Islamic Development Bank launches $2.56bn partnership strategy with Indonesia
The Islamic Development Bank and Indonesia have unveiled a new $2.56 billion partnership strategy for 2026-2030 to boost cooperation in key sectors.
Key Takeaways
AIIslamic Development Bank Group Chairman Mohammed Al-Jasser began an official visit to Indonesia today, which will continue until October 10, 2026. During the visit, he will meet with Indonesia’s Minister of Finance and IsDB Governor, Professor Suahasil Nazara, as well as several senior ministers and officials.
The visit marks the launch of the Islamic Development Bank Group’s Country Partnership Strategy with Indonesia for 2026–2030, with an estimated financing portfolio of $2.56 billion. The strategy aims to strengthen cooperation in infrastructure, connectivity and resilience, industrial development, health, education, and skills development.
Key discussion areas and cooperation priorities
The talks will focus on monitoring the implementation of ongoing bank-funded projects and preparing for future operations in health, strategic connectivity, food security, and other areas aligned with Indonesia’s priorities.
The two sides will also explore group-level cooperation opportunities in Islamic finance, trade finance, private sector development, and knowledge exchange.
Over five decades of partnership
The partnership between Indonesia and the Islamic Development Bank Group spans more than fifty years, with total approved financing reaching around $7.2 billion across nearly 350 operations.