ANNOUNCEMENT 04 Dec 2015

On December 4, 2015, the Japanese International Bank of Cooperation Agency (JICA) signed a loan agreement with Indonesia. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

インドネシア向け円借款供与:都市高速鉄道の整備により深刻な渋滞緩和に貢献
Signing of Japanese ODA Loan with the Indonesia: Mitigating traffic congestion through construction of mass rapid transit
https://www.jica.go.jp/press/2015/20151204_02.html

Inception date: 04 Dec 2015 | Removal date: open ended

Trade finance

On December 4, 2015, a 77.137 billion yen ($690 million USD) loan agreement was signed with the Indonesian government and the Japanese International Cooperation Agency (JICA) for the construction of a high-speed railway. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing Indonesia with civil engineering, electrical works and mechanical systems, locomotives, and consulting services.

AFFECTED SECTORS