PROJECT

Projects

Summary of Investment Information

Project Number

37139

Company Name

SOUTHGATE VENTURES PTE LTD

Date SPI Disclosed

Mar 25, 2016

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

Apr 29, 2016

Environmental Category

B - Limited

Status

Completed

Last Updated Date

May 12, 2024

Department

Regional Industry - MAS Asia & Pac

Industry

Health, Education and Life Sciences

Previous Events

Approved : Aug 24, 2016
Signed : Dec 9, 2016
Invested : Feb 27, 2017

Sector

Elementary and Secondary Schools

Project Description

SIS Group of Schools (“SIS” or the “School”) is a private K-12 education institution in Indonesia with 8 campuses located in several cities in Indonesia, including Jakarta, Medan, Semarang, Cilegon and Palembang. SIS is planning to refurbish some of its existing campus buildings, to build up its corporate capabilities and to further expand its operations to other cities in Indonesia and other ASEAN countries should such opportunities arise (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation