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MHI Signs Yen Loan Agreement with Indonesia: Contributing to the Promotion of the Fisheries Industry through the Improvement and Rehabilitation of Fishing Ports and Markets, and to Sustainable Social and Economic Development of the Region through the Repair and Improvement of Erosion Control Facilities | News & PR

Posted on 2024-12-252025-01-30 by Editor in Chief

The Japan International Cooperation Agency (JICA) signed a Loan Agreement (L/A) with the Government of the Republic of Indonesia on December 24, 2012 in Jakarta, Indonesia, for the “Fishing Port and International Fish Market Integrated Development Sector Loan (Phase I)” and the “Volcano Disaster Mitigation Sector Loan”. The Loan Agreement (L/A) was signed for the “Integrated Fish Market Sector Loan (Phase I)” and the “Volcano Disaster Mitigation Sector Loan. The projects covered by the Loan Agreement are as follows

Signing Ceremony

Project Summary

Sector Loan for Integrated Development of Fishing Ports and International Fish Markets (Phase I)

Sector Loan for Integrated Fishing Ports and International Fish Markets Phase I

Country (region covered)

Republic of Indonesia

(All of Indonesia)

Business Objectives

This project aims to increase the volume of marine products landed and improve the quality of marine products sold through the supply chain by improving and renovating related facilities at fishing ports and markets, thereby contributing to the sustainable social and economic development of the region.

Business

  1. facilities, equipment, etc.

Facility

(Fishing port) Breakwater, landing jetty, and cargo handling area,

(Market) Warehouse, fish processing plant, market building (kiosk, cafeteria), etc.

Equipment

(Fishing ports and markets) Ice machines, freezers/refrigerators, equipment for data management, etc.

  1. Consulting services (feasibility studies, detailed design, bidding assistance, construction supervision, training (fishing port operation and planning, distribution, marketing, data management, etc.)

Loan amount (maximum)

15.545 billion yen

Interest Rates

Body: 1.80% Consulting and services: 0.20

Redemption period

30 years (including 10 years of deferment)

Procurement Conditions

General untied

Implementing Agency

Directorate-General of Capture Fisheries, Ministry of Oceans and Fisheries, and Directorate-General of Seafood Competitiveness Enhancement, Ministry of Oceans and Fisheries

Contribution to the achievement of the SDGs

Goal 8 (both job satisfaction and economic growth)

Goal 14 (Let’s protect the abundance of our oceans)

Schedule for future project implementation (tentative)

(1) Project completion date: February 2030 (project completion at the time of completion of all sites)

  1. expected date of sending invitation letter for consulting services (detailed design, etc.): already done

Volcano Disaster Prevention Sector Loan

Volcanic Disaster Risk Reduction Sector Loan

Country (region covered)

Republic of Indonesia (Smeru and Kurdish volcanoes in East Java, Agung volcano in Bali, etc.)

Business Objectives

This project aims to contribute to the sustainable social and economic development of the volcanic region by repairing and improving erosion control facilities and reducing disaster risks through the implementation of non-structural measures in the volcanic region.

Business

  1. outline of overall business plan

Implement non-structural measures such as repair, reconstruction, and new construction of erosion control facilities, installation of rainfall radar, and preparation of a master plan for volcanic erosion control at Smer, Kurdish, Agung, and other volcanoes.

  1. details of civil engineering work

Repair, reconstruct, and construct new erosion control facilities that are highly necessary and urgent, such as erosion control facilities whose functions have been degraded by sediments from the eruption and which expose nearby villages, farmlands, fishing villages, and tourist centers to the risk of mudslide inundation, and the restoration of crater lake drainage tunnels. In addition, rainfall radar will be installed for early warning of landslides and river flooding. The erosion control facilities to be covered by this project will be finalized after the master plan is revised and prepared.

  1. consulting services

Detailed design, bidding assistance, construction supervision, support for environmental and social considerations, support for revision and preparation of a master plan for volcanic erosion control, support for maintenance and management of erosion control facilities, support for raising disaster prevention awareness, support for formulating a manual for emergency disaster mitigation measures in the event of volcanic eruption

Loan amount (maximum)

23.148 billion yen

Interest Rates

Body: 1.60% Consulting and services: 0.20

Redemption period

30 years (including 10 years of deferment)

Procurement Conditions

General untied

Implementing Agency

Directorate General of Water Resources, Ministry of Public Works

Contribution to the achievement of the SDGs

Goal 9 (Create a foundation for industry and innovation)

Goal 11 (Create a community where people can continue to live)

Schedule for future project implementation (tentative)

Project completion date: July 2030 (project completion upon completion of all eligible sub-projects)

  1. expected date of sending invitation letter for consulting services (detailed design, etc.): already done
  2. public announcement of the first package of international competitive bids for the main body of the project: (1)

Name of procurement package: Crater Lake Drainage Tunnel Rehabilitation

Scheduled date: February 2027

read more

© Source JICA

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