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Reference: 20220853
Release date: 1 June 2023

Promoter – Financial Intermediary

MINISTRY OF DEFENCE

Location

Description

The project will finance part of an investment programme managed by the Indonesian Ministry of Defence to upgrade and improve the health facilities serving the general population of Indonesia. The programme covers the upgrade of medical equipment and related facilities, as well as infrastructure investments such as building construction, renovation and energy efficiency rehabilitation for hospitals, primary health clinics, research centres and laboratories.

Objectives

The aim is to strengthen the health system in the country, by improving the availability and affordability of medical care, supporting research, vaccine development and production, as well as shock responsiveness. The project will contribute directly to United Nations Sustainable Development Goal (SDG) 3:(Good health and well-being).

Sector(s)

  • Health - Human health and social work activities

Proposed EIB finance (Approximate amount)

USD 250 million (EUR 222 million)

Total cost (Approximate amount)

USD 600 million (EUR 533 million)

Environmental aspects

The project entails components related to building renovation and energy efficiency rehabilitation, although the majority of the costs at this stage are linked to equipment. The EIB will require that implementation of the financed investments comply with the national legislation, the EIB's Environmental and Social Standards, as well as the international treaties and conventions signed and ratified by/or applicable and binding in the country.

Procurement

The EIB will require that the project implementation will be done in accordance with the EIB's Guide to Procurement.

Status

Approved - 18/07/2023

Milestone
Under appraisal
Approved
18 July 2023

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Indonesia Health