Indonesia - Power Transmission Development Project

Page 1 PROJECT INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB5150 Project Name Indonesia Power Transmission Development Project Region EAST ASIA AND PACIFIC Sector Power (100%) Project ID P117323 Borrower(s) REPUBLIC OF INDONESIA Implementing Agency PT PLN (Persero), Indonesia Environment Category [ ] A [X] B [ ] C [ ] FI [ ] TBD (to be determined) Date PID Prepared December 3, 2009 Estimated Date of Appraisal Authorization February 18, 2010 Estimated Date of Board Approval May 25, 2010 1. Key development issues and rationale for Bank involvement Country Context A decade after the Asian financial crisis, Indonesia is emerging economically and fiscally stronger than many had imagined. Real GDP has been growing at 5-6 percent annually since 2003, reaching 6.1 percent in 2008. Despite the global financial crisis, the country