Regional Infrastructure Development Fund

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The development objective of Regional Infrastructure Development Fund (RIDF) Project for Indonesia is to increase access to infrastructure finance at the subnational level through a financially sustainable financial intermediary. This project has two components. 1) The first component, Capital Support for RIDF, will provide loans to participating subnational governments in Indonesia for selected infrastructure subprojects. 2) the second component, Project Development Facility, will provide support for subnational governments in carrying out subproject identification and preparation, including, but not limited to, feasibility studies, detailed engineering designs, environmental and social safeguard assessments, advisory services on financial management and procurement, and training.