PROJECT

Projects

Summary of Investment Information

Project Number

43799

Company Name

PT FARPOINT REALTY INDONESIA

Date SPI Disclosed

Feb 5, 2021

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

Mar 15, 2021

Environmental Category

B - Limited

Status

Active

Last Updated Date

Mar 7, 2022

Department

Regional Industry - MAS Asia & Pac

Industry

other

Previous Events

Approved : Apr 28, 2021
Signed : Oct 22, 2021
Invested : Dec 29, 2021

Sector

other

Project Description

The proposed IFC investment is up to the IDR equivalent of US$50 million senior loan facility to support the development of approximately 8,000 affordable housing units on 4 sites, expected to be located in the Greater Jakarta and Java area.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation