{"id":101892,"date":"2026-10-08T11:49:00","date_gmt":"2026-10-08T11:49:00","guid":{"rendered":"https:\/\/gulftimes.ae\/?p=101892"},"modified":"2026-10-08T11:49:00","modified_gmt":"2026-10-08T11:49:00","slug":"arab-news-isdb-launches-2-56bn-financing-plan-to-strengthen-indonesias-infrastructure-workforce-development","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=101892","title":{"rendered":"Arab News | IsDB launches $2.56bn financing plan to strengthen Indonesia\u2019s infrastructure, workforce development"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div>\n<p>JAKARTA: The Islamic Development Bank on Thursday announced indicative financing of $2.56 billion to support Indonesia\u2019s key infrastructure projects and workforce development, as the group launched its latest partnership strategy for Southeast Asia\u2019s biggest economy.\u00a0\u00a0<\/p>\n<p>Dr. Mohammed Al-Jasser, IsDB Group chairman, launched the 2026-2030 Member Country Partnership Strategy for Indonesia in Jakarta alongside Indonesian Finance Minister Suahasil Nazara and Deputy Minister of National Development Planning Febrian Ruddyard.\u00a0<\/p>\n<p>\u201cDeveloped with the Government of Indonesia, the MCPS will guide the IsDB Group\u2019s support for the country\u2019s development priorities over the next five years,\u201d IsDB said in a statement.\u00a0<\/p>\n<p>Its newest strategy for Indonesia will focus on two areas, the group said, including infrastructure for transport and connectivity, food security and agriculture, sustainable fisheries, the blue economy, as well as energy security and transition. The second concerns workforce development, with a focus on stronger health systems, expanded education and skills upgrade.<\/p>\n<p>Al-Jasser, who arrived in Jakarta on Wednesday for a four-day visit, \u201cstressed that IsDB Group\u2019s contribution extends beyond financing,\u201d highlighting that the latest plan also combines other aspects, such as private sector investment, Islamic finance, technical assistance and knowledge solutions \u201cto advance Indonesia\u2019s development priorities.\u201d\u00a0<\/p>\n<p>Early on Thursday, Al-Jasser also held talks with Airlangga Hartarto, Indonesia\u2019s chief economic affairs minister.<\/p>\n<p>\u201cThis meeting further strengthens the partnership between Indonesia and the IsDB in supporting the national development and economic transformation agenda,\u201d Hartarto said in a post on Instagram.\u00a0<\/p>\n<p>\u201cAmid the current dynamics of the global economy, collaboration with development finance institutions like IsDB is crucial to diversify funding sources and accelerate strategic projects that are productive, inclusive and sustainable, while also contributing to the welfare of the people.\u201d\u00a0<\/p>\n<p>IsDB, whose ties with Indonesia span more than five decades, has over 350 cumulative projects in Indonesia with a total funding of about $7.2 billion, 294 of which are already 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href=\"https:\/\/www.arabnews.com\/world\/isdb-launches-256bn-financing-plan-to-strengthen-indonesias-infrastructure-workforce-development-3005249\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAKARTA: The Islamic Development Bank on Thursday announced indicative financing of $2.56 billion to support Indonesia\u2019s&hellip;<\/p>\n","protected":false},"author":1,"featured_media":101893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[12406,4363,327,9619,383,2037,11497,405,4222,1798,3320,12407],"class_list":["post-101892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-2-56bn","tag-arab","tag-development","tag-financing","tag-indonesias","tag-infrastructure","tag-isdb","tag-launches","tag-news","tag-plan","tag-strengthen","tag-workforce"],"yoast_head":"<!-- This site is optimized with the 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