ADB-Indonesia Partnership Strategy 2016-2019: A Framework for Sustainable Development
Introduction
The Asian Development Bank (ADB) and Indonesia have forged a strong partnership over the past decades, collaborating on various initiatives to promote economic growth and social development. The ADB-Indonesia Partnership Strategy 2016-2019 outlines the framework for continued collaboration, focusing on key areas of cooperation to achieve sustainable development goals.
Key Objectives
The partnership strategy is guided by three overarching objectives:
- Accelerating economic growth and reducing poverty: Supporting inclusive growth, job creation, and poverty reduction through infrastructure development, private sector engagement, and human capital development.
- Improving social development and protecting the environment: Investing in education, health, social protection, and environmental sustainability to enhance the well-being of the Indonesian people.
- Strengthening governance and institutions: Promoting good governance, transparency, and accountability to create a conducive environment for sustainable development.
Areas of Cooperation
The partnership strategy identifies six priority areas for cooperation:
1. Infrastructure Development:
- Investing in energy, transportation, water and sanitation, and urban infrastructure to support economic growth and improve living standards.
- Promoting public-private partnerships to leverage private sector expertise and financing.
2. Private Sector Development:
- Creating an enabling environment for private sector investment and entrepreneurship.
- Supporting small and medium-sized enterprises (SMEs) through access to finance, technology, and skills development.
3. Human Capital Development:
- Investing in education and skills training to enhance the productivity and employability of the workforce.
- Improving access to quality healthcare and social protection to promote well-being and reduce poverty.
4. Social Development:
- Strengthening social protection systems to provide safety nets for the poor and vulnerable.
- Promoting gender equality and women’s empowerment to foster inclusive development.
5. Environmental Sustainability:
- Addressing climate change and environmental degradation through investments in renewable energy, sustainable land management, and disaster risk reduction.
- Promoting sustainable tourism and natural resource management.
6. Governance and Institutions:
- Supporting public sector reforms to improve efficiency, transparency, and accountability.
- Strengthening the rule of law and promoting good governance to create a stable and predictable investment climate.
Implementation Framework
The partnership strategy is implemented through a combination of lending, technical assistance, and knowledge sharing. ADB provides financial support for infrastructure projects, policy reforms, and capacity building initiatives. Technical assistance is provided to strengthen institutional capacity, improve project design and implementation, and promote best practices. Knowledge sharing is facilitated through research, workshops, and policy dialogue.
Monitoring and Evaluation
The partnership strategy is monitored and evaluated regularly to assess progress and make necessary adjustments. Performance indicators are established for each priority area to track achievements and identify areas for improvement.
Conclusion
The ADB-Indonesia Partnership Strategy 2016-2019 provides a comprehensive framework for collaboration between ADB and Indonesia to achieve sustainable development goals. By focusing on key areas of cooperation, the partnership aims to accelerate economic growth, improve social development, protect the environment, and strengthen governance and institutions. The implementation of the strategy will contribute to a more prosperous, inclusive, and sustainable future for Indonesia.
