microfinance Sector    The microfinance sector in Indonesia is largely underdeveloped, characterized by low penetration and industry fragmentation. Supporting a new entrant run by experienced management in the microfinance sector with expansion plans in the frontier and underserved locations of Indonesia would allow IFC to support and strengthen the Indonesia microfinance sector.     2. Create Significant Job Opportunities    BTPN plans to hire additional thousands of employees to support its new microfinance outlets. The project results in job creation within BTPN, supports microfinance business growth, and provides opportunities for the potential emergence of micro-entrepreneurs, thus also supporting job creation in the microfinance sector.
CnC MASPD Jiva Farmer Financing Pilot The International Finance Corporation (IFC), a member of the World Bank Group (WBG), is partnering with Jiva Ag Pte Ltd (Jiva), through a Co-Development Agreement.   Jiva operates a digital platform in Indonesia that provides local smallholder farmers with access to an ecosystem of agricultural input purchasing, cashless financing facilities, market linkages, and AI-powered agronomic advice.   The Project will support Jiva in further developing, strengthening, and expanding its business model, including enhancing its environmental & social (E&S) approach and supporting the structuring of farmer and micro-collector financing operations (the Project).
PT Astra Otoparts Loan PT. Astra Otoparts Tbk. (AOP or the company) is the largest manufacturer and distributor of automotive parts for cars and motorcycles in the increasingly competitive automotive component industry in Indonesia.  AOP has requested a corporate loan from IFC of up to $24 million to fund the $54 million equivalent project which consists of 

-  capital expenditures of $48.3 million in 2004-2006, to increase production and the product range, at the AOP holding company level and at its nearly 100% owned subsidiaries: PT. Federal Superior Chain Manufacturing, PT. Indokarlo Perkasa and PT. Menara Terus Makmur; and 
-  additional working capital requirement of $5.4 million.  

The project aims to 
-  enhance AOPs competencies in product and process engineering; and 
-  strengthening its position in the replacement markets.
PT Alumindo Light Metal Industry Summary Of Project Information (SPI)       Project Name    Indonesia - P.T. Alumindo Light Metal Industry              Region    Asia        Sector       Project No007789   Projected Board DateDecember 23, 1996   Company NameP.T. Alumindo Light Metal Industry   Technical Partner and/or Major Shareholders    	P.T. Alumindo Light Metal Industry is a member of Maspion, an important business group in East Java and the largest manufacturer of kitchenware in Indonesia. Maspion is diversified, with main activities in aluminum, stainless steel, steel, plastic, electronics and chemicals. The Maspion Group is 100% owned by the Alim and Gunardi families of Surabaya. Alumindo has signed a technical assistance agreement with Hoogovens from Netherlands, which is helping the commissioning of a new hot rolling line and the workers training.      Project Cost Including proposed IFC investment    	Total project cost is estimated at US$93.0 million; IFCs proposed investment consists of an A loan of US$10.0 million and a B loan of US$25.0 million.    Location of project and Description of site    	The Project will be located adjacent to Alumindos present production site in Sidoarjo, near Surabaya, the capital of East Java and the second largest city in Indonesia.    Description of Company and Purpose of Project    	Alumindo started its operations in 1978, and now is the largest manufacturer of rolled aluminum products in Indonesia with about 52% share of sheet production and 76% share of foil production. The proposed project is to expand Alumindos aluminum rolling capacity from the current 42,000 tons per year to 84,000 tons per year and to upgrade its technical ability by installing new hot roll mill, cold roll mill and other auxiliary equipment. The proposed expansion and modernization project will allow Alumindo to (i) meet the growing local and regional demand, (ii) lower its costs, increase productivity and improve product quality, (iii) upgrade workers skills, and (iv) improve Alumindos overall competitiveness.     Environmental Category and Issues    	This is a category B project under IFCs environmental review procedure. The Project is being designed to fully comply with all the relevant Indonesian and World Bank guidelines.     The  is  November 8, 1996 from the Public Information Center.       Host country location of environmental documents    Indonesia      Date SPI sent to PIC November 4, 1996   For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Evermos RI Project Evermos (or the Company) is an Indonesian Sharia-compliant social commerce platform that connects brand principals (mainly Small and Medium Enterprises (SMEs)) to end-consumers via resellers. With a network of predominantly female resellers, the Company offers products from 1,000+ active brands to low-to-middle income consumers primarily in Tier 2-4 cities. The proposed investment would support Evermos growth initiatives in Indonesia. IFC anticipates that the Project would result in improved access to markets for individuals and businesses, especially local SME manufacturers. The Project is also expected to result in micro-entrepreneurship opportunities for individuals, especially women. Beyond the Project, this investment has the potential to contribute to supporting the inclusiveness of the e-commerce sector in Indonesia, via competition and innovation channels, by scaling up a tech-enabled social commerce platform in Tier 2+ areas that typically host underserved consumers with limited digital trust.
Logos Indo 2020 The proposed IFC investment is up to US$120 million loan facility to support the development of two logistic property facilities, consisting of:   a single-storey warehouse  to be developed and owned by PT LOGOS Indonesia Deltamas One (Borrower 1) and located in Cikarang of West Java, Indonesia (Sub- Project 1); and       two 3-storey ramp-up warehouses  to be developed and owned by PT LOGOS Indonesia Prime One (Borrower 2) and located in Cibitung of West Java, Indonesia (Sub-Project 2 and together with Sub-Project 1, the Project). The most significant Project-level outcome is its effect on customers who will benefit from modern and high-quality warehouses that will help support their business expansion and growth in Indonesia. Beyond the Project, IFC anticipates that the investment will promote greater competitiveness in Indonesia's warehousing sector by introducing new concept of modern warehouses catalyzing other developers to raise their standards and improving efficiency.
PT Bank NISP - Dual Borrower Facility Summary Of Project Information (SPI)       Project Name    Indonesia-Dual Borrower Facility (Bank NISP and Bank Tiara)              Region    Asia        Sector       Project No007497   Projected Board DateJune 15, 1996   Company NameBank NISP and Bank Tiara   Technical Partner and/or Major Shareholders    	The major shareholder of Bank NISP is the Surjaudaja family. The major shareholder of Bank Tiara is the Ometraco Corporation.    Project Cost Including proposed IFC investment    	A loan of up to $20 million to each bank.    Location of project and Description of site    	Indonesia    Description of Company and Purpose of Project (include IFC role\development impact)    	The two banks are medium-sized, private commercial banks licensed for foreign exchange operations. NISP was established in 1941, while Tiara was set up in 1989. Both banks are listed on the Jakarta Stock Exchange. The proposed project is to channel IFCs loans through the two banks to small and medium-sized Indonesian enterprises, particularly exporters, for project finance and trade finance. This project will help increase such enterprises access to much-needed term loans, thereby supporting Indonesias export efforts.    Environmental Category and Issues    	This is a Financial Intermediary (FI) category project according to IFCs environmental review procedure. The two banks will be required to undertake an environmental review of eligible borrowers environ-mental performance and each sub-projects compliance with the Government of Indonesias environmental, health and safety requirements as well as applicable World Bank policies and guidelines. In addition, IFC will assess the two banks capability to carry out environmental reviews.       Date SPI sent to PIC     April 24, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
AwanTunai Project The proposed project consists of an equity investment by IFC of up to US$5 million in Windy Hill Pte. Limited, operating two Indonesian subsidiaries under the brand name AwanTunai (the Company). The Company is a supply chain-focused digitization platform with embedded inventory finance operating in the Fast-Moving Consumer Goods (FMCG) sector across Indonesia. AwanTunai aims to digitize underserved MSMEs through their end-to-end supply chain software solutions and provides embedded inventory financing to merchants and wholesalers on its platform. IFC anticipates that the Project will promote increased access to credit as well as enterprise management solutions amongst MSMEs in Indonesia.  The Project will support AwanTunai to increase the breadth of its business solutions product offerings as well as in increasing its lending operations to both wholesalers and merchants. 

IFC also anticipates that the Project will promote inclusiveness in the financial sector in Indonesia by demonstrating the viability of AwanTunai's business model to provide access to credit to underserved micro and small enterprises.