In an op-ed in the Jakarta Globe, IFC Manager for Indonesia, Sarvesh Suri, describes why companies should practice good corporate governance, as the country weathers the current period of economic volatility.
Indonesian water company Perusahaan Daerah Air Minum Tirta Benteng Kota Tangerang initiated a 25-year partnership with PT Moya Indonesia to build and operate a water treatment plant to expand access to water in Tangerang. To support the partnership,
Consumers are increasingly willing to pay for high-quality, sustainably grown produce, but small farmers in East Asia and the Pacific – many of them women – lack know-how in sustainable farming and access to international markets.
IFC Indonesia Country Manager E-mail: firstname.lastname@example.org Indonesia Stock Exchange, Tower II, 9th Floor Jl. Jend. Sudirman Kav. 52 - 53 Jakarta 12190, Indonesia Phone: (62-21) 2994-8001 Fax: (62-21) 2994-8002
IFC is a long-term investor providing full range of products from loan to equity financing and mobilizing 3rd party funds to support companies’ growth and expansion.
IFC also provides advice to private sector clients to grow their business sustainably by adopting environmentally and socially friendly business practices. We support private sector development by working with national and provincial governments to create a conducive investment climate.
Expanding Access to Finance IFC improves access to finance by investing in commercial banks and helping them provide loans to micro, small and medium enterprises. Through our housing finance program, banks can expand their mortgage businesses to help low-income families. We also advise banks on how to diversify their products to tap new market segments, such as small and medium enterprises and women entrepreneurs.
Building Infrastructure IFC helps build and upgrade Indonesia’s infrastructure by investing in transportation, power plants, telecoms, ports and other projects. These projects yield profits for investors and create jobs, while improving public infrastructure and community welfare.
We help the country develop sustainable sources to meet its long-term energy needs by investing in renewable-energy projects, such as hydropower.
We advise companies and the Indonesian government on structuring and executing infrastructure projects with public and private participation ensuring fair and transparent process.
Creating a Competitive Business Edge IFC helps companies to increase their business productivity and bottom line by adopting global best practices. In agriculture, together with the private sector, IFC trains farmers so that they can supply better-quality products, increase productivity and incomes. In forestry, IFC provides advice to companies in managing their commercial forest plantations on degraded land.
Our involvement in manufacturing and services industry helps Indonesian companies meet local demand and enter international markets. Our corporate governance program provides advice to companies to be more competitive and attract local and foreign capital by improving the transparency of their business operations.
Improving the Investment Climate IFC helps the private sector to grow by cutting the time and costs of business registration and licensing processes through its work with national and local governments in improving business regulations and investment policies.
Together with the Jakarta provincial government, IFC developed a Green Building Code that will reduce energy consumption in residential and commercial buildings, cutting carbon dioxide emissions.