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30 Apr 2017

Indonesia Infrastructure Finance

Indonesia Infrastructure Finance response

21 April 2017

...In its operations, IIF applies best practices based on international standards in its credit, risk management and all aspects of its corporate governance. IIF implements international social and environmental protection standards to ensure sustainability of infrastructure development in Indonesia....

Contrary to the claim that IIF only began disclosing some information about its activities following civil society campaign, IIF has started disclosing such S&E documents of Project since August 2013...

In every project, IIF conducts S&E Due Diligence to obtain facts on hand relating to affected people and environment, and design a customized corrective action program to provide assistance to the project adversely affected people to get proper compensation based on: physical, economical (including job loss) and access displacements...