Selanjutnya
FINANCIAL PROTOCOL
BETWEEN
THE GOVERNMENT OF THE FRENCH REPUBLIC
AND
THE GOVERNMENT OF THE REPUBLIC OF INDONESIA
fr-\
______________________
.......__________________________
fVC,.
Ｎ｟ｾ＠
With a view to strengthening the ties of friendship and cooperation which bind them, the
Government of the French Republic and the Government of the Republic of Indonesia have agreed to
conclude the present protocol to foster the economic development of Indonesia .
ARTICLE 1 - EXTENT AND PURPOSE OF FINANCIAL SUPPORT
The French Government grants the Government of the Republic of Indonesia a financial support
designed to finance projects included in the development priorities of Indonesia . The said support shall not
exceed 676.248 MF (SIX HUNDRED SEVENTY SIX MILLION TWO HUNDRED AND FORTY
EIGHT THOUSAND FRENCH FRANCS) and shall be used to finance the purchase of French goods and
services related to the implementation of projects referred to in annexes A and B to the present protocol.
ARTICLE 2 - BREAKDOWN OF FINANCE PACKAGE
The financial support provided in Article I hereof shall comprise :
- a grant from the French Treasury of a total amount not exceeding 4.928 MF;
- a loan from the French Treasury of a total amount not exceeding 302.094 MF;
- credits guaranteed by the French credit insurance Agency (COF ACE) of a total amount
not exceeding 369.226 MF .
Furthermore, additional guaranteed credits could be made available to the Government of the
Republic of Indonesia in order to finance the COF ACE premium related to the contracts.
ARTICLE 3 - MECHANISMS OF FINANCIAL SUPPORT
a) The financing of the project referred to in annex A hereto shall be provided by the French
Treasury grant.
b) The financing of the projects referred to in annex B hereto shall be provided jointly by the French
Treasury loan and the guaranteed credits . The COF ACE premium is paid by the borrower.
Each contract of goods and services referred to in annex B hereof shall give drawing rights on the
French Treasury loan and the guaranteed credits equal to 45 % and 55 % respectively of the total value of
the contract financed by the present protocol. The French Treasury loan shall be used to fully finance the
first instalment provided in each contract. The first instalment of each contract financed with the present
protocol shall amount to between 10 % and 20 % of the value of the contract. The French Treasury loan
p"1
___________________________________________________________________________.
f\iG
and guaranteed credits - used simultaneously - shall finance the remainder of the value of each of the
aforesaid contracts.
ARTICLE 4-CONDITIONS GOVERNING CREDIT FACILITIES
a) The French Treasury loan shall be granted for a period of 29 years, including a grace period of
10 years. The interest rate shall be 0.25 % per year. Said loan shall be repaid in 38 equal consecutive sixmonthly instalments, the first instalment falling due 126 months after the end of the calendar quarter during
which each drawing is made. Interest shall be payable on the total amount outstanding ; it shall be
applicable as of the date of each drawing on the French Treasury loan and shall be paid at six-monthly
intervals.
An agreement between Credit National, acting in name and on behalf of the Government of the
French Republic, and the Ministry of Finance acting in name and on behalf of the Government of the
Republic of Indonesia, shall define the mechanisms of application of the French Treasury grant and of the
French Treasury loan and the mechanisms of repayment of the said loan .
b) The guaranteed credit shall be granted for a period of 10 years and shall be repaid in 20 equal,
consecutive six-monthly instalments, the first instalment falling due six months after delivery of the
equipment or of completion of the project.
An agreement between the banks approved in France, under the care of AFB-Export, and the
Ministry of Finance acting in name and on behalf of the Government of the Republic of Indonesia, shall
define the mechanisms of application and of repayment of the said credit. The said agreement shall stipulate
that the interest rate applicable shall be the normal interest rate on the currency concerned on the date of
signature of the contract, under the rules of the OECD participant's agreement.
ARTICLE 5 - ADDITIONAL FINANCING
The Indonesian authorities will provide additional financing to those mentioned in this protocol to
complete the implementation of the projetcs referred to in Article 1.
ARTICLE 6 - CURRENCY OF ACCOUNT AND PAYMENT
All transactions under the terms of the present protocol shall be carried out in French Francs .
PM
f/G
ARTICLE 7 - IMPLEMENTATION DEADLINE AND EXPIRY DATE OF THE FRENCH
TREASURY LOAN
In order to qualify for the financial support provided m Article l hereof, contracts must be
concluded by December 31, 1996 at the latest, except of projet 1 of annex B that must be concluded by
December 31 , 1997. The final decision for qualification for financing under the terms of the present
protocol will have to be made three months after these dates at the latest.
No drawing on the French Treasury financing provided by the present protocol shall be made after
October 31 , 2000 . This date shall not be extended except by special agreement between the two
Governments in the event of exceptional difficulties .
ARTICLE 8 - FREIGHT AND INSURANCE
Freight and insurance to be financed under the present protocol are considered as French services
when :
- freight is provided under a bill of lading issued by French shipping company or under an airway
bill issued by French air-freight company or under a road bill issued by French company, and is certified by
the French appropriate authorities as being a French service.
- insurance is taken out with approved companies on the French market.
ARTICLE 9 - CONTRACTS COVERED
The final decision on whether contracts related to the projects referred to in Article 1 hereof qualify
for financial support under the terms of the present protocol shall be made by exchange of letters between
the Economic and Commercial Counsellor to the French Embassy in Jakarta acting with the authorization
of the competent French authorities and the competent Indonesian authorities .
For each project, the final decision shall be submitted to the conformity of the project to the rules
established by the participants to the OECD consensus .
In case of arrears related to French Treasury loans or guaranteed credits associated to French
Treasury loans or in case of indemnifications related to credits guaranteed by the French credit insurance
Agency (COFACE) and by the Government of the Republic of Indonesia, no final positive decision will be
possible.
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...
._______________________________________________________________________________
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ARTICLE IO-TAXATION
The payment of principal and interest due on the credits provided by the present protocol shall not
be reduced of any tax payment collected by the Government of the Republic of Indonesia. The grant from
the French Treasury shall not be used to finance any tax.
ARTICLE 11 - POST EVELUATION OF PROJECTS
The Government of the French Republic may proceed at its own cost to undertake post evaluation
of the projects financed under this protocol in order to appraise their impact on the economic development of
•
Indonesia . The Government of the Republic of Indonesia could, if it wished, participate in this evaluation in
order to benefit directly from the findings . The Government of the Republic of Indonesia agrees to welcome
the post-evaluation mission sent by the French Government and to facilitate the access to relevant
informations about the project.
ARTICLE 12 - DATE OF EFFECT
The present protocol shall come into force at the date of its signature.
IN WlTNESS THEREOF, the undersigned,
authorised for this purpose by their respective
Governments, have affixed thereupon their seals .
Done at Jakarta, the 28th of November 1995
(in four originals, two in the French language and
two in the English language, the two texts being
equally authoritative).
For the Government
of the French Republic
Signed
For the Government
of the Republic of Indonesia
Signed
ANNEX A
PROJECTS FINANCED BY FRENCH TREASURY GRANT
1/ Technical assistance for SIMKRI Part II Phase I
1 MF
2/ Improvement of high quality vegetables seed production
'
and marketing in Indonesia
0.928 MF
3/ Master Plan for Development of Tourism in Indonesia
3 MF
TOTAL:
4.928 MF
'
ANNEX B
PROJECTS FINANCED BY MIXED CREDITS
1/ Construction ofUjung Pandang Airport stage II
360MF
This project will be implemented through a competitive bidding
process open to eligible French companies or group of companies.
The procedure will be precised through an exchange of letters
between the French Embassy and the Directorate General of Air
Communications.
,
21 SIMKRI Project Part II Phase I
40MF
3/ Rehabilitation of TV transmitters phase I
80M
41 Remote sensing technology application
for natural resources management (phase I)
53 .6 MF
51 Project of Urology services
46.62 MF
61 South Sulawesi substation 150 KV Phase I
71.1 MF
7I Engineering design for Peusangan IV
5MF
8/ Rural electrification using solar home system
15 MF
TOTAL:
671.32 MF
c \. .
PROTOCOLE FINANCIER
ENTRE
LE GOUVERNEMENT DE LA REPUBLIQUE D'INDONESIE
ET
LE GOUVERNEMENT DE LA REPUBLIQUE FRANCAISE
Pour renforcer !es liens d'amitie et de cooperation qui !es unissent, le Gouvemement de la
Republique d'Indonesie et le Gouvemement de la Republique fran9aise sont convenus de conclure le present
protocole pour favoriser le developpement economique de l'lndonesie.
ARTICLE 1 - MONTANT ET OBJET DES CONCOURS FINANCIERS
Le Gouvemement de la Republique fran9aise consent au Gouvemement de la Republique
d'lndonesie des concours financiers destines a la realisation de projets s'inscrivant clans !es priorites de
developpement economique de la Republique d'Indonesie. Ces concours, d'un montant maximum de 676,248
MFF (SIX CENT SOIXANTE SEIZE MILLIONS DEUX CENT QUARANTE MILLE HUIT MILLE
FRANCS FRANCAIS) financeront l'achat de biens et services fran9ais relatifs a !'execution des projets
mentionnes en annexes A et Bau present protocole.
ARTICLE 2 - COMPOSITION DES FINANCEMENTS
Les concours financiers mentionnes a !'article I sont constitues :
- d'un don du Tresor fran9ais d'un montant maximal de 4,928 MFF ;
- d'un pret du Tresor fran9ais d'un montant maximal de 302,094 MFF;
- de credits bancaires garantis par la compagnie fran9aise d'assurance credit (COF ACE)
d'un montant maximal de 369,226 MFF.
En outre, des credits bancaires garantis complementaires pourront etre mis a disposition du
Gouvemement de la Republique d'Indonesie pour permettre le financement des primes d'assurance credit
liees aux contrats .
ARTICLE 3 - FINANCEMENT DES CONTRATS
a) Le financement des projets mentionnes en annexe A est assure par !'utilisation du don du Tresor.
Le premier acompte de chaque contrat relatif a ces projets sera compris entre I 0 % et 20 % du montant du
cont rat.
b) Le financement des projets mentionnes en annexe B est assure par !'utilisation conjointe du pret
du Tresor et des credits bancaires garantis. La prime d'assurance credit est a la charge de l'emprunteur.
Chaque contrat de biens et services relatif a ces projets ouvrira un droit de tirage sur le pret du
Tresor et sur !es credits bancaires garantis d'un montant egal respectivement a 45 % et a 55 % du montant
du contrat impute sur ce protocole. Le pret du Tresor servira a financer integralement le premier acompte
qui sera compris entre 10 % et 20 % du montant du contrat. Le solde sera finance par utilisation simultanee
du pret du Tresor et des credits bancaires garantis.
ARTICLE 4 - MODALITES D'UTILISATION DES CON COURS FINANCIERS
Le pret du Tresor fran9ais a une duree de 29 ans, dont 10 ans de franchise. Le taux d'interet est de
0,25 % !'an. Le principal est amortissable en 38 semestrialites egales et successives, la premiere echeant 126
mois apres la fin du trimestre civil au cours duquel les tirages auront ete effectues. Les interets sont calcules
sur le montant restant du; ils courent a partir de la date de chaque tirage sur le pret du Tresor fran9ais et
sont payes semestriellement.
Une convention d'application sera signee entre le Ministere des Finances de la Republique
d'lndonesie agissant au nom et pour le compte du Gouvemement de la Republique d'Indonesie et Credit
National agissant au nom et pour le compte du Gouvemement de la Republique fran9aise. Elle precisera Jes
modalites d'utilisation du don du Tresor fran9ais et !es modalites d'utilisation et de remboursement du pret
du Tresor fran9ais .
Les credits bancaires garantis, d'une duree de 10 ans, sont amortissables en 20 semestrialites egales
et successives, la premiere echeant six mois apres la livraison des equipements ou l'achevement des projets .
Une convention d'application sera signee entre le Ministere des Finances de la Republique
d'Indonesie agissant au nom et pour le compte du Gouvemement de la Republique d'Indonesie et Jes
etablissements de credit agrees en France ou autorises a exercer leur activite sur le territoire fran9ais, sous
l'egide d'AFB Export. Elle precisera Jes modalites d'utilisation et de remboursement des credits. Elle
stipulera que le taux d'interet sera celui defini par le consensus OCDE pour des credits de ce type, en
vigueur a la date de signature de chaque contrat de biens et services.
ARTICLE 5 - FINANCEMENTS COMPLEMENTAIRES
Les autorites indonesiennes s'engagent a mettre en place Jes fmancements complementaires
prevus au present protocole, necessaires a la realisation des projets mentionnes a !'article I .
a ceux
ARTICLE 6 - MONNAIE DE COMPTE ET DE PAIEMENT
La monnaie de compte et de paiement est le franc fran9ais .
ARTICLE 7 - DELAIS DE MISE EN OEUVRE
Pour beneficier des concours definis a !'article 1, !es contrats particuliers passes avec !es
prestataires fran9ais devront etre conclus au plus tard le 31 decembre 1996 excepte pour le projet I de
!'annexe B qui devrait etre conclu au plus tard le 31 decembre 1997. Tous ces contrats devront etre imputes
au plus tard trois mois apres ces dates.
Aucun tirage sur Jes financements accordes par le present protocole ne sera autorise
posterieurement au 31 octobre 2000. Cette date pourra etre prorogee en cas de circonstances
exceptionnelles, au cas par cas et apres accord mutuel par un echange de lettres entre !es deux
gouvemements.
ARTICLE 8 - TRANSPORT ET ASSURANCE
Le transport et !'assurance susceptibles d'etre finances par le present protocole sont consideres
comme services fran9ais lorsque :
- le fret est effectue SOUS connaissement ernis par un armateur fran9ais OU SOUS lettre de transport aerien
ernise par une COmpagnie fran9aise de transport aerien OU SOUS lettre de voiture emise par un transporteur
routier fran9ais , et certifie comme service fran9ais par l'autorite fran9aise competente ;
- Jes assurances sont souscrites aupres de compagnies agreees sur le marche fran9ais .
.....______________________________________________________________fVG__.
fM
ARTICLE 9 - IMPUTATION
L'imputation sur le present protocole des contrats relatifs aux projets mentionnes en annexe sera
decidee par echange de lettres entre !es autorites indonesiennes competentes et le conseiller economique et
commercial pres l'ambassade de France a Djakarta, agissant avec l'autorisation des autorites franc;aises
competentes.
L'imputation de chaque projet est subordonnee a la confonnite du projet aux regles etablies par !es
participants au consensus de l'OCDE.
Aucune imputation ne sera possible en cas d'arrieres sur prets du Tresor franc;ais ou sur credits
garantis associes des prets du Tresor consentis par le Gouvemement de la Republique franc;aise au
Gouvemement de la Republique d'lndonesie. Aucune imputation ne sera egalement possible en cas
d'indernnisation sur des credits bancaires garantis par l'Agence franc;aise d'assurance credit (COF ACE) et
par le Gouvemement de la Republique d'lndonesie.
a
ARTICLE 10 - IMPOTS ET TAXES
a
Les paiements en principal et inten'.lts lies !'execution du present protocole seront exemptes par le
Gouvemement de la Republique d'Indonesie de tout impot et taxe. Le don du Tresor franc;ais ne pourra etre
utilise pour le paiement d'impOt.
ARTICLE 11 - EVALUATION DES PROJETS
a
a
Le Gouvemement de la Republique franc;aise pourra faire proceder
ses frais
!'evaluation
retrospective des projets inscrits sur le protocole de maniere a en apprecier !'impact sur le developpement
economique de l'Indonesie. Le Gouvemement de la Republique d'Indonesie sera associe, s'il le souhaite, la
conduite de cette evaluation, selon des modalites qui seront a definir, afin de beneficier directement des
resultats de l'etude. Le Gouvemement de la Republique d'Indonesie s'engage
accueillir la mission
lui faciliter l'acces aux
d'evaluation envoyee par le Gouvemement de la Republique franc;aise et
informations concemant Jes projets.
a
a
a
ARTICLE 12 - ENTREE EN VIGUEUR
Le present protocole entrera en vigueur
a la date de sa signature.
EN FOi DE QUOI, Jes representants des deux
Gouvemements, dument autorises cet effet, ont signe le
present accord et y ont appose leur sceau .
a
Fait a Djakarta, le 28 novembre 1995
(en quatre exemplaires originaux, deux en langue
franc;aise et deux en langue anglaise, !es deux
textes faisant egalement foi).
Pour le Gouvemement
de la Republique d'Indonesie
Signed
Pour le Gouvemement
de la Republique franc;aise
Signed
FVG fM
ANNE XE A
PROJETS FINANCES PAR DONS DU TRESOR
11 Assistance technique au projet SIMKRI Heme Partie, Phase I
I MF
21 Etude de faisabilite pour la production de semences legumieres
0,928 MF
31 Schema directeur pour le developpement du tourisme
3 MF
TOTAL:
4,928 MF
ANN EXE B
PROJETS FINANCES PAR CREDITS MIXTES
I/ Aeroport d'Ujung Pandang (2eme phase)
Ce projet sera mis en oeuvre par un appel d'offres ouvert
aux entreprises ou groupes d'entreprises fran9ais qualifies.
Cette procedure sera precisee par un echange de lettres
entre l'Ambassade de France a Djakarta et la Direction Generale
de !'Aviation Civile
360MF
21 SIMKRI Heme Partie, Phase I
3/ Rehabilitation d'emetteurs pour la television publique
indonesienne (Phase I)
41 Teledetection pour la gestion des ressources naturelles)
51 Equipements d'urologie
61 Equipements pour des sous-stations electriques
de 150 KV (Sud Sulawesi)
7I Etude de detail pour le barrage Peusangan IV
8/ Electrification rurale par energie photovoltaique
40MF
TOTAL:
671,32 MF
80MF
53,6 MF
46,62 MF
71 , 1 MF
5 MF
15 MF
________________________________________________________________________....
FVG f r-1
..
.,
..
Fl:\A1\CIAL PROTOCOL
BET\VEEI\
THE GOVER:\l\IENT OF THE REPCBLIC OF I:\DO:\ESL-\
A:\D
THE GOVERN1"1El\T ·OF THE FREl'iCH REPL'.BLIC
With a view to strengthening the ties of friendship and cooperation which bind them, the
Government of the Republic of lndonesia and th e Government of the French Republic ha ve agreed to
conclude the present protocol to foster the economic development of Indonesia
ARTICLE 1 - EXTENT AND PURPOSE OF
ｆｬｾａｎｃｉｌ＠
SUPPORT
ll1e French Government grants the Government of the Republ ic of Indonesia a financial support
designe_d to financ e projects included in the development pnorit1es of Indonesia ll1e said support shall not
•
exceed 676 2-i8 i\IF (SI:\ Hlit\DRED SEVE:'\n· SIX i\llLLIOI\ T\VO HL0:DRED A:'-:D FORTY
EIGHT THOL'S_-\'-.;D
..
ｆｒｅｾｃｈ＠
FRA:'-iCS) and shall be used to finance the purchase of French goods and
semces related to the implementation of proj ects referred to
ARTICLE 2 - BRE.-\KDOW°' OF
ｆｬｾａｃｅ＠
Ill
anJlexes A and B w the present protocol
PACKAGE
The fmancial support provided in Article I hereof shall comprise •
- a grant from the French Treasury of a total amow1t not e.xceedi_ng -l 9: 8 \IF :
- a loan from the French Treasury ofa total amow1t not exceeding
ＳＰｾ＠
no.+ \l!='.
- credits guaranteed by the French credit insurance Agency ICOF.-\CE) of a tmal amount
not exceeding 369.226 MF
Furthem1ore, additional guaranteed credits could be made available to the Government of the
Republic of Indonesia in order to fi11ance the COFACE premium related to the contracts .
ARTICLE 3 - MECHANISMS OF FINANCL-\L SUPPORT
a) The fillancing of the project referred to in annex A hereto shall be provided by the French
Treasury grant.
b) The fmancing ofthe projects referred to in annex B hereto shall be provided jointly by tJ1e French
Treasury loan and the guaranteed credits . The COF ACE premium is paid by tlie borrower
Each contract of goods and services referred to in annex B hereof shall give drawing rights on the
French Treasury loan and the guaranteed credits equal to 45 % and 55 % respectively of the total value of
the contract financed by the present protocol 111e French Treasury loan shall be used to fully finance the
first instalment provided in each contract . The first instalment of each contract financed witli tJ1e present
protocol shall amount to between l 0 % and 20 % of tJ1e value of the contract The French Treasury loan
fO
and guaranteed credits - used simultaneously - shall finance the remainder of the value of each of the
aforesaid contracts .
ARTICLE 4 - CONDITIONS GOVERNl:\TG CREDIT FACILITIES
a) The French Treasury loan shall be granted for a period of 29 years, including a grace period of
10 yea rs. The interest rate shall be 0.25 % per year Said loan shall be repaid m 38 equal consecut1\e s1xmonthly instalments, the first instalment falling due 126 months after the end of the calendar quarter during
•
wh ich each drawmg is made Interest shall be payable on the total amount outstanding , it shall be
applicable as of the date of each drawmg on the French Treasury loan and shall be paid at six-monthly
•
intervals .
An agreement between the \l1111 stry of F111ance acting
111
name and on behalf of the Go,emment of
the Republic of Indonesia and Credit J\iat1onaL acting u1 name and on behalf of th e Go,emment of the
French Republic, shall defme the mecharnsms of application of the French Treasury grant and of the French
Treasury loan and the mechanisms of repayment of the said loan
b) The guaranteed credit shall be granted for a period of 10 years and shall be repaid m 20 equal,
consecutive six-monthly instalments, the first instalment fallmg due six months after del1\·ef\ of t11e
equipment or of completion of the project .
An agreement betv.een the Mmistry of Finance acting
mname and on
behalf of tl1e Government of
the Republic of Indonesia and t11e banks approved m France, under t11e care of AFB-Export, . shall define
the mechanisms of application and of repayment of tl1e said credit The said agreement shall stipulate that
the interest rate applicable shall be the nom1al interest rate on t11e currency concerned on tl1e date of
signature of the contract, under the rules of tl1e OECD participant's agreement
ARTICLE 5 - ADDITIONAL FTNANCING
The Indonesians authorities will provide additional financing to those mentioned in this protocol to
complete the implementation of tl1e projetcs referred to
mArticle
I.
ARTICLE 6 - CURRENCY OF ACCOUNT AND PA ｾｉｅｎｔ＠
All transactions under the terms of the present protocol shall be carried out in French Francs
ARTICLE 7 - l!\JPLEMENTA TION DEADLINE AND EXPIRY DATE OF THE FRENCH
TREASURY LOAN
In order to qualify for the financial support provided in Article l hereof, contracts must be
concluded by December 3 l, 1996 at the latest, except of proJet I of anne.x B that must be concluded by
December 31,
J 9C)7
ll1e final decis ion for qual ification for financing under the tem1s of the present
protocol ....;11 have to be made tJiree months after these dates at the latest
...
ｾｯ＠
dra\ving on the French Treasury financmg provided by the present protocol shal l be made after
October 31 , 2000 ll11 s date shall not be e:-.:tended except by special agreement bet\'een the
•
t'·' O
Governments u1 the e' ent of exceptional difficulties
ARTICLE 8 - FREIGHT A:\D l:\StR-\:\CE
Freight and msu ranee to be financed under tJ1e present protocol are considered as French services
\•.:hen ·
- freight 1s provided wider a bill of lading issued by French shippmg company or under an airway
bill issued by French air-freight compan:-: or under a road bill issued by French company, and 1s certified by
the French appropriate authonties as being a French service.
- insurance is taken out witJ1 approved companies on the French market
ARTICLE 9 - CO:\TR-\CTS COVERED
ll1e final decision on whether contracts related to the projects referred to in Article 1 hereof qualify
II
•
for fmancial support under the temis of tJ1e present protocol shall be made by exchange of letters bet\veen
the competent Indonesian Authorities and the Economic and Commercial Counsellor to the French Embassy
'
m Jakarta act mg with the authorization of the competent French authorities .
For each project, the final decision shall be submitted to the confom1ity of the project to the rules
established by the participants to the OECD consensus
In case of arrears related to French Treasury loans or guaranteed credits associated to French
Treasury loans or m case of mdemnifications related to credits guaranteed by the French credit insurance
Agency (COF ACE) and by the Government of the Rc>public of Indonesia, no final positive decision will be
possible
•
ARTICLF: 10 - TAXATION
The payment of principal and interest due on the credits provided by the present protocol shall not
be reduced of any tax collected by the Government of the Repu bl 1c of Indonesia . The grant from tJ1e French
Treasury shall not be used to finance any tax .
•
ARTICLE 11 - POST EVELllATION OF PROJECTS
•
The Government of the Republic of France may proceed at its own cost to undertake post
evaluation of the projects financed under this protocol in order to appraise their impact on the economic
development of Indonesia The Government of the Republic of Indonesia could, if it wished, participate in
this evaluation in order to benefit directly from the findings . The Government of the Republic of Indonesia
agrees to welcome the post-evaluation mission sent by the French Government and to facilitate the access to
relevant infonnations about the project
ARTICLE 12 - DATE OF EFFECT
The present protocol shall come mto force at the date of its signature
lN WITNESS THEREOF, the undersigned,
authorised for this purpose by their respective
Governments, have affixed thereupon their seals .
•
•
Done at Jakarta, the 28th of November 1995
(in four originals, two in the French language and
two in the English language, the two texts being
equally authoritative).
For the Government
of the Republic of Indonesia
Signed
f)
For the Government
of the French Republic
Signed
•
ANNEX A
PROJECTS FINANCED BY FRENCH TREASURY GRANT
I/ Technical assistance for SIMKRI Part II Phase I
I !'vCF
21 Improvement of high quality vegetables seed production
0.928 !'vCF
and marketing in Indonesia
•
· 31 Master Plan for Development of Tourism in Indonesia
TOTAL:
J !'vCF
4.928 MF
ANNEX B
PROJECTS FINANCED BY MIXED CREDITS
l/ Construction of Ujung Pandang Airport stage II
360 !'vCF
This project will be implemented through a competitive bidding
process open to eligible French companies or group of companies.
The procedure will be precised through an exchange ofletters-
between the French Embassy and the Directorate General
of Air Communications
..
21 SLvlKRI Project Part II Phase I
40 i'vCF
3/ Rehabilitation of TV transmitters phase I
SOM
41 Remote sensing technology application
p
for natural resources management (phase I)
51 Project of Urology services
46.62 !'vCF
61 South Sulawesi substation 150 KV Phase I
71. l !'vfF
71 Engineering design for Peusangan IV
5 !'vCF
8/ Rural electrification using solar home system
15 !'vfF
TOTAL:
671.32 MF
53 .6!\tCF
BETWEEN
THE GOVERNMENT OF THE FRENCH REPUBLIC
AND
THE GOVERNMENT OF THE REPUBLIC OF INDONESIA
fr-\
______________________
.......__________________________
fVC,.
Ｎ｟ｾ＠
With a view to strengthening the ties of friendship and cooperation which bind them, the
Government of the French Republic and the Government of the Republic of Indonesia have agreed to
conclude the present protocol to foster the economic development of Indonesia .
ARTICLE 1 - EXTENT AND PURPOSE OF FINANCIAL SUPPORT
The French Government grants the Government of the Republic of Indonesia a financial support
designed to finance projects included in the development priorities of Indonesia . The said support shall not
exceed 676.248 MF (SIX HUNDRED SEVENTY SIX MILLION TWO HUNDRED AND FORTY
EIGHT THOUSAND FRENCH FRANCS) and shall be used to finance the purchase of French goods and
services related to the implementation of projects referred to in annexes A and B to the present protocol.
ARTICLE 2 - BREAKDOWN OF FINANCE PACKAGE
The financial support provided in Article I hereof shall comprise :
- a grant from the French Treasury of a total amount not exceeding 4.928 MF;
- a loan from the French Treasury of a total amount not exceeding 302.094 MF;
- credits guaranteed by the French credit insurance Agency (COF ACE) of a total amount
not exceeding 369.226 MF .
Furthermore, additional guaranteed credits could be made available to the Government of the
Republic of Indonesia in order to finance the COF ACE premium related to the contracts.
ARTICLE 3 - MECHANISMS OF FINANCIAL SUPPORT
a) The financing of the project referred to in annex A hereto shall be provided by the French
Treasury grant.
b) The financing of the projects referred to in annex B hereto shall be provided jointly by the French
Treasury loan and the guaranteed credits . The COF ACE premium is paid by the borrower.
Each contract of goods and services referred to in annex B hereof shall give drawing rights on the
French Treasury loan and the guaranteed credits equal to 45 % and 55 % respectively of the total value of
the contract financed by the present protocol. The French Treasury loan shall be used to fully finance the
first instalment provided in each contract. The first instalment of each contract financed with the present
protocol shall amount to between 10 % and 20 % of the value of the contract. The French Treasury loan
p"1
___________________________________________________________________________.
f\iG
and guaranteed credits - used simultaneously - shall finance the remainder of the value of each of the
aforesaid contracts.
ARTICLE 4-CONDITIONS GOVERNING CREDIT FACILITIES
a) The French Treasury loan shall be granted for a period of 29 years, including a grace period of
10 years. The interest rate shall be 0.25 % per year. Said loan shall be repaid in 38 equal consecutive sixmonthly instalments, the first instalment falling due 126 months after the end of the calendar quarter during
which each drawing is made. Interest shall be payable on the total amount outstanding ; it shall be
applicable as of the date of each drawing on the French Treasury loan and shall be paid at six-monthly
intervals.
An agreement between Credit National, acting in name and on behalf of the Government of the
French Republic, and the Ministry of Finance acting in name and on behalf of the Government of the
Republic of Indonesia, shall define the mechanisms of application of the French Treasury grant and of the
French Treasury loan and the mechanisms of repayment of the said loan .
b) The guaranteed credit shall be granted for a period of 10 years and shall be repaid in 20 equal,
consecutive six-monthly instalments, the first instalment falling due six months after delivery of the
equipment or of completion of the project.
An agreement between the banks approved in France, under the care of AFB-Export, and the
Ministry of Finance acting in name and on behalf of the Government of the Republic of Indonesia, shall
define the mechanisms of application and of repayment of the said credit. The said agreement shall stipulate
that the interest rate applicable shall be the normal interest rate on the currency concerned on the date of
signature of the contract, under the rules of the OECD participant's agreement.
ARTICLE 5 - ADDITIONAL FINANCING
The Indonesian authorities will provide additional financing to those mentioned in this protocol to
complete the implementation of the projetcs referred to in Article 1.
ARTICLE 6 - CURRENCY OF ACCOUNT AND PAYMENT
All transactions under the terms of the present protocol shall be carried out in French Francs .
PM
f/G
ARTICLE 7 - IMPLEMENTATION DEADLINE AND EXPIRY DATE OF THE FRENCH
TREASURY LOAN
In order to qualify for the financial support provided m Article l hereof, contracts must be
concluded by December 31, 1996 at the latest, except of projet 1 of annex B that must be concluded by
December 31 , 1997. The final decision for qualification for financing under the terms of the present
protocol will have to be made three months after these dates at the latest.
No drawing on the French Treasury financing provided by the present protocol shall be made after
October 31 , 2000 . This date shall not be extended except by special agreement between the two
Governments in the event of exceptional difficulties .
ARTICLE 8 - FREIGHT AND INSURANCE
Freight and insurance to be financed under the present protocol are considered as French services
when :
- freight is provided under a bill of lading issued by French shipping company or under an airway
bill issued by French air-freight company or under a road bill issued by French company, and is certified by
the French appropriate authorities as being a French service.
- insurance is taken out with approved companies on the French market.
ARTICLE 9 - CONTRACTS COVERED
The final decision on whether contracts related to the projects referred to in Article 1 hereof qualify
for financial support under the terms of the present protocol shall be made by exchange of letters between
the Economic and Commercial Counsellor to the French Embassy in Jakarta acting with the authorization
of the competent French authorities and the competent Indonesian authorities .
For each project, the final decision shall be submitted to the conformity of the project to the rules
established by the participants to the OECD consensus .
In case of arrears related to French Treasury loans or guaranteed credits associated to French
Treasury loans or in case of indemnifications related to credits guaranteed by the French credit insurance
Agency (COFACE) and by the Government of the Republic of Indonesia, no final positive decision will be
possible.
f' (\
...
._______________________________________________________________________________
ff(,
ARTICLE IO-TAXATION
The payment of principal and interest due on the credits provided by the present protocol shall not
be reduced of any tax payment collected by the Government of the Republic of Indonesia. The grant from
the French Treasury shall not be used to finance any tax.
ARTICLE 11 - POST EVELUATION OF PROJECTS
The Government of the French Republic may proceed at its own cost to undertake post evaluation
of the projects financed under this protocol in order to appraise their impact on the economic development of
•
Indonesia . The Government of the Republic of Indonesia could, if it wished, participate in this evaluation in
order to benefit directly from the findings . The Government of the Republic of Indonesia agrees to welcome
the post-evaluation mission sent by the French Government and to facilitate the access to relevant
informations about the project.
ARTICLE 12 - DATE OF EFFECT
The present protocol shall come into force at the date of its signature.
IN WlTNESS THEREOF, the undersigned,
authorised for this purpose by their respective
Governments, have affixed thereupon their seals .
Done at Jakarta, the 28th of November 1995
(in four originals, two in the French language and
two in the English language, the two texts being
equally authoritative).
For the Government
of the French Republic
Signed
For the Government
of the Republic of Indonesia
Signed
ANNEX A
PROJECTS FINANCED BY FRENCH TREASURY GRANT
1/ Technical assistance for SIMKRI Part II Phase I
1 MF
2/ Improvement of high quality vegetables seed production
'
and marketing in Indonesia
0.928 MF
3/ Master Plan for Development of Tourism in Indonesia
3 MF
TOTAL:
4.928 MF
'
ANNEX B
PROJECTS FINANCED BY MIXED CREDITS
1/ Construction ofUjung Pandang Airport stage II
360MF
This project will be implemented through a competitive bidding
process open to eligible French companies or group of companies.
The procedure will be precised through an exchange of letters
between the French Embassy and the Directorate General of Air
Communications.
,
21 SIMKRI Project Part II Phase I
40MF
3/ Rehabilitation of TV transmitters phase I
80M
41 Remote sensing technology application
for natural resources management (phase I)
53 .6 MF
51 Project of Urology services
46.62 MF
61 South Sulawesi substation 150 KV Phase I
71.1 MF
7I Engineering design for Peusangan IV
5MF
8/ Rural electrification using solar home system
15 MF
TOTAL:
671.32 MF
c \. .
PROTOCOLE FINANCIER
ENTRE
LE GOUVERNEMENT DE LA REPUBLIQUE D'INDONESIE
ET
LE GOUVERNEMENT DE LA REPUBLIQUE FRANCAISE
Pour renforcer !es liens d'amitie et de cooperation qui !es unissent, le Gouvemement de la
Republique d'Indonesie et le Gouvemement de la Republique fran9aise sont convenus de conclure le present
protocole pour favoriser le developpement economique de l'lndonesie.
ARTICLE 1 - MONTANT ET OBJET DES CONCOURS FINANCIERS
Le Gouvemement de la Republique fran9aise consent au Gouvemement de la Republique
d'lndonesie des concours financiers destines a la realisation de projets s'inscrivant clans !es priorites de
developpement economique de la Republique d'Indonesie. Ces concours, d'un montant maximum de 676,248
MFF (SIX CENT SOIXANTE SEIZE MILLIONS DEUX CENT QUARANTE MILLE HUIT MILLE
FRANCS FRANCAIS) financeront l'achat de biens et services fran9ais relatifs a !'execution des projets
mentionnes en annexes A et Bau present protocole.
ARTICLE 2 - COMPOSITION DES FINANCEMENTS
Les concours financiers mentionnes a !'article I sont constitues :
- d'un don du Tresor fran9ais d'un montant maximal de 4,928 MFF ;
- d'un pret du Tresor fran9ais d'un montant maximal de 302,094 MFF;
- de credits bancaires garantis par la compagnie fran9aise d'assurance credit (COF ACE)
d'un montant maximal de 369,226 MFF.
En outre, des credits bancaires garantis complementaires pourront etre mis a disposition du
Gouvemement de la Republique d'Indonesie pour permettre le financement des primes d'assurance credit
liees aux contrats .
ARTICLE 3 - FINANCEMENT DES CONTRATS
a) Le financement des projets mentionnes en annexe A est assure par !'utilisation du don du Tresor.
Le premier acompte de chaque contrat relatif a ces projets sera compris entre I 0 % et 20 % du montant du
cont rat.
b) Le financement des projets mentionnes en annexe B est assure par !'utilisation conjointe du pret
du Tresor et des credits bancaires garantis. La prime d'assurance credit est a la charge de l'emprunteur.
Chaque contrat de biens et services relatif a ces projets ouvrira un droit de tirage sur le pret du
Tresor et sur !es credits bancaires garantis d'un montant egal respectivement a 45 % et a 55 % du montant
du contrat impute sur ce protocole. Le pret du Tresor servira a financer integralement le premier acompte
qui sera compris entre 10 % et 20 % du montant du contrat. Le solde sera finance par utilisation simultanee
du pret du Tresor et des credits bancaires garantis.
ARTICLE 4 - MODALITES D'UTILISATION DES CON COURS FINANCIERS
Le pret du Tresor fran9ais a une duree de 29 ans, dont 10 ans de franchise. Le taux d'interet est de
0,25 % !'an. Le principal est amortissable en 38 semestrialites egales et successives, la premiere echeant 126
mois apres la fin du trimestre civil au cours duquel les tirages auront ete effectues. Les interets sont calcules
sur le montant restant du; ils courent a partir de la date de chaque tirage sur le pret du Tresor fran9ais et
sont payes semestriellement.
Une convention d'application sera signee entre le Ministere des Finances de la Republique
d'lndonesie agissant au nom et pour le compte du Gouvemement de la Republique d'Indonesie et Credit
National agissant au nom et pour le compte du Gouvemement de la Republique fran9aise. Elle precisera Jes
modalites d'utilisation du don du Tresor fran9ais et !es modalites d'utilisation et de remboursement du pret
du Tresor fran9ais .
Les credits bancaires garantis, d'une duree de 10 ans, sont amortissables en 20 semestrialites egales
et successives, la premiere echeant six mois apres la livraison des equipements ou l'achevement des projets .
Une convention d'application sera signee entre le Ministere des Finances de la Republique
d'Indonesie agissant au nom et pour le compte du Gouvemement de la Republique d'Indonesie et Jes
etablissements de credit agrees en France ou autorises a exercer leur activite sur le territoire fran9ais, sous
l'egide d'AFB Export. Elle precisera Jes modalites d'utilisation et de remboursement des credits. Elle
stipulera que le taux d'interet sera celui defini par le consensus OCDE pour des credits de ce type, en
vigueur a la date de signature de chaque contrat de biens et services.
ARTICLE 5 - FINANCEMENTS COMPLEMENTAIRES
Les autorites indonesiennes s'engagent a mettre en place Jes fmancements complementaires
prevus au present protocole, necessaires a la realisation des projets mentionnes a !'article I .
a ceux
ARTICLE 6 - MONNAIE DE COMPTE ET DE PAIEMENT
La monnaie de compte et de paiement est le franc fran9ais .
ARTICLE 7 - DELAIS DE MISE EN OEUVRE
Pour beneficier des concours definis a !'article 1, !es contrats particuliers passes avec !es
prestataires fran9ais devront etre conclus au plus tard le 31 decembre 1996 excepte pour le projet I de
!'annexe B qui devrait etre conclu au plus tard le 31 decembre 1997. Tous ces contrats devront etre imputes
au plus tard trois mois apres ces dates.
Aucun tirage sur Jes financements accordes par le present protocole ne sera autorise
posterieurement au 31 octobre 2000. Cette date pourra etre prorogee en cas de circonstances
exceptionnelles, au cas par cas et apres accord mutuel par un echange de lettres entre !es deux
gouvemements.
ARTICLE 8 - TRANSPORT ET ASSURANCE
Le transport et !'assurance susceptibles d'etre finances par le present protocole sont consideres
comme services fran9ais lorsque :
- le fret est effectue SOUS connaissement ernis par un armateur fran9ais OU SOUS lettre de transport aerien
ernise par une COmpagnie fran9aise de transport aerien OU SOUS lettre de voiture emise par un transporteur
routier fran9ais , et certifie comme service fran9ais par l'autorite fran9aise competente ;
- Jes assurances sont souscrites aupres de compagnies agreees sur le marche fran9ais .
.....______________________________________________________________fVG__.
fM
ARTICLE 9 - IMPUTATION
L'imputation sur le present protocole des contrats relatifs aux projets mentionnes en annexe sera
decidee par echange de lettres entre !es autorites indonesiennes competentes et le conseiller economique et
commercial pres l'ambassade de France a Djakarta, agissant avec l'autorisation des autorites franc;aises
competentes.
L'imputation de chaque projet est subordonnee a la confonnite du projet aux regles etablies par !es
participants au consensus de l'OCDE.
Aucune imputation ne sera possible en cas d'arrieres sur prets du Tresor franc;ais ou sur credits
garantis associes des prets du Tresor consentis par le Gouvemement de la Republique franc;aise au
Gouvemement de la Republique d'lndonesie. Aucune imputation ne sera egalement possible en cas
d'indernnisation sur des credits bancaires garantis par l'Agence franc;aise d'assurance credit (COF ACE) et
par le Gouvemement de la Republique d'lndonesie.
a
ARTICLE 10 - IMPOTS ET TAXES
a
Les paiements en principal et inten'.lts lies !'execution du present protocole seront exemptes par le
Gouvemement de la Republique d'Indonesie de tout impot et taxe. Le don du Tresor franc;ais ne pourra etre
utilise pour le paiement d'impOt.
ARTICLE 11 - EVALUATION DES PROJETS
a
a
Le Gouvemement de la Republique franc;aise pourra faire proceder
ses frais
!'evaluation
retrospective des projets inscrits sur le protocole de maniere a en apprecier !'impact sur le developpement
economique de l'Indonesie. Le Gouvemement de la Republique d'Indonesie sera associe, s'il le souhaite, la
conduite de cette evaluation, selon des modalites qui seront a definir, afin de beneficier directement des
resultats de l'etude. Le Gouvemement de la Republique d'Indonesie s'engage
accueillir la mission
lui faciliter l'acces aux
d'evaluation envoyee par le Gouvemement de la Republique franc;aise et
informations concemant Jes projets.
a
a
a
ARTICLE 12 - ENTREE EN VIGUEUR
Le present protocole entrera en vigueur
a la date de sa signature.
EN FOi DE QUOI, Jes representants des deux
Gouvemements, dument autorises cet effet, ont signe le
present accord et y ont appose leur sceau .
a
Fait a Djakarta, le 28 novembre 1995
(en quatre exemplaires originaux, deux en langue
franc;aise et deux en langue anglaise, !es deux
textes faisant egalement foi).
Pour le Gouvemement
de la Republique d'Indonesie
Signed
Pour le Gouvemement
de la Republique franc;aise
Signed
FVG fM
ANNE XE A
PROJETS FINANCES PAR DONS DU TRESOR
11 Assistance technique au projet SIMKRI Heme Partie, Phase I
I MF
21 Etude de faisabilite pour la production de semences legumieres
0,928 MF
31 Schema directeur pour le developpement du tourisme
3 MF
TOTAL:
4,928 MF
ANN EXE B
PROJETS FINANCES PAR CREDITS MIXTES
I/ Aeroport d'Ujung Pandang (2eme phase)
Ce projet sera mis en oeuvre par un appel d'offres ouvert
aux entreprises ou groupes d'entreprises fran9ais qualifies.
Cette procedure sera precisee par un echange de lettres
entre l'Ambassade de France a Djakarta et la Direction Generale
de !'Aviation Civile
360MF
21 SIMKRI Heme Partie, Phase I
3/ Rehabilitation d'emetteurs pour la television publique
indonesienne (Phase I)
41 Teledetection pour la gestion des ressources naturelles)
51 Equipements d'urologie
61 Equipements pour des sous-stations electriques
de 150 KV (Sud Sulawesi)
7I Etude de detail pour le barrage Peusangan IV
8/ Electrification rurale par energie photovoltaique
40MF
TOTAL:
671,32 MF
80MF
53,6 MF
46,62 MF
71 , 1 MF
5 MF
15 MF
________________________________________________________________________....
FVG f r-1
..
.,
..
Fl:\A1\CIAL PROTOCOL
BET\VEEI\
THE GOVER:\l\IENT OF THE REPCBLIC OF I:\DO:\ESL-\
A:\D
THE GOVERN1"1El\T ·OF THE FREl'iCH REPL'.BLIC
With a view to strengthening the ties of friendship and cooperation which bind them, the
Government of the Republic of lndonesia and th e Government of the French Republic ha ve agreed to
conclude the present protocol to foster the economic development of Indonesia
ARTICLE 1 - EXTENT AND PURPOSE OF
ｆｬｾａｎｃｉｌ＠
SUPPORT
ll1e French Government grants the Government of the Republ ic of Indonesia a financial support
designe_d to financ e projects included in the development pnorit1es of Indonesia ll1e said support shall not
•
exceed 676 2-i8 i\IF (SI:\ Hlit\DRED SEVE:'\n· SIX i\llLLIOI\ T\VO HL0:DRED A:'-:D FORTY
EIGHT THOL'S_-\'-.;D
..
ｆｒｅｾｃｈ＠
FRA:'-iCS) and shall be used to finance the purchase of French goods and
semces related to the implementation of proj ects referred to
ARTICLE 2 - BRE.-\KDOW°' OF
ｆｬｾａｃｅ＠
Ill
anJlexes A and B w the present protocol
PACKAGE
The fmancial support provided in Article I hereof shall comprise •
- a grant from the French Treasury of a total amow1t not e.xceedi_ng -l 9: 8 \IF :
- a loan from the French Treasury ofa total amow1t not exceeding
ＳＰｾ＠
no.+ \l!='.
- credits guaranteed by the French credit insurance Agency ICOF.-\CE) of a tmal amount
not exceeding 369.226 MF
Furthem1ore, additional guaranteed credits could be made available to the Government of the
Republic of Indonesia in order to fi11ance the COFACE premium related to the contracts .
ARTICLE 3 - MECHANISMS OF FINANCL-\L SUPPORT
a) The fillancing of the project referred to in annex A hereto shall be provided by the French
Treasury grant.
b) The fmancing ofthe projects referred to in annex B hereto shall be provided jointly by tJ1e French
Treasury loan and the guaranteed credits . The COF ACE premium is paid by tlie borrower
Each contract of goods and services referred to in annex B hereof shall give drawing rights on the
French Treasury loan and the guaranteed credits equal to 45 % and 55 % respectively of the total value of
the contract financed by the present protocol 111e French Treasury loan shall be used to fully finance the
first instalment provided in each contract . The first instalment of each contract financed witli tJ1e present
protocol shall amount to between l 0 % and 20 % of tJ1e value of the contract The French Treasury loan
fO
and guaranteed credits - used simultaneously - shall finance the remainder of the value of each of the
aforesaid contracts .
ARTICLE 4 - CONDITIONS GOVERNl:\TG CREDIT FACILITIES
a) The French Treasury loan shall be granted for a period of 29 years, including a grace period of
10 yea rs. The interest rate shall be 0.25 % per year Said loan shall be repaid m 38 equal consecut1\e s1xmonthly instalments, the first instalment falling due 126 months after the end of the calendar quarter during
•
wh ich each drawmg is made Interest shall be payable on the total amount outstanding , it shall be
applicable as of the date of each drawmg on the French Treasury loan and shall be paid at six-monthly
•
intervals .
An agreement between the \l1111 stry of F111ance acting
111
name and on behalf of the Go,emment of
the Republic of Indonesia and Credit J\iat1onaL acting u1 name and on behalf of th e Go,emment of the
French Republic, shall defme the mecharnsms of application of the French Treasury grant and of the French
Treasury loan and the mechanisms of repayment of the said loan
b) The guaranteed credit shall be granted for a period of 10 years and shall be repaid m 20 equal,
consecutive six-monthly instalments, the first instalment fallmg due six months after del1\·ef\ of t11e
equipment or of completion of the project .
An agreement betv.een the Mmistry of Finance acting
mname and on
behalf of tl1e Government of
the Republic of Indonesia and t11e banks approved m France, under t11e care of AFB-Export, . shall define
the mechanisms of application and of repayment of tl1e said credit The said agreement shall stipulate that
the interest rate applicable shall be the nom1al interest rate on t11e currency concerned on tl1e date of
signature of the contract, under the rules of tl1e OECD participant's agreement
ARTICLE 5 - ADDITIONAL FTNANCING
The Indonesians authorities will provide additional financing to those mentioned in this protocol to
complete the implementation of tl1e projetcs referred to
mArticle
I.
ARTICLE 6 - CURRENCY OF ACCOUNT AND PA ｾｉｅｎｔ＠
All transactions under the terms of the present protocol shall be carried out in French Francs
ARTICLE 7 - l!\JPLEMENTA TION DEADLINE AND EXPIRY DATE OF THE FRENCH
TREASURY LOAN
In order to qualify for the financial support provided in Article l hereof, contracts must be
concluded by December 3 l, 1996 at the latest, except of proJet I of anne.x B that must be concluded by
December 31,
J 9C)7
ll1e final decis ion for qual ification for financing under the tem1s of the present
protocol ....;11 have to be made tJiree months after these dates at the latest
...
ｾｯ＠
dra\ving on the French Treasury financmg provided by the present protocol shal l be made after
October 31 , 2000 ll11 s date shall not be e:-.:tended except by special agreement bet\'een the
•
t'·' O
Governments u1 the e' ent of exceptional difficulties
ARTICLE 8 - FREIGHT A:\D l:\StR-\:\CE
Freight and msu ranee to be financed under tJ1e present protocol are considered as French services
\•.:hen ·
- freight 1s provided wider a bill of lading issued by French shippmg company or under an airway
bill issued by French air-freight compan:-: or under a road bill issued by French company, and 1s certified by
the French appropriate authonties as being a French service.
- insurance is taken out witJ1 approved companies on the French market
ARTICLE 9 - CO:\TR-\CTS COVERED
ll1e final decision on whether contracts related to the projects referred to in Article 1 hereof qualify
II
•
for fmancial support under the temis of tJ1e present protocol shall be made by exchange of letters bet\veen
the competent Indonesian Authorities and the Economic and Commercial Counsellor to the French Embassy
'
m Jakarta act mg with the authorization of the competent French authorities .
For each project, the final decision shall be submitted to the confom1ity of the project to the rules
established by the participants to the OECD consensus
In case of arrears related to French Treasury loans or guaranteed credits associated to French
Treasury loans or m case of mdemnifications related to credits guaranteed by the French credit insurance
Agency (COF ACE) and by the Government of the Rc>public of Indonesia, no final positive decision will be
possible
•
ARTICLF: 10 - TAXATION
The payment of principal and interest due on the credits provided by the present protocol shall not
be reduced of any tax collected by the Government of the Repu bl 1c of Indonesia . The grant from tJ1e French
Treasury shall not be used to finance any tax .
•
ARTICLE 11 - POST EVELllATION OF PROJECTS
•
The Government of the Republic of France may proceed at its own cost to undertake post
evaluation of the projects financed under this protocol in order to appraise their impact on the economic
development of Indonesia The Government of the Republic of Indonesia could, if it wished, participate in
this evaluation in order to benefit directly from the findings . The Government of the Republic of Indonesia
agrees to welcome the post-evaluation mission sent by the French Government and to facilitate the access to
relevant infonnations about the project
ARTICLE 12 - DATE OF EFFECT
The present protocol shall come mto force at the date of its signature
lN WITNESS THEREOF, the undersigned,
authorised for this purpose by their respective
Governments, have affixed thereupon their seals .
•
•
Done at Jakarta, the 28th of November 1995
(in four originals, two in the French language and
two in the English language, the two texts being
equally authoritative).
For the Government
of the Republic of Indonesia
Signed
f)
For the Government
of the French Republic
Signed
•
ANNEX A
PROJECTS FINANCED BY FRENCH TREASURY GRANT
I/ Technical assistance for SIMKRI Part II Phase I
I !'vCF
21 Improvement of high quality vegetables seed production
0.928 !'vCF
and marketing in Indonesia
•
· 31 Master Plan for Development of Tourism in Indonesia
TOTAL:
J !'vCF
4.928 MF
ANNEX B
PROJECTS FINANCED BY MIXED CREDITS
l/ Construction of Ujung Pandang Airport stage II
360 !'vCF
This project will be implemented through a competitive bidding
process open to eligible French companies or group of companies.
The procedure will be precised through an exchange ofletters-
between the French Embassy and the Directorate General
of Air Communications
..
21 SLvlKRI Project Part II Phase I
40 i'vCF
3/ Rehabilitation of TV transmitters phase I
SOM
41 Remote sensing technology application
p
for natural resources management (phase I)
51 Project of Urology services
46.62 !'vCF
61 South Sulawesi substation 150 KV Phase I
71. l !'vfF
71 Engineering design for Peusangan IV
5 !'vCF
8/ Rural electrification using solar home system
15 !'vfF
TOTAL:
671.32 MF
53 .6!\tCF