PROJECT

Projects

Environmental Review Summary

Project Number

10737

Company Name

SIGMA CIPTA CARAKA, PT

Date ERS Disclosed

Feb 1, 2001

Country

Indonesia

Region

East Asia and the Pacific

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Apr 18, 2001
Signed : Apr 27, 2001
Invested : May 24, 2001

Sector

Computer Systems Design and Related Services (System Integration, Custom Computer Programming, IT Services etc.)

Industry

other

Department

WBG Digital and AI

Project Description

This is an equity investment in P.T. Sigma Cipta Caraka (Sigma), an information technology services firm headquartered in Jakarta, Indonesia. Sigma was established in 1987, with an intitial focus on developing core banking systems. Its main objective is to provide clients with innovative and cost-effective solutions tailored to their business requirements. Sigma services include software and technology solutions to the financial services industry, Internet access to individuals and corporations, web site design, web site hosting and software development. Sigma, as well as its wholly-owned subsidiary, Balicamp, provides software development that is expected to become the core business line of the Group and the key growth driver. Sigma employs approximately 465 professionals and has offices in Jakarta and Bali.

Environmental and Social

Conclusion & Monitoring