66432
                      Republic of Indonesia: Jakarta Urgent Flood Mitigation Project

                                               SUMMARY OF DISCUSSIONS

                                              Meeting of the Executive Directors

                                                               January 17, 2012



        The Executive Directors approved the Jakarta Urgent Flood Mitigation Project for the
Republic of Indonesia in the amount of US$139.64 million on the terms and payment conditions
set out in the President’s Memorandum (R2011-0276).

        Executive Directors welcomed and expressed support for the objectives of the Jakarta
Urgent Flood Mitigation Project, noting that flood mitigation is a critical priority development
issue for the Capital District of Jakarta. They also noted the several complexities associated with
the project but acknowledged that suitable institutional and implementation arrangements have
been put in place, and lessons from other projects incorporated.

       In this regard, some Directors asked for an elaboration on the collaboration and
coordination between the central and local governments as well as with other donors. The
importance of enhanced participation of households and private businesses in flood management
was stressed.




                                                            
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  This summary is not an approved record.