IIF Reports Impressive 61% Year-on-Year Growth, Achieving IDR 96.8 Billion Net Profit in Q3 2024

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Jakarta, 30 October 2024 – PT Indonesia Infrastructure Finance (“IIF”) has announced a 61% rise in net profit for the third quarter of 2024, reaching Rp96.8 billion, compared to Rp60.3 billion from the previous year. This increase was fueled by a 146% growth in non-interest income, totaling Rp147.1 billion, primarily sourced from treasury management, investments, and advisory services.

As of Q3 2024, IIF’s investment assets totaled Rp11.9 trillion, encompassing 54 financed projects, with total assets reaching Rp13.7 trillion. The company has also secured five new commitments valued at Rp1.9 trillion.

In July 2024, IIF formed a partnership with Millennium Challenge Account- Indonesia II (MCA-Indonesia II) through the signing of a Blended Finance Delivery Mechanism (BFDM). This collaboration aims to significantly enhance contributions to sustainable infrastructure development  in Indonesia.

IIF Chief Financial Officer, Rizki Pribadi Hasan stated, “The company is dedicated to implementing its business strategy, focusing on developing sustainable infrastructure projects that positively impact the national economy. In order to support future growth, IIF is also strengthening funding, including through the issuance of bonds of IDR 1 trillion with varying terms, including a long term of 10 years”.

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 15 January 2010 at the initiative of the Government of the Republic of Indonesia. Currently, the ownership of IIF is held by PT Sarana Multi Infrastruktur/SMI (Persero), Asian Development Bank (ADB), the International Finance Corporation (IFC) which is part of the World Bank, Deutsche    Investitions-und Entwicklungsgesellschaft (DEG) which is fully owned by KfW, and Sumitomo Mitsui Banking Corporation (SMBC).

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 Division

PT Indonesia Infrastructure Finance

Telp: (021) 2991 5060;

Fax: (021) 2991 5061;

E-mail: [email protected]

Social Media:

  • Instagram: @pt_iif
  • LinkedIn: IndonesiaInfrastructureFinance

Conserving Whale Shark Tourism in Gorontalo: IIF CSR Provides Plankton Attractor

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Gorontalo, 26 October 2024 – With effort to enhance the tourism in Gorontalo, PT Indonesia Infrastructure Finance (“IIF”) in collaboration with the Gorontalo Provincial Government has provided Plankton Attractor as part of its Corporate Social Responsibility (“CSR”). This initiative involves the construction of Plankton Attractors, which are designed to support the whale shark attractions in Botubarani Village, located in Bone Bolango Regency.

The ceremony of this CSR activity is attended by IIF’s Managing Director and Chief Investment Officer, Mohammad Ramadhan Harahap/ Idhan, where Idhan symbolically handed over the Plankton Attractors to the Acting Governor Rudy Salahuddin, witnessed by the Gorontalo Provincial Government as a collaborative effort. This ceremony underscores the commitment of both IIF and the provincial government to foster sustainable tourism and environmental conservation.

The Botubarani whale shark destination is recognized as one of the most popular tourist attractions in the Gorontalo Province. The newly constructed Plankton Attractors will serve as vital food sources for whale sharks, as these gentle giants thrive on abundant plankton. By increasing plankton populations in the area, these attractors are expected not only to enhance the local ecosystem but also to draw more whale sharks to the waters of Botubarani, thereby enriching the visitor experience.

Idhan emphasized that this CSR initiative reflects IIF’s commitment in maintaining biodiversity conservation. Additionally, this program aims to enhance economic development in Gorontalo. An increase in visitors attracted by whale sharks can stimulate local economic growth, leading to higher incomes for communities involved in tourism, fisheries, and small and medium enterprises (SMEs).”

Acting Governor Rudy Salahuddin expressed his gratitude and appreciation for the CSR support provided by IIF. He remarked, “This assistance is a tangible example of effective synergy between the government and private sector in regional development. We hope that this collaboration will inspire others to contribute to the development of tourism potential in Gorontalo.” His comments highlight the importance of partnerships in achieving sustainable tourism goals.

The provision of CSR support for the Plankton Attractor exemplifies a successful collaboration between the public and private sectors, specifically IIF and the Gorontalo Provincial Government. It is anticipated that the Botubarani Whale Shark site will prosper and become a renowned Indonesian tourist attraction, yielding economic benefits for the local community while contributing to environmental preservation and marine biodiversity.

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 15 January 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 Division
PT Indonesia Infrastructure Finance
Telp: (021) 2991 5060;
Fax: (021) 2991 5061;
E-mail: [email protected]
Social Media:
• Instagram: @pt_iif
• LinkedIn: IndonesiaInfrastructureFinance

IIF Introduces Innovative Financing Schemes at the Jakarta Economic Forum 2024

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Jakarta, 15 October 2024 – PT Indonesia Infrastructure Finance (IIF), represented by Chief Financial Officer, Rizki Pribadi Hasan, participated as one of the speakers at the Jakarta Economic Forum 2024. The event, held on Tuesday, 15 October, 2024, in Jakarta, was also attended by the Acting Governor of DKI Jakarta, Heru Budi Hartono, along with members of the OJK Board of Commissioners, Inarno Djajadi, the Head of Bank Indonesia Representative, Arlyana Abubakar, and several other relevant speakers.

In his remarks, the Acting Governor of DKI Jakarta, Heru Budi Hartono, stated that DKI Jakarta continues to promote sustainable infrastructure development through various initiatives, including the development of a mass transportation system, the use of renewable energy, reduction of emissions and air pollution, as well as waste and waste management.

Through the theme “Innovative Infrastructure Financing in Jakarta through Creative Financing,” Rizki emphasized that to maintain the momentum of development in DKI Jakarta, comprehensive and sustainable efforts from various parties are needed through integrated infrastructure development.

“As a sustainable infrastructure financing institution, IIF is committed to supporting the government’s efforts in providing innovative financing solutions for sustainable infrastructure projects. Through various fund-based products like long-term loans and non-fund-based products such as guarantees, along with advisory services covering both public and private sectors, IIF is ready to be the best partner for stakeholders in the infrastructure industry,” Rizki stated.

IIF is also actively forging strategic partnerships with various parties to expand its reach as a financier or advisor on several flagship projects, including various Public-Private Partnership (PPP) projects in Indonesia.

“Lastly, Rizki stated that cooperation and collaboration are essential for playing a crucial role in infrastructure development, particularly in providing optimal benefits and improving the quality of life for the people of DKI Jakarta.

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 stablished on 15 January 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 Division

PT Indonesia Infrastructure Finance

Telp: (021) 2991 5060;

Fax: (021) 2991 5061;

E-mail: [email protected]

Social Media:

  •  Instagram: @pt_iif
  • LinkedIn: IndonesiaInfrastructureFinance
 

 

 

 

 

Supporting Sustainable Infrastructure Projects, IIF Received “Apresiasi Mitra BUMN Champion Award 2024”

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Supporting Sustainable Infrastructure Projects, IIF Received “Apresiasi Mitra BUMN Champion Award 2024”

Jakarta, 10 October 2024 – PT Indonesia Infrastructure Finance acquire appreciation at the “Apresiasi Mitra BUMN Champion 2024” event initiated by the Ministry of State-Owned Enterprises (“BUMN”) of the Republic of Indonesia on 10 October 2024. This appreciation recognizes IIF’s support for
PT Len Telekomunikasi Indonesia and was received by Head of Legal and Corporate Secretary Division of IIF, Nastantio W. Hadi in Jakarta (10/10).

This award recognizes the strategic collaboration in providing financing to
LEN Group for the Palapa Ring Central Package project amounting to IDR975 billion, a syndication project between PT IIF and
PT Sarana Multi Infrastruktur (Persero) (“SMI”) to building a better telecommunications system and access to information across Indonesia.

Additionally, IIF invested IDR340 billion in PT Surya Energi Indotama for the infrastructure development project of Base Transceiver Station (“BTS”) in the frontier, outermost, and least developed regions (“Tertinggal, Terdepan, dan Terluar” & “3T”) areas in West Papua and Central Papua.

Nastantio Hadi expressed his gratitude and appreciation for the recognition, “We are committed to continuing our collaboration with various strategic partners, particularly state-owned enterprises, to advance Indonesia’s infrastructure development in the telecommunications and information sector.”

Through this collaboration, IIF hopes to continue contributing to the acceleration of sustainable infrastructure development in Indonesia, especially in least developed regions. This will enhance opportunities for the community to access information, improve the quality of life, and drive regional economic growth.

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 15 January 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 Division

PT Indonesia Infrastructure Finance

Telp: (021) 2991 5060;

Fax: (021) 2991 5061;

E-mail: [email protected]

Social Media:

·       Instagram: @pt_iif

·       LinkedIn: IndonesiaInfrastructureFinance