IIF Webinar Series “Implementation of Social and Environmental Aspects in Toll Road Development: Case Study”

Jakarta, November 2020 – Having conducted a media visit to Editorial Team of Bisnis Indonesia, the IIF entourage continued to broadcast the Webinar entitled “Implementation of Social and Environmental Aspects in Toll Road Development: Case Study” in Bisnis Indonesia office Friday, 13 November 2020.

The first webinar organized by IIF in collaboration with Bisnis Indonesia is to share knowledge and brief exposure related to the implementation of social and environmental aspects in the toll road sector specifically projects funded by IIF.

Keynote speakers were Bapak Danang Parikesit, Head of Indonesia Toll Road Authority (BPJT) and Bapak Subakti Syukur, Chairman of the Indonesian Toll Road Association (ATI) and Presiden Director of PT Jasa Marga (Persero), Tbk. On that occasion, Bapak Reynaldi Hermansjah President Director IIF gave the opening speech.

IIF also invited speakers who are business players and practitioners of toll road construction in Indonesia namely Bapak Arie Irianto, as the President Director of PT Jasamarga Ngawi Kertosono Kediri; Bapak Ari Wibowo as President Director of PT Marga Lingkar Jakarta and Bapak Supriyono as President Director of PT Pemalang Batang Tol Road (“PBTR”).

Many interesting topics and issues covered during the webinar. Bapak Danang Parikesit discussed policies and regulations road map regarding the sustainable toll road development as well as opportunities for implementing social and environmental aspects. In addition, Bapak Supriyono shared his experience regarding the implementation of IIF’s social and environmental principles to the Pemalang – Batang toll road project i.e., waste management. PBTR had collaborated with contractors during its construction period.

 “The implementation of social and environmental aspects is not something that is fearsome. We (IIF) would like to provide understanding to the public and potential clients that IIF supports sustainable infrastructure development. IIF offers a long-term fixed rate financing scheme and innovative products i.e., Cash Deficiency Support (CDS) for toll road projects,” said Bapak Reynaldi Hermansjah.

   

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance (IIF) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank, Asian Development Bank (ADB) and other multilateral institutions, based on the Company’s Deed of Establishment. Business License is issued through a Decree of the Minister of Finance (KMK) Np 439 / KM.10 / 2010.

In its operations, IIF applies best practices based on international standards in providing credit, risk management and all aspects of corporate governance, and in applying international social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.

 

Further Queries:

Nastantio W. Hadi

Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 299 15060; Fax. (021) 299 15061
corsec@iif.co.id


PT Indonesia Infrastructure Finance Media Visit to Bisnis Indonesia

Jakarta, November 2020 – PT Indonesia Infrastructure Finance (“IIF”) conducted a media visit to Bisnis Indonesia on Friday, 13 November 2020. It was attended by the President Director of IIF, Bapak Reynaldi Hermansjah and Head of Legal and Corporate Secretary, Bapak Nastantio W. Hadi. This event was held as a series of Webinar event entitled “Penerapan Aspek Sosial dan Lingkungan dalam Pembangunan Jalan Tol: Studi Kasus” with Bisnis Indonesia in the afternoon.

The visit was welcomed by Ibu Rahayuningsih, Deputy Chief Editor of Bisnis Indonesia and also was participated by Bapak Chamdan Purwoko, Director of Bisnis Indonesia. Topics discussion cover an introductory, business prospects and IIF portfolio sectors financing.

Bapak Reynaldi Hermansjah explained IIF positions in the market and the distinctive approach to financing infrastructure projects. IIF as a catalyst, supports other financial institutions, namely banking, to make a feasible and commercially viable infrastructure development through funding and investment products and advisory services.

Bapak Reynaldi Hermansjah further explains the sustainability philosophy in IIF through implementation of the Social and Environmental (“S&E”) principles and pioneers a number of renewable energy projects in Indonesia.

With this visit, the strict health protocols were applied, hopes to strengthen IIF’s relationship with Bisnis Indonesia in the future.

  

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance (IIF) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank, Asian Development Bank (ADB) and other multilateral institutions, based on the Company’s Deed of Establishment. Business License is issued through a Decree of the Minister of Finance (KMK) Np 439 / KM.10 / 2010.

In its operations, IIF applies best practices based on international standards in providing credit, risk management and all aspects of corporate governance, and in applying international social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.

 

Further Queries:

Nastantio W. Hadi

Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 299 15060; Fax. (021) 299 15061
corsec@iif.co.id


Obligasi Berkelanjutan I Indonesia Infrastructure Finance Tahap II Tahun 2020

Jakarta, October 2020 – As a continuation of the shelf-registration bond issuance in 2019, PT Indonesia Infrastructure Finance (“IIF”) have issued phase 2 (two) of the bond; Obligasi Berkelanjutan I Indonesia Infrastructure Finance Tahap II Tahun 2020 (“Bond”), with a principal amount of Rp1.500.000.000.000,- (one trillion five hundred billion rupiah). This bond will be officially listed in the Indonesia Stock Exchange on October 22, 2020.

For the purpose of this Bond issuance, IIF has carried out a bond rating by Pefindo. The Bond received a idAAA (Triple A) rating. When rated idAAA, this exhibits IIF’s capacity to meet its long-term financial commitment, relative to that of other Indonesian obligors, is superior.

 In this initial public offering, the Bond will be consist of 3 (three) series. Series A with the principal amount of the bonds offered is Rp570.000.000.000 (five hundred and seventy billion Rupiah) with a fixed interest rate of 5.00% (five point zero percent) [with a period of 367 (three hundred sixty seven) Calendar Days from the date of issuance; Series B with the principal amount of the bonds offered is Rp810.000.000.000 (eight hundred ten billion rupiah) with a fixed interest rate of 6.65% (six point six five percent) [with a period of 3 (three) years from the Issuance Date; and Series C with a principal amount of bonds offered of Rp120.000.000.000 (one hundred and twenty billion rupiah) with a fixed interest rate of 6.90% (six point nine zero percent) with a period of 5 (five) years from the date of issuance.

 The underwriter for this issuance are PT BNI Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Manridi Sekuritas, PT Indo Premier Sekuritas and PT Trimegah Sekuritas Indonesia Tbk. With the trustee is PT Bank Mega Tbk.

The use of proceeds is for bond repayment of Series A Shelf-registration Bonds I Phase I and the rest will be used by the Company to expand financing activities for infrastructure projects in accordance with the Company’s business activities.

“IIF’s efforts in developing upon a sustainable philosophy are not stressed on one factor. All aspects of our operations will have to be sustainable in a sense that is accountable and durable, including how we acquire funds to be channeled for our projects. Infrastructure is a long-term game, so IIF’s strategy is to become a long-term player. Even though 2020 is a year full of challenges, we are quite optimistic that we will continue to move on the right path because our vision and mission are clear,” said the President Director of IIF, Mr. Reynaldi Hermansjah.

 

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance (IIF) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank, Asian Development Bank (ADB) and other multilateral institutions, based on the Company’s Deed of Establishment. Business License is issued through a Decree of the Minister of Finance (KMK) Np 439 / KM.10 / 2010.

In its operations, IIF applies best practices based on international standards in providing credit, risk management and all aspects of corporate governance, and in applying international social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.

 

Further Queries:

Nastantio W. Hadi

Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 299 15060; Fax. (021) 299 15061
corsec@iif.co.id

 


Supplying Water in East Java – A Senior Term Loan Facility Between PT Indonesia Infrastructure Finance and PT Pembangunan Perumahan Krakatau Tirta

PT Indonesia Infrastructure Finance (“IIF”) relentlessly strives to become a catalyst in realizing sustainable infrastructure development across various sectors in Indonesia. Other than commercially viable, IIF further ensures that projects financed by the company is beneficial towards surrounding society of the projects. Currently, IIF’s financing portfolio is dominated by electricity, road and airport.

On July 10 2020, IIF strengthen its portfolio in the water sector. IIF signed a deal with PT Pembangunan Perumahan Krakatau Tirta (“PPKT”) amounting up to IDR 420 billion to be disbursed as a Senior Term Loan Facility for the Gresik Water Supply System (SPAM) Project. This project aims to develop water supply system in Gresik area with a capacity of 1,000 lps and to be distributed to industrial estates as well as approximately 90,000 house connection on 11 sub-districts (110 villages) from 18 sub-districts in Gresik Regency.

The implementation of this project is prepared by PDAM Giri Tirta Kabupaten Gresik as the Contracting Agency (“PJPK”). Consortium of PT Pembangunan Perumahan (Persero) Tbk (“PTPP”) and PT Krakatau Tirta Industri (“KTI”) is the winning bidder consortium (“BU”) for the Project and have formed an Implementing Business Entities (“BUP”) as the operator of the Gresik Water Supply System, namely PT Pembangunan Perumahan Krakatau Tirta (“PPKT”).

Signing of this senior term loan facility was held in IIF Office. Despite the event taking place amid COVID-19 pandemic, the event took place solemnly and continued to adhere to the application of health protocols. From IIF, the signing was executed by Bapak Reynaldi Hermansjah as the President Director, and from PPKT was Bapak Arijanto Trio Leksono as the President Director.

“This signing of senior term loan facility between IIF and PPKT is another milestone for IIF. Our sustainability approach is beyond the project delivery, we aspire to become not only a commercial institution but also beneficial to the community. We are aware of the significance of water supply, which is vital for people’s everyday lives. Again, we strive to become a development agent through persistence and sustainable steps. Because a journey of a thousand miles, must start with a single step” shared by Bapak Reynaldi Hermansjah, President Director of PT Indonesia Infrastructure Finance.

PT Indonesia Infrastructure Finance:

PT Indonesia Infrastructure Finance (IIF) is a private non-bank financial institution, which is engaged in infrastructure financing and advisory services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank, Asian Development Bank (ADB) and other multilateral institutions, based on the Company’s Deed of Establishment. Business License is issued through a Decree of the Minister of Finance (KMK) Np 439 / KM.10 / 2010.

In its operations, IIF applies best practices based on international standards in providing credit, risk management and all aspects of corporate governance, and in applying international social and environmental protection standards to ensure the sustainability of infrastructure development in Indonesia.

Further Queries:

Nastantio W. Hadi

Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 299 15060; Fax. (021) 299 15061
corsec@iif.co.id