Indonesia’s economy has expanded strongly over recent decades. However, nearly 100 million Indonesians still live on less than USD 3 per day and the informal sector accounts for an estimated 50 per cent of employment. Via its control-ownership approach, the Fund makes a significant contribution to strengthening and professionalising companies in order to unlock growth, productivity, and gains in profitability. This includes bringing the companies in line with international environmental, social, and corporate governance standards. SIFEM’s investment of USD 10 million therefore contributes to the diffusion of best practices in Indonesia and supports the creation of decent and formal employment opportunities and the generation of tax revenues for the local government.