South East Asia

The European Investment Bank, the bank of the European Union (EU) and the world’s largest multilateral lender, has opened a regional representation office for Southeast Asia and the Pacific in Jakarta, Indonesia. Finance Minister of the Republic of Indonesia Sri Mulyani Indrawati joined EIB Vice-President Kris Peeters, EU Ambassador to Indonesia Vincent Piket and EU Ambassador to ASEAN Igor Driesmans to formally open the EIB’s new office today. It is located at the same premises as the EU Delegation to Indonesia and to ASEAN, with a regional representation office in Suva, Fiji, covering the Pacific.

European Investment Bank (EIB) President Werner Hoyer will continue as the co-chair of the D20 Long-term Investors Club (D20-LTIC), following the decision of the club’s Steering Committee to extend his mandate for two more years. The D20-LTIC Steering Committee met on the sidelines of the G20 Finance Minister and Central Bank Governors Meeting in Denpasar, Indonesia, and also welcomed two new member organisations — the Hellenic Development Bank and PT Sarana Multi Infrastruktur (PTSMI), Indonesia’s national entity for infrastructure development.

The European Investment Bank (EIB), the bank of the European Union and the biggest multilateral bank in the world will work with PT Mass Rapid Transit Jakarta (MRT Jakarta), the city’s public transport authority, in developing the city’s public transport network and financing urban regeneration of residential and business areas along the transport routes.