Date of effectiveness: 30.12.2009
On December 30, 2009 the Government of Indonesia has established Indonesia Infrastructure Guarantee Fund or IIGF, as a State-Owned Enterprises (SOEs) under the Ministry of Finance which is responsible for providing government guarantees for infrastructure projects developed under the Public Private Partnership (PPP) scheme. IIGF guarantee is intended to guarantee political risk of both central and local government as a Contracting Agency to provide certainty and comfort for investors. The availability of IIGF guarantee can increase the certainty of private sector’s participation and financing for infrastructure development in Indonesia. It also works with international and multilateral institutions in increasing its capacity to guarantee large scale infrastructure projects.