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