JAKARTA- PT. Indonesia Infrastructure Finance (IIF) formed a partnership with PT Kopelindo Infrastructure Indonesia (Kopel Infrastructure) in the area of co-financing infrastructure projects in Indonesia. The high demand of construction and infrastructure projects, which are currently supported by the government, encourage the cooperation between IIF and Kopel Infrastructure.
The signing of MoU (Memorandum of Understanding) by the IFF President Director, Arisudono Soerono, with the Director of Kopel Infrastructure, Herianto Pribadi, is witnessed by the Finance Minister, Bambang PS Brodjonegoro, Bulog President Director/Kopelindo Advisor, Djarot Kusumayakti, and Chairman of KOPELINDO, Deddy SA Kodir, in Jakarta, Friday (3/6).
Kopel Infrastructure is a subsidiary of KOPELINDO (Cooperative Employees and Pensioners of Bulog Indonesia). Kopel Infrastructure is formed to work on infrastructure projects across the country, as a result of high potential and rapid national infrastructure development, nowadays. “The action of Kopel Infrastructure shows the commitment of Cooperative Bureau as the pillar of democratic economy to play an important role in Indonesian infrastructure development,” said President Director of Kopel Infrastructure, Herianto Pribadi.
KOPELINDO which has been engaged in the financial sector, aiming to strengthen the basis of investment into rapidly growing sectors and is able to deliver substantial benefit for the people. Based on the mandate, Kopel infrastructure investment targeting the amount of US $1 billion in the next 5 years. While the budgeted fund amount up to US $ 125 million to support this plan,” said Herianto.
JAKARTA, PT Indonesia Infrastructure Finance (IIF) is appointed as Mandated Lead Arranger by PT LEN Telekomunikasi Indonesia. In its capacity as Mandated Lead Arranger, IIF will organize and search for syndicated financing to fund the development of fiber optical backbone network of national Palapa Ring Central Package.
The MoU (Memorandum of Understanding) is signed by the President Director of IIF, Arisudono Soerono, and President Director of PT LEN Telekomunikasi Indonesia, Raden Wahyu Pantja Gelora, in between the 2nd Annual Indonesia Infrastructure Finance Conference Euro Money with IIF as the main sponsor, at Grand Hyatt Jakarta, Tuesday (24/5).
“With IIF experience in infrastructure financing, as financial advisor, along with extensive international network, and strong support from the shareholders, we believe that we can help PT LEN Telekomunikasi Indonesia to obtain financing sources with the best rate,” explains Arisudono.
Palapa Ring is telecommunication network construction project that connects all parts of Indonesia, to minimize the distance and shorten the time to communicate to and between regions throughout Indonesia. Especially for the Palapa Ring Project Central Package, the government has appointed PT LEN Telekomunikasi Indonesia to connect 17 cities/districts in five provinces, located in the central region of Indonesia that is Borneo, Celebes, and North Maluku. Palapa Ring project is targeted to be completed in the second quarter of 2018, so the presence of broadband networks can already be optimized by the people in the second quarter of 2018.
JAKARTA- PT Indonesia Infrastructure Finance (IIF) works with Asbanda (Regional Development Bank Association) in order to improve the implementation of infrastructure project financing program. This cooperation will strengthen IIF function as the catalyst for infrastructure investment in the region.
The signing of MoU (Memorandum of Understanding) by the President Director of IIF, Arisudono Soerono, and Asbanda Chairman, Kresno Sediarsi, who is also the Director of Bank DKI, is held on the sideline of the 2nd Annual Indonesia Infrastructure Finance Conference Euro Money with IIF as the main sponsor, at Grand Hyatt Jakarta, Tuesday (24/5).
“In near future, IIF will finance the commercially viable infrastructure projects through Asbanda development banks network, particularly to support the development strategy of financing and advisory services (consulting) on infrastructure projects, either the ones organized by the government, cooperation between enterprises and government, state-owned enterprises, as well as financing private sector for infrastructure projects,” said Arisudono.
As the mandate given by the Government of the Republic of Indonesia, IIF aims to finance 8 infrastructure sectors, namely transportation, roads, irrigation, drinking water, wastewater, telecommunications and informatics, electricity, and oil & gas. The products offered by IIF include senior loan, refinancing, subordinated loan, equity investments, guarantees, standby loan, syndication, and financial advisor.