Month: June 2021

JABABEKA – PT Harrisma Data Citta (“HDC”) has started the development of a Hyperscale Data Center, marked by Ground Breaking ceremony on Monday, 28th June 2021. The project has obtained Senior Term Loan facility from PT Indonesia Infrastructure Finance (“IIF”) which has been signed and effective at the end of May 2021. Nuevo Asia Capital Pte Ltd (“NAC”) acts as the sole Mandated Arranger in this transaction.

The Hyperscale Data Center Project is a premium Data Center facilities project to be constructed by PT Pembangunan Perumahan (Persero), Tbk (“PTPP”) as the main contractor on a site of 17,289 square meters located in Jl. Science Boulevard Raya A1B, Jababeka Industrial Estate, Bekasi. The design & concept of the building pursued the Zero Downtime Facility Design, Efficient Data Center with PUE < 1.5, and Green Building concept, along with the current demand trend for the efficiency and green of Data Center to create more value to the overall performance.

The project development alone will be consisting of 3 phases with a total of rack capacity up to 3,000 racks and Tier III specification (certification) facilities.

Phase 1 – comprises the construction of a “powered-shell” building (Data Center Building) with a total gross area of 20,057 square meters in a 3-storey structure. The fit-out capacity is 3.5MW of IT Computer room on Level 1 of the DC Building and supporting MEP facilities.

Phase 2 – The fit-out of 7 MW of IT Computer room on Level 2 of the Data Center Building.

Phase 3 – The fit-out of 7 MW of IT Computer room on Level 3 of the Data Center Building.

HDC has appointed IIF and NAC as Joint Mandated Lead Arrangers to arrange the financing for the further development of phase two and phase three of the Project in Q4 2021.

“With our experience in financing sustainable infrastructure in Indonesia, together with NAC, we have succeeded in providing the financing for the first phase of this project. Supported by attractive growth potential, we are confident that we could support HDC to arrange the financing with the best terms for phase two and phase three. In this first phase, IIF provides facilities with a total of IDR 629.8 billion with the target completion of the project by 2022,” explained Mr. Reynaldi Hermansjah, President Director of IIF.

Mr. Reynaldi added, “Currently, infrastructure development is not only seen from physical development such as roads and construction but also digital development. Therefore, IIF always consistent in developing and adapting to the times. We are very proud of this achievement and ready to take part too in the construction of the next phase of the project.”

Yulianni Liyuwardi, Country Director of Nuevo Asia Capital Pte Ltd in her opening speech explained that the Telco Data Center sector in Indonesia is very promising due to several reasons:

1. Indonesia is one of the largest numbers of internet users in the world, thus it is certain that its data storage needs also follow this number, and it would make sense for data storage to be set up close to the existing contain users.
2. Relatively more attractive investment ratio compared to several countries in Asia such as Singapore and Japan, so in general it will make rental prices and margins more attractive.
3. The Telco data center sector in Indonesia is one of the few existing sectors, which is proven to experience positive growth during this Pandemic period. One of them is due to changes in market behavior that tended to increase in online or virtual action during this Pandemic period.

“It is predicted this market behavior will continue; thus, the availability of Data Center facilities is very important to be able to accommodate the increasing demand for virtual data. The role of financial institutions and investors is here to play an active role in supporting the growth of the Telco Data Center sector. The same thing will be needed by HDC Group in its future developments, where they have committed to becoming one of the leading players in both the retail and wholesale segment. The required investment for phases 2 and 3 is around USD 100 million, excluding its investment needs in the retail segment,” Yulianni added.

Mr. Sukoco Halim President Director of HDC explained: “The development of the Hyperscale Data Center Project is HDC’s response to the huge growth potential of the Data Center industry in Indonesia due to the large gap between supply and demand. Indonesia as the fourth most populous country in the world is also the largest economy in the Southeast Asia region.”

In the construction of this data center HDC has 5 main objectives, namely:

1. World-class security system with the application of 7 layers of processes based on biometrics, artificial intelligence, and touchless systems.
2. Environmentally friendly building design and data center facilities.
3. Optimal efficiency level with PUE average target operating at 1.3.
4. Guaranteed reliability of electrical power without downtime (zero downtime).
5. And neutrality with the support of more than 20 network access providers directly.

Recent market research shows that it has been in the limelight as increasing cloud adoption has prompted more large-scale data center investment in recent years.

The demand for the facility is increasing exponentially with 150 million Indonesians expected to be able to access the internet by 2023 and 20 million new social media users added in the last two years. The Government’s Go Digital and Industry 4.0 vision is also likely to drive the need for more data centers, as one million fishermen and farmers will be provided with online support from thousands of technology startups along with efforts to digitize eight million SMEs.

In addition, the Data Center industry is largely driven by a subset of the existing customer base: public cloud and platform providers such as e-commerce and SMEs’ demand for low-cost storage solutions. More and more companies are abandoning in-house physical servers in favor of cloud hosting.

The 2020 pandemic has also accelerated changes in corporate IT strategies, as companies rapidly shift to the cloud. The continuation and optimization of this shift will continue over the next few years, creating a further emphasis on cloud service availability and connectivity across platforms.

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]

Jakarta, June 2021 – A shift towards renewable energy has shown in a positive trend. On June 2021, the Indonesia Energy Efficiency and Conservation Society hosted its 3rd Conference and Exhibition (“IEECCE”) which focuses on clean energy issues, particularly energy efficiency and conservation efforts in Indonesia. PT Indonesia Infrastructure Finance (“IIF”) proudly become one of the sponsors in this event.

The 3rd IEECCE 2021 highlighted the issue of Decarbonization in the Mobility Sector invited various speakers from different backgrounds. Mr. Reynaldi Hermsanjah, CEO of IIF was privileged to be one of the speakers during the event and covered the topic of The Local Financial Models and Opportunities. Aside from participating in speakers panel, IIF had virtual booth where visitors can get further information about the Company.

 “Renewable energy made up a significant portion of IIF’s portfolio. We would like to convey the potentials of renewable energy in Indonesia through our participation in this event. We are committed to being a catalyst both from business side and knowledge sharing side” as explained by Mr. Reynaldi Hermansjah.

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance 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]

Jakarta, June 2021 – As a catalyst for sustainable infrastructure development PT Indonesia Infrastructure Finance (“IIF”) is actively promoting infrastructure development which is beneficially for economic, social and environmental through knowledge sharing on any given chance.

This time, IIF is privileged to be invited as one of the panelists during a webinar hosted by Universitas Indonesia (“UI”) with the topic “Climate Change Challenge: Preparing for Indonesia’s Green and Sustainable Future”. The Ministry of Finance, Ibu Sri Mulyani Indrawati and The President of UI, Mr. Ari Kuncoro provided opening speech for this event. While the CEO of IIF, Mr. Reynaldi Hermansjah was one of the panelists representing IIF. 

The discussion involving Mr. Reynaldi covered how the role of each Special Mission Vehicles (“SMVs”) tackles climate change challenge. Mr. Reynaldi elaborated on IIF’s role which enforces social and environmental principle on every funded project under its portfolio and mentioned few examples on how the approach with dealing with climate change throughout its projects. 

 “Climate change is always taken to consideration within our operations. Even one of our principles focuses on pollution prevention and abatement and climate change. Knowledge sharing is considered crucial for us as a business” as explained by Mr. Reynaldi Hermansjah, CEO of IIF. 

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance 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]

Jakarta, June 2021 – PT Indonesia Infrastructure Finance (“IIF”) expands its existing portfolio sector by adding railway financing commitment. In the second quarter of this year, IIF and 2 (two) other financial institutions signed a Facility Agreement with PT Celebes Railway Indonesia (“CRI”), as the Implementing Business Entity (“IBE”), to provide syndicated loan facilities for the construction and development of Makassar – Parepare Railway Line This project is IIF’s initial railway sector.  Other than relevant parties, also present on the signing ceremony was the Ministry of Transportation.

The 142 km Makassar – Parepare railway project is a Government initiative project and is a part of National Strategic Project. As initial development of Trans-Sulawesi National Railway, this project is expected to support the enhancement and distribution of national economic growth in Sulawesi. This project is secured with Government guarantee through PT Penjaminan Infrastruktur Indonesia (Persero).

This deal is also part of the continuous support to PTPP group. Previously, IIF has provided loan facility to one of PTPP group, namely PT PP Krakatau Tirta which involves in drinking water supply system.

IIF will provided an added value to the project through the social and environmental aspect. IIF exhibits its ability in its implementation of Social and Environmental principles while cooperating in the syndication for a Railway Project Financing.

“Railway is considered to be one of a mass transportation to serve the public needs on transportation as its ability to carry passengers and goods in high quantities with relatively short travel time without any obstacle alongside the track line. This mode is currently necessary in supporting mobilization society and flow of goods. Mandated being a catalyst in sustainable infrastructure development, IIF supports the acceleration of infrastructure development in Indonesia” as explained by Mr. Reynaldi Hermansjah, 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]

Jakarta, May 2021 – For over more than a year, COVID-19 pandemic has hit Indonesia, since the first confirmed case identified in March 2020. Creating impacts to various sectors, including the infrastructure financing sector.

As an attempt to protect the health of its employees and their families, PT Indonesia Infrastructure Finance (“IIF”) in collaboration with PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) have conducted the “Vaksin Gotong Royong” (“Program”) to accelerate vaccination program in obtaining herd immunity, as programmed by the Government of Indonesia. This Program is aimed for employees, their family as well as other affiliated individuals who have close contacts to the family where all expense for this Program will be covered by the Company.

The first phase of vaccination was split into three days under a strict implementation of the health protocols. The vaccination started on Friday, 28th of May  2021 until Sunday, 30th of May 2021 and took place in PT SMI’s office vicinity.

“Employees’ and their families’ health is one of our main focuses. Amid this pandemic, IIF continues to assure the health protection of its employees and families. With this Program, we hope in expediting herd immunity target to end these challenging times” said 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 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]