Islamic Finance

IDB, Indonesia sign $1 bln co-financing agreement for infrastructure development


NUSA DUA, BALI –The Islamic Development Bank (IDB) has signed a co-financing agreement of up to $1 billion with Indonesia’s state-owned PT Sarana Multi Infrastruktur (SMI). 60 percent of the financing will be channeled into national infrastructure projects.

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tags:

Financing
IDB
Infrastructure
SDGs