IIF Holds AGMS for Fiscal Year 2024

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Jakarta, 29 April 2025 – PT Indonesia Infrastructure Finance (IIF) held its Annual General Meeting of Shareholders (AGMS) on Tuesday, 29 April 2025. The meeting discussed and approved five (5) agendas, including the approval of the Company’s 2024 Annual Report and Financial Statements — which also included the Supervisory Report of the Board of Commissioners — for the fiscal year ended 31 December 2024, as well as the appropriation of the Company’s 2024 net profit.

In 2024, the Company recorded a net profit growth of 17.63% to IDR 122.51 billion compared to IDR 104.15 billion in 2023, or 2.07% above the 2024 budget target of IDR 120.03 billion. This net profit achievement was supported by an increase in the Company’s operating income in 2024, which rose by 3.70% to IDR 1.39 trillion compared to IDR 1.34 trillion in 2023.

The compound annual growth rate (CAGR) of IIF’s revenue and net profit over the past five years reached 11% and 30%, respectively. In terms of capitalization, IIF’s average annual growth rate over the same period reached 11%.

Head of Legal & Corporate Secretary IIF, Nastantio W. Hadi stated, “Throughout 2024, the Company played an important role in advancing sustainable infrastructure financing. Total new financing commitments increased by 13.52% to IDR 3.93 trillion compared to IDR 3.46 trillion in 2023. These financing commitments covered sectors such as clean water, special economic zones, toll roads, telecommunications, social infrastructure, and gas infrastructure”.

From advisory services, the Company secured 10 new mandates with a total contract value of IDR 39 billion, consisting of 6 mandates for ESG advisory services, 3 mandates for financial advisory services, and 1 mandate for equity divestment advisory.

With a strong financial foundation and a firm commitment to ESG principles, IIF is well-positioned to support the acceleration of national infrastructure development, driving inclusive and sustainable 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. 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

Advanced Infrastructure, Growing Economy: IIF’s Financing Solutions for the Nation

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Jakarta, 28 April 2025 – The government’s drive to accelerate national infrastructure progress underscores a growing demand for sustainable and reliable financial resources. PT Indonesia Infrastructure Finance (IIF) emerges as a driving force in addressing these financing gaps for key infrastructure initiatives throughout Indonesia.

As a trusted institution that upholds principles of sustainability and good governance, IIF offers a variety of financing schemes and advisory services to support the feasibility and sustainability of infrastructure projects. These include:

1. Fund-Based and Non-Fund-Based Financing for both public and private infrastructure projects.
2. Advisory Services: Technical and financial assistance to ensure that projects are executed effectively, efficiently, and in line with ESG (Environmental, Social, and Governance) standards.

IIF focuses on a wide range of key sectors such as electricity, telecommunications, toll roads, water and waste, gas infrastructure, airports, seaports, social infrastructure, tourism infrastructure, railways, and public transportation.

Chief Investment Officer of IIF, M. Ramadhan Harahap (Idhan), stated that “IIF’s business adopts a sustainability-based approach. When delivering services to clients, we do not only assess the economic potential of a project, but also its environmental and social impact. We believe this aligns with the global commitment towards low-carbon and inclusive development.”

With a strong commitment to building the nation through sustainable infrastructure development, IIF continues to strengthen its role as a strategic partner in financing and developing impactful projects. Through cross-sector collaboration and adherence to sustainability principles, IIF remains optimistic in contributing to inclusive, equitable, and competitive national 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. 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’s Strategic Roles in Supporting the Digital Economy

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Jakarta, 14 April 2025 – In the current era of digital transformation, telecommunication and information infrastructure has become the main foundation for digital-based economic growth. The e-Conomy SEA 2024 report released by Google, Temasek, and Bain & Company estimates that the gross transaction value (GMV) of all digital economic activities in Indonesia will grow from US$80 billion in 2023 to US$90 billion in 2024. The growth rate of Indonesia’s digital economy will continue to persist until 2030, which is estimated to reach US$360 billion (Rp5,680 trillion).

As a catalyst for sustainable infrastructure development, PT Indonesia Infrastructure Finance (IIF) also plays a role in supporting the strengthening of the national digital economy through a series of strategic steps in providing investment financing in the sector.

Chief Investment Officer of IIF, M. Ramadhan Harahap (Idhan) said, “Until 2024, IIF has provided financing of more than Rp3.1 trillion for the telecommunications and information sector. Various sectors, ranging from the construction of submarine fiber optic cables connecting Jakarta and Singapore, the construction of BTS (Base Transceiver Station) towers, to satellites, have been supported to strengthen digital connectivity and expand the reach of telecommunications services throughout Indonesia.”

Most recently, IIF collaborated with PT Smartfren Telecom Tbk (Smartfren) and PT Smart Telecom (Smartel) to sign a syndicated loan agreement worth Rp10 trillion on 14 November 2024. As one of the lead arrangers, IIF received a credit disbursement portion of Rp500 billion.

Idhan added that the development of telecommunications and information infrastructure also helps reduce the digital divide between urban and rural areas. With wider internet access, people in remote areas can access education, health services, and wider economic opportunities.

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