Category B project supported: SRT Marine, Maritime Surveillance System, Indonesia
Updated 9 February 2026
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1. PROJECT DESCRIPTION
UK Export Finance has agreed to provide support to the Indonesian Ministry of Finance (the Borrower) in respect of a National Maritime Security System.
The key aim of the Project is to provide maritime surveillance to detect illegal and suspicious events off the coast of Indonesia.
The Project includes:
- 35 multi-sensor surveillance towers located along the coastline of the Indonesian peninsula
- Two data centres
- A national command centre and three regional command centres
- Two high-frequency stations
- Multiple pieces of mobile equipment
2. PROJECT SECTOR
The Project is in the civil information technology sector.
3. PROJECT SPONSOR
The Project is being developed by the Indonesia Maritime Security Agency (Badan Keamanan Laut, or Bakamla) who will own and operate the equipment.
4. UK EXPORTER
SRT Marine System Solutions Limited who will supply, install and commission the Project.
5. EXPORT CREDIT AGENT BANK
BANCO SANTANDER, S.A.
6. AMOUNT OF UK EXPORT FINANCE SUPPORT
The maximum liability of the support is approximately £171 million.
7. OECD COMMON APPROACHES AND EQUATOR PRINCIPLES
UK Export Finance categorised the Project as Category B i.e. having environmental, social and human rights (ESHR) impacts that are few in number, site-specific, few (if any) of which are irreversible, and for which mitigation measures are more readily available in accordance with the definition in the Organisation for Economic Co-Operation and Development (OECD) Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (“Common Approaches”), OECD/LEGAL/0393 and the Equator Principles (2020).
8. ENVIRONMENTAL, SOCIAL AND HUMAN RIGHTS STANDARDS
Project related ESHR documentation was reviewed for their alignment against the 2012 International Finance Corporation (IFC) Performance Standards (PS) on Environmental and Social Sustainability and the World Bank Group Environmental, Health and Safety (EHS) Guidelines.
The applicable IFC PSs were:
- PS1: Assessment and Management of Environmental and Social Risks and Impacts
- PS2: Labour and Working conditions
- PS3: Resource Efficiency and Pollution Prevention
- PS4: Community Health, Safety and Security
- PS5: Land Acquisition and Involuntary Resettlement
- PS6: Biodiversity Conservation and Sustainable Management of Living Natural Resources
- PS8: Cultural Heritage
The World Bank Group General EHS Guidelines (2007) were considered applicable.
9. NATURE OF ESHR IMPACTS
The review of potential ESHR risks and impacts took into account the following impacts, receptors and issues during the construction and operational phases of the Project:
- health and safety
- emissions to the atmosphere (including land, air and water)
- wastewater treatment
- waste and hazardous material management
- marine habitats
- emergency planning and response
- construction camp conditions
- grievance mechanisms
- worker conditions of contract
- community engagement
10. ASSESSMENT OF ESHR IMPACTS
A review was undertaken in line with the requirements of the OECD Common Approaches and Equator Principles to identify potential ESHR risks and impacts of the Project and how these would be effectively managed.
The review included desk-based review of project-related documentation, including the Environmental and Social Management System, and follow-up meetings and interviews with relevant Project representatives.
The results of this review formed the basis for the evaluation of the Project’s alignment with relevant international standards, and recommendations for future compliance and monitoring.
Taking account of the review, the Project was deemed to have potential to cause adverse environmental and social impacts both during construction and operation. However, a proposed suite of controls as part of the Project’s environmental and social management systems should facilitate the management of these impacts.
11. CLIMATE CHANGE CONSIDERATIONS
UKEF considered the potential greenhouse gas (GHG) emissions of the Project and effects of climate change factors on the Project as part of its ESHR review.
The Project is not considered to be a carbon intensive undertaking and so “high” GHG emissions in excess of relevant thresholds for quantification and reporting set by international standards were reasonably not envisaged.
The review revealed that the Project design has considered potential physical impacts of climate change such as changes to windspeed and storm surges.
12. DECISION
Various actions have been agreed between the Borrower, operator, and parties involved in the financing, which are necessary to ensure the Project’s on-going alignment with international standards. Following agreement of these commitments, it was concluded that the Project should meet the relevant international standards over the Project cycle. UKEF has therefore decided to provide its support in respect of the supply of goods and services by a UK exporter to the Project.
A condition of support is that Project will be subject to monitoring and reporting in order to provide satisfaction that the Project is aligned with the relevant international standards throughout the duration of support.
UK Export Finance
17 September 2025