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IFC all set to invest $300m in Indonesia's tourism-related firms

26 days ago   |   By Travel and Tour World

The International Finance Corporation or IFC, a member of the World Bank Group, will invest up to $300 million in companies associated with tourism-related sectors in Indonesia, a top executive informed DEALSTREETASIA on Wednesday.
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IFC all set to invest $300m in Indonesia's tourism-related firms

IFC all set to invest $300m in Indonesia's tourism-related firms

26 days ago   |   By Travel and Tourworld

The International Finance Corporation or IFC, a member of the World Bank Group, will invest up to $300 million in companies associated with tourism-related sectors in Indonesia, a top executive informed DEALSTREETASIA on Wednesday. The figure is fixed for the fiscal year July 2019-June 2020. “We targets to have $300 million for our pipeline, which we want to invest in the companies. We cannot disclose the name of the companies yet, but they mostly operate to develop a tourism business in Indonesia,” IFC country manager for Indonesia, Malaysia, and Timor Leste Azzam Khan said. Also, IFC has...
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