Protecting SMEs and Jobs through Disaster Risk Finance Tender, Indonesia - 105548061

Procurement Summary

Country : Indonesia

Summary : Protecting SMEs and Jobs through Disaster Risk Finance

Deadline : 22 Aug 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 105548061

Document Ref. No. : 0002010559

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Expression of Interest are invited for Indonesia: Protecting SMEs and Jobs through Disaster Risk Finance

Description: Small
and medium enterprises (SMEs) play a pivotal role in the Indonesian economy,
constituting a significant portion of the business landscape and workforce. In
2019, over 64 million SMEs were operational in Indonesia, accounting for 99.99%
of the total business population and employing 96.9% of the workforce. These enterprises contribute substantially to the national GDP, accounting for
60.5% of it. However, despite their economic significance, SMEs are
particularly vulnerable to the impacts of natural hazards.

By
integrating disaster risk financing (DRF) measures, SMEs can enhance their
financial resilience to absorb losses resulting from disasters and ensure
business continuity. DRF mechanisms facilitate access to capital during
post-disaster recovery, enabling SMEs to restore operations swiftly and
mitigate long-term financial strain.

Documents

 Tender Notice