Month: March 2021

February 2021 – PT Indonesia Infrastructure Finance (“IIF”) has signed a non-cash loan facility agreement of Rp 400,000,000,000,- (four hundred billion rupiah) with
PT Bank Negara Indonesia (“BNI”). The agreement was signed by Mr Reynaldi Hermansjah as President Director of IIF and Mr I Made Sukajaya as General Manager of Corporate and Multinational 1 Division.

Commonly, infrastructure project requires to import goods/material as well as to provide Bank Guarantee as one of the requirements in delivering the project. However, it is quite a challenge for greenfield projects in getting a bilateral trade facility with Banks. Doubtlessly, these challenges often hinder the infrastructure development acceleration in Indonesia. Thus, alliance arrangement between IIF and BNI aims to address project companies’ need of trade finance product.

With IIF’s role as catalyst for sustainable infrastructure financing in Indonesia, through this arrangement IIF provides solution in catering its clients’ need and in improving engagement of Banks to support Indonesia’s infrastructure development. Currently, BNI is the first bank partner for IIF to arrange trade finance product.

“This product innovation was initiated to facilitate the obstacles faced between infrastructure projects and Banks in providing trade facility in Indonesia.” as mentioned by Mr. Reynaldi Hermansjah, CEO & President Director of IIF.

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 Group, Asian Development Bank (ADB) and other multilateral institutions.

In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and 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) 2991 5060; Fax. (021) 2991 5061
[email protected]

March 2021 – Coinciding with World Water Day on Monday, 22 March 2021, the Umbulan Drinking Water Supply System (SPAM) Project, East Java, was commemorated by Mr. President Ir. Joko Widodo along with the presence of the Minister of Finance – Mrs. Sri Mulyani Indrawati, Minister of Public Work and Public Housing – Mr. Basuki Hadimuljono, Minister of Health – Mr. Budi Gunadi Sadikin, East Java Governor – Mrs. Khofifah Indar Parawansa and East Java Deputy Governor – Mr. Emil Dardak.

PT Indonesia Infrastructure Finance (IIF) leads the syndication financing agreement to SPAM Umbulan project to supply drinking water for 1.3 million people. As  mandated in being a catalyst and enabler in infrastructure development financing, this project exhibits IIF’s commitment in developing sustainable infrastructure development and in providing the basic needs of drinking water for the society.

The SPAM Umbulan project, costs Rp2.58 trillion for its investment, it is one of the National Strategic Projects (PSN) and the first water project under the Public-Private Partnership (PPP) scheme. It has a capacity of 3,920 lps and will be distributed to five of PDAM’s district and city in East Java.

As the first PPP water sector project in Indonesia, this proves that infrastructure projects under the PPP scheme draws attraction in demand and can be accepted by the private sector and can certainly alleviate the burden on the Government Budget.

Mr. Ramadhan Harahap, Managing Director and Chief Investment Officer of IIF, was the representative of the Company for the ceremony. “IIF is extremely proud to be part of this project development and grateful that this project finally came to operation. We consistently support sustainable development in Indonesia. Hopefully, this will be one of many projects that can benefit the likelihood of communities in Indonesia” as remarked by Mr. Ramadhan Harahap.

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.

In its operations, IIF applies best practices based on international standards in providing credit, risk management, good corporate governance, and 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) 2991 5060; Fax. (021) 2991 5061
[email protected]

March 2021 – PT Indonesia Infrastructure Finance (“IIF”) implements its sustainability principles beyond project financing, as well as a corporate citizen. In IIF, equality in diversity held closely as identity principles.

On March 2021, IIF supported Girls Leadership Program (“Program”), a series of events for capacity building and leadership program for children and young women to aspire to progress, be empowered, have the courage to make decisions about their lives, and be able to influence their surrounding environment with implementing innovative programs.

The Program, started from December 2020, is coordinated by Yayasan Plan International Indonesia (“Plan Indonesia”) in collaboration with the Ministry of Finance of the Republic of Indonesia.

The Minister of Finance, Ibu Sri Mulyani Indrawati, as the Principal Mentor for 120 participating girls with the series of activities followed by the Ride for Equality and the closing by the Dialog Intergenerational Women and Girls: Game Changers in Development, held in March 2021, is in momentum celebration of International Women’s Day.

IIF members ignited the event by participating in Ride for Equality, a virtual cycling competition for as long as 210 km, in supporting this cause. 

“We believe in this cause, and the noble intention for the whole Program is aligned with IIF’s philosophy. Women’s role will always prevail for a balanced and empowered way of life” as mentioned by Mr. Reynaldi Hermansjah, President Director  & CEO of IIF. 

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.

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) 2991 5060; Fax. (021) 2991 5061
[email protected]