Selanjutnya

FINANCIAL PROlOL

relating to French credits for the financing of
the engineering services for JABOTABEK mass transit system

The Government of the Republic of Indonesia and the Government of the
French Republic, with a view to facilitate the development efforts of
Indonesia, agreed on follO\nng provisions .
ARTICLE

1

a) A maximum amount of SEVENTY MILLION FRENCH FRANCS ( 70 MF) is put
at the disposal of the Indonesian Government in the form of credits for the
financing of the engineering services for JABOTABEK mass transit system ,
referred to as "the PROJECf" .
b) 'The above mentioned credits will be used for the financing of the
imported equipment, engineering and services (including freight) of French
origin for the realization of the Project .
ARTICLE


2

The credits set in Article 1 consist of a loan from the French Treasury
to the Ministry of Finance, acting on behalf of the Indonesian Government, of
a maximum amount of THIRTY MILLION AND EIGHT liJNDRED TIDUSAND (30,8 MF) and
banker's credits guaranteed by the French Treasury of a maximtJD amount of
THIRTY NINE MILLION AND Th'O 1-VNDRED TIDUSAND FRENCH FRANCS (39,2 MF) for
financing the goods and services mentioned in article 1.
ARTICLE

3

The loan from the Treasury and the guaranteed banker ' s credits Qセィゥ」@
are
extended in conjunction with the former will be respectively used in the
proportion of 44 \ and 56 % of the contract.
The rights of drawing of the Treasury loan will thus be equal to 44 \
of the value of the contract .
ARTICLE 4


The loan from the French Treasury mentioned in Article 2 is repayable
in thirtythree (33) years including a grace period of thirteen (13) years, by
equal and successive semi -annual instalments Qセィゥ」@
are calculated from the
date of each dra1nng and bear an interest rate of 1,5 % per annum.
The interests due on the balance are repayable at the end of each halfyear. An agreement on the implementation between the Credit National, acting on
behalf of the French Government and the Ministry of Finance, acting on behalf
of the Indonesian Government, will stipulate the terms and conditions of utilization and repayment of this loan.

ARTICLE

5

The guaranteed banker's credits mentioned in Article 2 will be redeemed
in ten (10) years by twenty (20) equal and successive semi-annual instalments,
the first one falling due six months after commissioning of the project or the
date of the delivery as stipulated in the commercial contract or in the banker's
credits agreement. The rate of interest is the current export credit rate to
Gセィゥ」@
is added the cost of credit insurance of COFACE.

A financial agreement between the French Institutions and the Indonesian
of Finance will stipulate, if necessary, the modalities of utilization
and reimbursement of these guaranteed banker's credits .
セエゥョウイケ@

セエゥョウイケ@

The agreement relating to the banker ' s credits will be approved by the
of Finance in case they are not directly signed by the same.

ARTICLE

6

The credits shall be used for the fi nancing of the contract concluded
beo•een the French suppliers and the buyer subject to approval of the competent
French and Indonesian authorities .
French franc \¥ill be used as currency of account and currency of payment
of the contract
A down-payment equal to at least 10 % of the amount of the contract as a

minimum , will be paid |セィ・ョ@
placing the order by drawing under the Treasury loan
and the balance will be settled betweem the order and the commissioning or the
deliveries, in conformity 10i th the terms and conditions of the contract, by
jointly and proportionally using the means of financing foreseen in article 2
in accordance \fl th the modalities of Article 3 of the present agreement.
ARTICLE

7

The ultimate date for the signature of the contract to be financed under
the present agreement is set at decembre 31st, 1983 unless otherwise agreed
upon by both governments.
No 、イ。Lセゥョァ@
may be made from the Treasury loan allocated under the
present protocol after decembre 31st, 1985 .
Any amount which Gセゥャ@
not be used for financing the project according to
the provisions of the present protocol will be cancelled .


ARTICLE 8

The present agreement enters into force on tl1e date of its signing.

IN WITNESS THERETO, tlle undersigned, duly autllorised for tllis
purpose by tlleir respective Governments, have signed this
Agreement and have affixed tllereto their seals .
Done in JAKARTA,

tlle

.l 6 -;:.

6f

Hセ@

, セアA@

( in two original documents, each in French and

English languages, tlle two texts being equally
autllori tative) .

For tlle Government of tlle
Republic of Indonesia,
Signed

For the Government of tlle
Republic of France,

Signed

3

PROTOCOLE FINANCIFR

relati£ aux credits francais destines au financement
des prestations d' ingenierie du plan de transport urbain du grand Jakarta

Le Gouvernement de la Republique de l' Indonesie et le Gouvernement de

la Republique Francaise sont convenus des dispositions sui vantes en vue de
faciliter l'effort de developpement economique de l'Indonesie .
ARTICLE

l

a) Une s01m1e maximum de SOIXANTE DIX MILLIONS DE FRANCS (70 MF)
est mise a la disposition du Gouvernement Indonesien pour financer les
prestations d' ingenierie du plan de transport urbain du grand Jakarta qui
seront designes ci -apres comme "le projet" .
b) Les moyens de financement mentionnes ci -dessus seront utilises pour
le financement des equipements, de l' ingenierie et des services francais, y
」セョーイゥウ@
le fret, necessaires a la realisation du projet.
ARTICLE 2
Les concours financiers prevus a l'article l ci-dessus sont constitues
d'un pret du Tresor francais au Ministere des Finances , agissant pour le
compte de l'Etat Indonesi en, d'un montant maximum de TRENTE MILLIONS HUIT CENT
MILLE FRANCS (30,8 MF) et de credits bancaires garantis par le Tresor francais
d'un montant maximum de TRENTE NEUF MILLIONS DEUX CENT MILLE FRANCS (39,2 MF)

destines a financer les biens et services mentionnes a l ' article 1 du present
protocole .
ARTICLE

3

Le pret du Tresor et les credits bancaires garantis qui l ' accompagnent
seront utilises respectivement dans les proportions de 44 % et 56 % du contrat.
Les droits de tirage sur le pret du Tresor seront done egaux a 44% de
la valeur des biens commandes en France au titre du contrat.

セᄋ@

ARTICLE 4

Le pret du Tresor francais mentionne a !'article 2 ci -dessus est amortissable en 33 ans par semestrialites egales et successives a compter de la da t e
du premier tirage, et porte interet au taux de 1,5% l'an. Cette duree inclut
un differe d ' amortissement de 13 ans .
Les interets sur le solde du sont payables a la fin de chaque semestre.
Une convention d'application entre le Ministere des Finances , agissant pour le

compte du Gouvernement Indonesien et le Credit National, agissant pour lecompte
du Gouvernement francais, precisera les modalites d ' utilisation et de remboursement de ce pret.

ARTICLE

5

Les credits bancaires garantis mentionnes a 1' article 2 ci -dessus sont
amortissables en dix (10) ans par vingt (20) semestrialites egales et successives, la premiere echeant six mois apres la reception provisoire du projet ou
les dates de livraison, selon les stipulations du ou des contrat (s) cOIIIIlerciaux ou de la convention de credit bancaire. Leur taux d'interet est le taux
usuel des credits a !'exportation auquel s ' ajoute le cout de l'assurance-credit
de la COFACE.
Un accord financier entre le Ministere indonesien des Finances et les
etablissements bancai res francais precisera, si necessai re, les mod ali tes de
!'utilisation et du remboursement de ces credits bancaires garantis .
Les accords relatifs aux credits bancaires seront approuves par le
Ministere des Finances s'ils ne sont pas signes directement par lui.
ARTICLE

6


Les credits seront utilises pour financer le contrat passe entre le
fournisseur francais et le client apres approbation par les autorites
francaises et indonesiennes competentes.
La monnaie de compte et la monnaie de paiement du contrat sont le franc
francais .
Un acompte egal a 10% du montant du contrat est paye a la
commande par tirage sur pret du Tresor. Le solde du prix est regle entre la
commande et la reception conformement a l'echeancier prevu au contrat le tout
par utilisation conjointe et proportionnelle des moyens de financement prevus a
!'Article 2 selon les modalites definies a !'Article 3 du present protocole.
ARTICLE

7

La date limite de passation du contrat finance en application du present
protocole est fixee au 31 decembre 1983 a moins qu'une nouvelle date limite
n' ai t ete fixee d' un commun accord entre les deux Gouvernements. Aucun ti rage
ne pourra etre effectue sur le pret du Tresor ouvert par le present protocole
apres le 31 decembre.l985


Les montants qui n'auront pas ete utilises pour le financement du projet
conformement aux dispositions du present protocole seront annules.

ARTICLE 8

Le present protocole ent re en vigueur a la date de sa signature.

EN FO I DE QJO I, 1es represen tan ts des deux Gouvernemen ts ,
dument autorises a cet effet, ont signe le present accord
et y ont appose leur sceau.
Fait a JAKARTA, le 26 mai 1983
(en double exemplaire, en langues francaise
et anglaise, les deux textes faisant
egalement foi) .

Pour le Gouvernement de la
Republique Indonesienne,

Signed

Pour le Gouvernement de la
Republique Francaise,

Signed