Emphasizing the Role of Public Policy Banks in Accelerating Transition Financing, IIF Participates in Climate Capital, Risk and Impact Conference 2025

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Jakarta, 1 September 2025 – PT Indonesia Infrastructure Finance (IIF) President Director / CEO, Rizki Pribadi Hasan, shared his insights on innovative financing solutions for sustainable infrastructure during a virtual session at the Climate Capital, Risk and Impact Conference 2025 held by Asian Infrastructure Investment Bank (AIIB) in Mumbai. He participated as a panelist in the session “How can public policy banks accelerate finance for transition?” alongside leaders from BNDES (Brazil), NABARD (India), AFD (France) and PT SMI (Indonesia).

The panel, chaired by B.S. Venkatesha, Deputy Managing Director of NaBFID, discussed the critical role of development finance institutions (DFIs) in bridging the vast financing gap required for emerging markets to achieve net-zero transitions.

In his remarks, Rizki emphasized IIF’s unique position as the only Indonesian financial institution exclusively focused on private-sector infrastructure financing. Today, renewable energy accounts for around 22% of IIF’s total portfolio, including hydropower, solar, biomass, and geothermal projects.

IIF has also pioneered innovative financing instruments:
• In 2021, it became the first non-bank institution in Indonesia to issue a Global Sustainable Bond.
• In 2024, IIF issued the country’s first publicly listed green perpetual notes, further expanding green financing options.

Innovative Financing Products
Rizki highlighted IIF’s role in complementing banks and capital markets by offering products that enhance project bankability:
• Cash Deficiency Support Facility – a subordinated loan mechanism that stabilizes project cash flows during the ramp-up phase, providing security to senior lenders.
• Credit Enhancement Facility – a guarantee mechanism that upgrades client bond ratings (e.g., from BBB to A/AA), reducing financing costs and widening investor access.

“These tools are critical for ensuring that infrastructure projects in Indonesia not only achieve financial close but also contribute meaningfully to the country’s climate transition,” said Rizki.

Global Collaboration for Net Zero
Alongside fellow panelists, Rizki underscored the importance of partnerships between DFIs, banks, and capital markets. By leveraging blended finance, adopting ESG standards, and developing frontier instruments such as guarantees and local-currency financing, public policy banks can play a decisive role in mobilizing the trillions of dollars required for emerging markets to meet their net-zero goals.

IIF’s participation in this international forum further reinforces its commitment to becoming a key catalyst in promoting the green transition in Indonesia. By prioritizing innovative financing and strengthening global collaboration, IIF not only provides solutions for infrastructure funding gaps but also makes a tangible contribution to accelerating the achievement of sustainable development goals and net-zero emissions.

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

Financing Breakthroughs! IIF and Its Innovative Strategies Amid Global Challenges

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Jakarta, 27 August 2025 – Amid global economic uncertainties and national financing challenges, PT Indonesia Infrastructure Finance (IIF) has successfully recorded a series of breakthroughs, reinforcing its position as a key catalyst in advancing sustainable infrastructure financing in Indonesia.

In the first half of 2025, IIF booked a 27% growth in net profit, driven by a 32.3% increase in net interest income to IDR 255.1 billion, along with a successful reduction of interest expenses by 8.3% to IDR 371.1 billion. These achievements strengthened IIF’s net profit margin to 13.0%.

In an interview with CNBC Indonesia on Tuesday, August 26, 2025, Rizki Pribadi Hasan, President Director of IIF, stated, “Infrastructure is a crucial component for a nation in building its welfare and economic growth. Therefore, the opportunities for infrastructure development will always remain open.”

When asked about IIF’s key strengths, Rizki responded, “IIF’s role is not to compete in Indonesia’s financial industry, but rather to serve as a partner. We are the only Non-Bank Financial Institution (NBFI) that focuses solely on infrastructure. While banks can also finance infrastructure, IIF stands as the sole dedicated NBFI. Moreover, since our establishment 15 years ago, we have consistently implemented social and environmental principles in infrastructure projects.”

As a trusted institution that upholds sustainability and good governance, IIF offers a wide range of financing schemes and advisory services to ensure the feasibility and sustainability of infrastructure projects, including:

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

IIF’s focus covers a variety of critical sectors, including electricity, telecommunications, toll roads, water and wastewater, gas infrastructure, airports, seaports, social infrastructure, tourism infrastructure, railways, and public transportation.

One of IIF’s major breakthroughs was the successful issuance of a 10-year long-term bond worth IDR 1 trillion in 2024, making it the only non-bank institution to do so that year. The issuance was oversubscribed by 2.2 times, reflecting strong investor confidence.

IIF’s commitment to delivering innovative financing solutions has also earned international recognition. In 2025, the company received seven prestigious international awards, including five awards from The Asset Triple A Sustainable Infrastructure Awards and two awards from the ABF Corporate & Investment Banking Awards.

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

Celebrating Indonesia’s 80th Independence, Infrastructure as the Backbone of National Progress

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Jakarta, 22 August 2025 – Since Indonesia’s proclamation of independence in 1945 until now, infrastructure has stood as the backbone of Indonesia’s economic growth, equitable development, and national integration.

The past eight decades have reflected a remarkable transformation. From the early years of independence, infrastructure development focused mainly on roads, bridges, dams, and irrigation to secure food resilience. The New Order era marked an acceleration of national road networks, power plants, and the first toll road—Jagorawi, officially inaugurated in 1978.

The Reformation Era then opened a new chapter, with greater private sector involvement through Public–Private Partnerships (PPP), in response to rising investment needs. Over the past decade, infrastructure has become a priority of the national agenda.

Over the past decade, the Government has successfully delivered 2,103 km of toll roads, 40 dams, 27 new airports, as well as other major projects such as railway lines and the development of Ibu Kota Nusantara (IKN). In addition, inter-regional connectivity has been strengthened through the construction of the Trans-Papua, Trans-Kalimantan, and Trans-Sumatra routes, designed to connect regions that had long remained isolated.

Infrastructure has brought tangible benefits to both the economy and public welfare. The construction sector is the fourth-largest contributor to Indonesia’s economy, accounting for 10.43 percent of national GDP in the fourth quarter of 2024.

 

In terms of energy access, the national electrification ratio reached 99.83% by the end of 2024, ensuring nearly all Indonesian households have electricity.

Furthermore, data from Statistics Indonesia (BPS) and Bappenas (2024) recorded that Indonesia has already achieved 62.5% of the Sustainable Development Goals (SDGs) indicators, far above the global achievement of only 17%.

Eight decades of infrastructure development in Indonesia reflect remarkable achievements, while also underscoring the vast financing needs that cannot be met by the government alone. This is where the role of the private sector and infrastructure financing institutions becomes crucial.

Since its establishment in 2010, PT Indonesia Infrastructure Finance (IIF) has become strategic partner to both government and private stakeholders in addressing Indonesia’s infrastructure financing challenges.

As of the end of 2024, IIF has contributed around IDR 42.5 trillion in financing for more than 150 strategic infrastructure projects across Indonesia. Its support spans transportation, energy, telecommunications, clean water, and other priority sectors. Notable achievements include:

• Energy: Power plant projects with a combined production capacity of 709.9 MW, reaching over 709,000 households or approximately 3.5 million people. These projects have also contributed to reducing greenhouse gas (GHG) emissions by 4.924 million tons of CO₂ equivalent annually, comparable to the emissions absorbed by 172,000 trees planted up to 2025.
• Transportation: Hundreds of kilometers of toll roads and strategic access routes.
• Clean Water: IIF-financed water supply projects have added 27,501 liters per second in clean water distribution capacity, serving approximately 1.39 million households or more than 6.78 million people across Indonesia.

• Healthcare: Development of healthcare facilities providing 1,051 inpatient beds and the capacity to serve more than 351,000 outpatients annually.

Chief Investment Officer of IIF, M. Ramadhan Harahap (Idhan), stated, “Indonesia’s 80th year of Independence is a moment to reflect on the nation’s long journey of development. Infrastructure has transformed Indonesia, from the limitations of the early independence era to the modern connectivity we see today. At IIF, we are proud to be part of this journey by financing projects that deliver real benefits across economic, social, and environmental dimensions.”

The 80th Anniversary of Indonesia’s Independence serves as a moment of reflection and a stepping stone toward Golden Indonesia 2045. With financing capacity firmly grounded in ESG principles, IIF will continue to play its role as a strategic partner for both the government and the private sector in building sustainable infrastructure across 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]

Social Media:
•Instagram: @pt_iif
•LinkedIn: IndonesiaInfrastructureFinance

 

IIF Acquires Two Prestigious Awards at the ABF Corporate & Investment Banking Awards 2025

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Jakarta, 3 July 2025 – PT Indonesia Infrastructure Finance (IIF) has once again achieved international recognition by winning two prestigious awards at the Asian Banking & Finance (ABF) Corporate & Investment Banking Awards 2025. The company was awarded Debt Deal of the Year and Innovative Deal of the Year for its successful issuance of the Shelf Registered Bond II Phase II Year 2024 worth IDR 1 trillion, featuring a 10-year tenor.

This long-term bond issuance marks a significant breakthrough in the national financial sector. IIF stands as the only nonbank financial institution in Indonesia to issue a 10-year tenor bond in 2024. The initiative was recognized not only for its innovative funding structure but also for its tangible impact on cost efficiency and the financing of sustainable infrastructure projects.

A portion of the bond proceeds has been allocated to the development of affordable housing and the revitalization of Rawa Buntu Train Station in South Tangerang. The project includes the construction of three apartment towers comprising 1,816 residential units, along with public and commercial facilities, directly contributing to the reduction of Indonesia’s housing backlog.

M. Ramadhan Harahap (Idhan), Chief Investment Officer of IIF, stated, “This bond was designed to strengthen the company’s long-term financial sustainability and to support the financing of commercially viable and socially impactful infrastructure projects. During the bookbuilding process, the bond received an oversubscription of 2.2 times, demonstrating strong market interest and investor confidence in IIF.”

As an enabler in sustainable infrastructure development, the structure and use of the bond proceeds are in line with IIF’s sustainability principles. “Every project financed must comply with strict social and environmental frameworks, reaffirming IIF’s commitment to responsible and impactful infrastructure development,” added Idhan.

Through these recognitions, IIF continues to strengthen its position as a pioneer in infrastructure financing innovation. Moving forward, the company remains committed to delivering adaptive, competitive, and impactful financing solutions that bring #DampakNyata (Real Impact) to communities across 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).

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 Obtains 5 International Awards at The Asset Triple A Sustainable Infrastructure Awards 2025

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Jakarta, 2 July 2025 – At the Asset Triple A Sustainable Infrastructure Awards 2025, PT Indonesia Infrastructure Finance (IIF) has been awarded five international prestigious recognitions. These awards highlight IIF’s active contribution in financing sustainable infrastructure projects across Indonesia.

The awards received by IIF are as follows:
1. Transport Deal of the Year for a US$38.55 million financing facility provided to PT Polytama Propindo;
2. Telecom Deal of the Year for the acquisition of PT Ultra Mandiri Telekomunikasi by PT Dayamitra Telekomunikasi valued at IDR 650 billion;
3. Water Deal of the Year for a senior term loan of IDR 250 billion provided to PT Pembangunan Perumahan Tirta Riau;
4. LNG Deal of the Year for a senior term facility of IDR 700 billion extended to PT Sumber Aneka Gas; and
5. Project Finance House of the Year, recognizing IIF’s strong reputation and performance in infrastructure project financing in Indonesia.

Chief Investment Officer of IIF, M. Ramadhan Harahap (Idhan) expressed his gratitude and appreciation for the trust and support from all stakeholders and clients in utilizing IIF’s products and services. “As an enabler of sustainable infrastructure development, this recognition motivates us to keep evolving and contributing to national economic growth”.

The Asset Triple A Sustainable Infrastructure Awards is organized by The Asset, a leading financial publication and institution in Asia. The awards honour financial institutions that demonstrate excellence in financial structuring, sustainability, and the social impact of the projects they finance.

In addition to reflecting international confidence in IIF as a sustainable infrastructure financier, these recognitions reinforce IIF’s commitment to advancing infrastructure projects aligned with ESG (Environmental, Social, and Governance) principles and Indonesia’s long-term development vision.

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-undntwicklungsgesellschaft (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

Middle East Tensions and Global Turmoil: A New Challenge for Sustainable Infrastructure Development in Indonesia

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Jakarta, 1 July 2025 – The Indonesian government has raised concerns over the growing impact of global uncertainty on the national economy. The ongoing conflict in the middle east as well as the escalating US–China trade war is considered as a key driver behind the weakened export performance, mounting pressure on the Indonesian rupiah, and surging global commodity prices.

This was conveyed by Indonesia’s Minister of Finance, Sri Mulyani Indrawati, during the June 2025 edition of the “APBN Kita” press briefing at the Ministry of Finance in Jakarta on Tuesday, (17/6). According to her, the current global landscape presents a complex risk combination: rising inflation amid a slowdown in the world economy.

“Risks for Indonesia must be carefully monitored. The weakening of the global economy will impact our exports. While some commodity prices have spiked, the cause is not market-driven but rather due to supply chain disruptions,” she explained.

Amid an increasingly uncertain global landscape, the national infrastructure development sector is also facing new challenges. In response to this, PT Indonesia Infrastructure Finance (IIF) emphasizes that the momentum toward sustainable development must continue and remain a primary goal to reduce Indonesia’s dependence on fossil fuels and to build infrastructure that is more environmentally friendly and sustainable.

Chief Investment Officer IIF, M. Ramadhan Harahap (Idhan) further explained that the conflict in the middle east has triggered systemic effects on global markets, especially in the energy and financial sectors.

“Conflict in the Middle East has directly impacted in the increase of global oil prices and created high volatility in the financing sector. This affects the cost of capital for infrastructure projects, especially those that rely heavily on fossil fuel or imported equipment,” said Idhan.

In line with this statement, IIF views the current global crisis as a catalyst to accelerate structural reforms in the infrastructure sector toward a more resilient and adaptive to changes. Idhan noted that the spike in global energy prices strengthens the investment case for renewable energy projects such as geothermal, solar, and biogas.

“We are at a turning point. This crisis reinforces the urgency for Indonesia to accelerate energy independence through stable and scalable green projects,” he added.

This also aligns with the government’s recent initiative in inaugurating the Battery Energy Storage System (BESS) downstreaming project in Karawang last week, on June 29. On that occasion, President Prabowo Subianto expressed his confidence that Indonesia could achieve energy independence within the next 5 to 6 years. To support this vision, the development of battery manufacturing plants for electric vehicles and solar energy storage systems is deemed essential.

IIF’s financing portfolio has long been directed toward infrastructure projects that contribute directly to the Sustainable Development Goals (SDGs). In addition to financing, IIF enhances the resilience of national infrastructure projects through its comprehensive ESG Advisory services. This strategic support ensures that projects are not only economically viable, but also resilient to global environmental and social challenges.

“We design financing structures that are adaptive to global risks—financial, environmental, and governance-related. This is crucial to ensure that today’s projects will not become tomorrow’s burden,” said Idhan.

As a closing note, Idhan emphasized that IIF will continue to bridge Indonesia’s development needs with a rapidly shifting global context while strengthening partnerships with multilateral institutions and ESG-oriented investors.

“Geopolitical challenges are not a reason to halt progress. On the contrary, they serve as a reminder that the infrastructure of the future must be stronger, greener, and more self-reliant”, he concluded.

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

Encouraging Sustainable Business, IIF Participates in International Conference on Infrastructure 2025

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Jakarta, 11-12 June 2025 – PT Indonesia Infrastructure Finance (IIF) continuously affirms its commitment to sustainable infrastructure development through its participation in the International Conference on Infrastructure (ICI) 2025, organized by the Coordinating Ministry for Infrastructure and Regional Development. Held at the Jakarta International Convention Center (JICC), the event brought together national and international stakeholders across public, private, and global development sectors.

Attended by the President of the Republic of Indonesia, Prabowo Subianto, the conference served as a strategic platform for sharing insights, fostering cross-sector collaboration, and shaping policy directions and innovation in building resilient, inclusive, and sustainable infrastructure for the future.

As part of its participation, IIF presented an interactive booth showcasing its portfolio of ESG Advisory initiatives across strategic sectors, ranging from renewable energy and transportation to clean water management and public service facilities. Visitors were also invited to join the interactive activities such as; ESG quizzes, and informal discussions with representatives from IIF’s Advisory and Investment teams.

“The quality of infrastructure we build today will define Indonesia’s competitiveness and national security in the future. Through IIF’s participation in this event, we aim to encourage businesses to integrate ESG standards into their core operations,” said Irman Boyle, Head of Advisory IIF.

During the event, Irman also highlighted the critical role of ESG in generating tangible social and environmental impact through infrastructure projects. This engagement forms part of IIF’s broader effort to shape a strong public narrative around sustainability.

Through its active presence at the conference, IIF further strengthens its position as a catalyst for sustainable infrastructure in Indonesia—supporting the nation’s strategic vision for Indonesia Emas 2045.

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 infrinfrastructure 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 Reduces Nearly 5 Million Tons of CO₂ Emissions Through Sustainable Infastructure Projects

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Jakarta, 28 May 2025 – PT Indonesia Infrastructure Finance (“IIF”) continues to demonstrate its strong commitment in supporting Indonesia’s sustainable infrastructure development. As of March 2025, projects financed by IIF have improved the quality of life for millions of people across the country, particularly in the sectors of renewable energy, clean water access, and healthcare services.

In the renewable energy sector, IIF has financed power generation projects with a total capacity of 709.9 MW, reaching over 709,000 households or approximately 3.5 million people. These initiatives have also contributed to a reduction of 4.924 million tons of CO₂ equivalent emissions per year, a figure comparable to the carbon absorption capacity of over 172,000 trees annually.

In the drinking water sector, IIF supported projects have added 27,501 liters per second in clean water distribution capacity, serving around 1.39 million households or more than 6.78 million people across various regions of Indonesia. This marks a tangible contribution toward improving access to safe and reliable water sources.

In the healthcare sector, IIF has supported the development of medical facilities that now provide 1,051 inpatient beds and serve over 351,000 outpatient visits each year. These enhancements play a crucial role in expanding healthcare access.

Chief Risk Officer IIF, Lestari A. Umardin stated, “These achievements demonstrate that well-targeted infrastructure financing not only drives economic growth but also delivers measurable social and environmental impact. Moving forward, IIF will continue to strengthen its role as an enabler in advancing sustainable infrastructure development”.

With a sustainable financing strategy that applies social and environmental principles, IIF will continue to strive to present innovative solutions in financing infrastructure projects that provide long-term benefits for society and the environment.

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

Q1 2025, IIF Records 63% Profit Growth

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Jakarta, 22 May 2025 – PT Indonesia Infrastructure Finance (IIF) recorded a 63% year-on-year (YoY) growth in net profit in the first quarter of 2025, reaching
IDR 52.8 billion compared to IDR 32.5 billion in the same period of the previous year. This achievement was supported by a
14% increase in net interest income, which rose to IDR 339.0 billion from
IDR 297.7 billion.

Chief Investment Officer IIF, M. Ramadhan Harahap (Idhan), stated, “This reflects the effectiveness of our financing strategy, as catalyst and solution provider which complements advancing national infrastructure development, while also continuing to maintain operational efficiency amidst economic dynamics”.

In terms of efficiency, interest expenses were reduced by 5% to IDR 190.8 billion and provisions decreased by 15%, further supporting the net profit increase.

As of March 2025, IIF financed projects have made a significant impact on millions of people. In the renewable energy sector, IIF supported the development of power plants with a total capacity of 710.9 MW, serving over 710,000 households or approximately 3.55 million people, while reducing carbon emissions by 4.931 million tons of CO₂ equivalent per year an amount comparable to the carbon absorption capacity of more than 173,000 trees.

In the drinking water sector, IIF’s projects have provided a total clean water distribution capacity of 27,501 liters per second, benefiting around 1.39 million households or more than 6.78 million people across various regions. In the healthcare sector, IIF financed facilities that now offer 1,051 inpatient beds and serve approximately 351,000 outpatient visits annually.

“We believe that infrastructure development must go hand in hand with sustainability. That is why we continue to innovate our financing products and embed ESG principles into every aspect of IIF’s business activities”, Idhan added.

With a solid financial foundation and a proven track record of social impact, IIF strives to continue its role as a strategic partner to both the government and private sector in building a greener, more inclusive, and competitive future for 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]

Social Media:
•Instagram: @pt_iif
•LinkedIn: IndonesiaInfrastructureFinance

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