MCC launches the USD650 million Indonesia Infrastructure and Finance Compact

The Millennium Challenge Corporation (MCC) and the Government of Indonesia have launched a USD649 million Indonesia Infrastructure and Finance Compact. The five-year grant aims to improve infrastructure and expand access to finance for small and medium enterprises, particularly women-owned businesses. The compact is led by the Millennium Challenge Account – Indonesia II (MCA-Indonesia II).

With an additional USD49 million from Indonesia, the compact will focus on infrastructure investments in South Sumatra, North Sulawesi, Riau, Riau Islands, and Bali. The program will also provide technical assistance to women entrepreneurs, enhancing business and financial skills. This compact is in line with MCC’s long-standing partnership with Indonesia, which began in 2006.