IIF Provides USD38.55 Million Financing to Polytama to Strengthen Domestic Petrochemical Supply Chain

Jakarta, 30 December 2024 – PT Indonesia Infrastructure Finance (IIF) has partnered with PT Polytama Propindo (Polytama) by providing a financing facility of USD 38.55 million.

This financing will be used to support development of jetty with pipelines and a spherical tank with a storage capacity of 1x 3,000 tons, along with supporting facilities.

IIF’s Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan, stated, “The synergy between IIF and Polytama aligns with Government Regulation No. 66/2019 to strengthen and integrate the domestic petrochemical industry. Furthermore, this project will strengthen Polytama’s supply chain and lead to a more integrated system, thus solidifying Polytama’s position in the petrochemical industry”.

“We deeply appreciate the trust and support given to Polytama in carrying out this Polypropylene Plant Balongan (PPB) project. Hopefully, the synergy between Polytama and IIF will become even more solid in the future to achieve our common goals” said Joko Pranoto, President Director of Polytama.

This business development plan is also in line with the directive of the President of the Republic of Indonesia to optimize the domestic petrochemical industry as an effort to reduce imports of polypropylene (PP) needs within the country, which until 2023 was still dominated by imports of PP demand in the Indonesian market.

This collaboration serves as a concrete example of a strong synergy in supporting the government’s program to realize a self-reliant energy sector, thereby enhancing the competitiveness of the national industry.
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


IIF Secures Rp2 Trillion Funding to Accelerate Sustainable Infrastructure

Jakarta, 23 December 2024 – To speed up sustainable infrastructure projects in Indonesia, PT Indonesia Infrastructure Finance (IIF) has received a total Rp2 trillion loan from PT Bank Mandiri (Persero) Tbk. The loan includes a term loan and a Non-Cash Loan.

Rizki Pribadi Hasan, Interim Chief Executive Officer/Chief Financial Officer of IIF, expressed gratitude and appreciation for Bank Mandiri’s trust in utilizing IIF’s products and services. “This collaboration is concrete proof that we continue to be productive and trusted in carrying out our mandate as a catalyst for sustainable infrastructure development“, said Rizki.

As of 2024, IIF has successfully achieved investment commitment of over Rp2.3 trillion, allocated to sustainable infrastructure projects such as toll roads, telecommunications infrastructure, water supply centers (SPAM), and various other infrastructure sectors. Notably, several of these projects are part of the National Strategic Projects (PSN).

As of November 2024, IIF also manages 13 renewable energy projects with a total investment asset value of Rp 2.9 trillion.

In terms of financial performance, IIF has successfully recorded a 61% growth in net profit in the third quarter of 2024, reaching Rp96.8 billion compared to Rp60.3 billion in the same period the previous year.

As a result of these achievements in 2024, IIF has garnered numerous national and international awards, including the Corporate Treasurer Awards 2024 for Best ESG Service Provider & Best ESG Initiative, as well as the Asian Banking & Finance (ABF) Awards 2024 for Innovative Deal of the Year – Indonesia & Sustainability Bond of the Year – Indonesia.

Previously, IIF also received a “Gold Rank” in the Asia Sustainability Report Rating (ASRRAT) 2024 and the ESG Award 2024 for Best Investor/Creditor.

Moving forward, IIF aims to continue providing innovative and sustainable financing solutions to support infrastructure growth in Indonesia.

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]


Accelerating the Patimban Access Toll Road Construction Project Package 2, IIF Provides Rp250 Billion in Financing

Jakarta, 20 December 2024 – PT Indonesia Infrastructure Finance (IIF) has partnered with PT Brantas Abipraya (Persero) through the provision of a Rp250 billion working capital financing facility. This financing aims to support the development of approved infrastructure projects including the Patimban Access Toll Road Package 2 project in Subang, West Java.

IIF’s Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan, expressed his gratitude for PT Brantas Abipraya’s (Persero) trust in utilizing IIF’s financial products and services. “We are proud to be able to collaborate and support the construction of the Patimban access toll road, considering the many economic benefits it can provide”, he said.

Spanning a total of 37.05 km, the construction of this toll road is divided into several packages of work. As part of Waskita – Abipraya JO, PT Brantas Abipraya (Persero) is entrusted with the completion of 6.2 km, which is part of Package 2 of the Patimban Access Toll Road.

As a National Strategic Project (PSN), this toll road is expected to improve connectivity to Patimban Port as one of the largest sea ports in Indonesia.

Over the past five years, IIF has been a strategic partner in the development of 10 toll road infrastructure projects in Indonesia, with a total commitment exceeding Rp4.1 trillion.

As a catalyst for sustainable infrastructure development, IIF believes that collaboration is the key to success in realizing quality infrastructure. The cooperation with PT Brantas Abipraya (Persero) is a concrete example of a strong synergy in supporting national development.

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


IIF Forges Strategic Collaboration, Supports SPAM Projects in Sumatra

Jakarta, 18 December 2024 – To foster the government’s program in providing clean water to Sumatra region, PT Indonesia Infrastructure Finance (IIF) has formed a strategic collaboration by disbursing a total of Rp327.3 billion in financing, comprising of Rp77.3 billion to PT Adika Bakti Parama (ABP) on 16 December 2024 and Rp250 billion to PT Pembangunan Perumahan Tirta Riau (PPTR) on 18 December 2024.

IIF Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan, expressed appreciation for the trust placed in IIF by PT Adika Bakti Parama and PPTR, stating, “We hope that the financing will accelerate the completion of the project and bring tangible benefits to the community and industry in the Sumatra region”.

Specifically, the financing facility provided to ABP aims to support the development of the Medang Kampai Water Treatment Plant project in Dumai City, Riau, with a capacity of 125 liters per second. Furthermore, the financing facility provided to PPTR is used for the construction of the Pekanbaru-Kampar Regional Water Supply System (SPAM) Phase 1 project with a production capacity of 500 liters per second.

Rizki added that for the last 5 years up to date, IIF has contributed to the development of 12 clean water supply projects in Indonesia with a total commitment of more than Rp2.5 trillion.

As of 2023, IIF has played role in supplying a clean water capacity of 21,900 liters per second, with a total of 1.34 million households as users in Indonesia.

To support future business expansion, in addition to raising capital through the issuance of perpetual securities worth Rp 335 billion in early January 2024, IIF recently received an additional capital injection of Rp 545 billion from one of its shareholders, PT Sarana Multi Infrastruktur (Persero) or PT SMI. As a result, IIF’s total equity in 2024 is expected to reach Rp 3.3 trillion.

With its contributions to the development of sustainable infrastructure, IIF has received recognition from various national and international parties. Recently, IIF was awarded the CorporateTreasurer Awards 2024 in the categories of Best ESG Service Provider & Best ESG Initiative and the Asian Banking & Finance (ABF) Awards 2024 in the categories of Innovative Deal of the Year – Indonesia & Sustainability Bond of the Year – Indonesia.

Previously, IIF had been honored with the “Gold Rank” in the Asia Sustainability Report Rating (ASRRAT) 2024, as well as the ESG Award 2024 for the category of Best Investor/Creditor.

PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance (“ is a private non bank financial institution, whichis 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 (Asian Development Bank (ADB), (the International Finance Corporation (which is part of the World Bank, Deutsche Investitions und Entwicklungsgesellschaft (which is fully owned by KfW, and Sumitomo.)

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 SecretaryDivision
PT Indonesia Infrastructure Finance
Telp:( 021) 2991 5060;
Fax: (021) 2991 5061;
Email: [email protected]


Support the implementation of Transit Oriented Development (TOD), IIF allocates Rp300 billion to Perumnas

Jakarta, 11 December 2024 – In a strategic move to support of the government’s program to build 3 million houses and implement Transit Oriented Development in the South Tangerang area, PT Indonesia Infrastructure Finance (IIF) is collaborating to distribute financing worth IDR 300 billion to the National Housing Development Public Company (Perumnas).

The signing of the cooperation agreement was carried out directly by the Interim Chief Executive Officer/Chief Financial Officer of IIF, Rizki Pribadi Hasan and the Director of Finance of Perumnas, Sindhu Rahadian Ardita and witnessed directly by the Chief Investment Officer of IIF, Ramadhan Harahap (Idhan).

Rizki stated, “this financing facility is aimed at supporting Perumnas in developing sustainable communities through the Transit Oriented Development (TOD) concept. The goal is to create an integrated area that connects housing, offices, and business centers with easy access to public transportation.”

The TOD project covers the construction of three apartment towers and the revitalization of Rawabuntu Station in South Tangerang. There are 1,816 housing units, including a Simple owned apartments (32 floors) and two commercial apartment towers (each 34 floors). Additionally, the project encompasses public facilities, commercial areas, and parking spaces.

By seamlessly integrating housing, workplaces, and commercial spaces with public transportation, the TOD concept promotes sustainable urban development, reducing carbon emissions and stimulating the local economic growth.

This collaboration underscores IIF’s crucial role in fostering regional infrastructure development, aligning with Perumnas’ vision. As a catalyst for sustainable infrastructure development, IIF also supports the government’s objective of providing affordable housing for low and middle-income communities.

Perumnas has successfully developed numerous new residential areas that now serve as economic growth centers in various regions. This achievement has been facilitated by government support, including through the provision of State Capital Participation (PMN).

The project is expected to provide significant social and economic benefits to the community, such as improving quality of life, reducing social inequality, and promoting inclusive economic development.

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


Adopting Sustainable Business Practices, IIF Awarded at CorporateTreasurer Awards 2024

Jakarta, 3 December 2024 – PT Indonesia Infrastructure Finance (IIF) has been recognized for its commitment to sustainability and ESG principles by winning two prestigious awards at the CorporateTreasurer Awards 2024: Best ESG Service Provider and Best ESG Initiative. The awards were presented to IIF’s Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan.

Rizki expressed his gratitude and appreciation to all IIF’s partners, shareholders, and stakeholders stating that “These awards are a testament to our commitment of our role in sustainability initiatives and the implementation of ESG principles in the financial industry.”

The Best ESG Service Provider award was given in recognition of IIF’s efforts in providing advisory services that cover various aspects, from feasibility studies to the implementation and development of sustainable ESG practices in infrastructure projects.

In this context, IIF acts as a “one-stop solution” that helps clients achieve their sustainability goals in an effective and efficient manner. By partnering with IIF, clients can obtain the support they need to address evolving ESG challenges.

Additionally, the Best ESG Initiative award was given for the issuance of Green Perpetual Notes in 2023. This innovative financing instrument was designed to provide a long-term source of funding aligned with the characteristics of sustainable infrastructure financing.

Unlike conventional bonds that focus on the financial aspects, IIF’s Green Perpetual Notes take a more comprehensive approach by combining financial and environmental objectives. This approach underscores IIF’s commitment to sustainability and its proactive role in financing projects that have a positive impact on the environment.

The issuance of Indonesia Infrastructure Finance’s Green Perpetual Notes 2023 was the first issuance of a perpetual note with a green perspective in Indonesia and was offered to professional investors and listed on the Indonesia Stock Exchange (IDX).

Through these instruments, IIF not only supports the government’s efforts in achieving sustainable development goals (SDGs) but also provides added value to its stakeholders.

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