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29 Jul 2022
Indonesia: Stepping Up Investments for Growth Acceleration Program (Subprograms 1, 2, and 3)
The program aimed to improve the country’s global competitiveness to attract foreign and domestic investments, in line with ADB’s country partnership strategies (CPSs) for Indonesia, 2012–2019. This would require (i) reducing the cost of doing business, (ii) improving the private sector participation framework for developing infrastructure through new financing modalities, and (iii) improving public procurement to allow for a larger spending in infrastructure.
This report validates the completion report's assessment of the project. IED overall assessment: Successful.
