The Most Inspiring CEO For Sustainable Development: Bisnis Indonesia Awards 2021

September 2021 – Famed for grasping sustainable infrastructures, PT Indonesia Infrastructure Finance (“IIF”) has evolved into a prominent player in the market. Numerous creative financing products and scheme have been provided and some of those are being the trailblazer within its kind.

Under the leadership of the Company’s current CEO, Reynaldi Hermansjah, IIF has been continuing to book profits after experiencing two years of consecutive losses. This major comeback was the beginning into an enticing voyage. Apart from financial performance, simultaneously IIF endured recognitions from its operational practices. Evidently, it caught the attention from Bisnis Indonesia Group. Reynaldi Hermansjah has been crowned as The Most Inspiring CEO for Sustainable Development for the 2021 Bisnis Indonesia Awards (“BIA 2021”).

BIA 2021, an annual event awarding Indonesia’s notable market players for their best performances. This year, the award is themed “Growth in Pandemic” which focuses on institutions that are able not only to survive, but to grow during the unprecedented times of Covid-19. The award ceremony was held virtually on Wednesday, September 15 2021 with attendants of over 50 notable companies in Indonesia.

“I am humbled to be awarded this title. Our relentless effort is finally recognized and will not be possible without the support from shareholders and stakeholders the Company. Just like an orchestra, everyone has its role and it is my duty to serve and conduct the synergy” as explained by Mr. Reynaldi Hermansjah, CEO of IIF.

 

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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id


University of Indonesia and PT Indonesia Infrastructure Finance Deepen Collaboration in Social and Environmental Sector

September 2021 – The Rector of the University of Indonesia (UI) Prof. Ari Kuncoro, SE, MA, Ph.D., and President Director of PT Indonesia Infrastructure Finance, Reynaldi Hermansjah, signed a Memorandum of Understanding (MoU) virtually on Wednesday 8 September 2021. This marked the first collaboration between the two institutions. The aim is to deepen collaboration to the community and environmental service and development programs.

The collaboration between UI and PT Indonesia Infrastructure Finance (IIF) covers three scopes, including the realization of sustainable infrastructure development in Indonesia based on the 8 Social and Environmental Principles of PT IIF namely, “Social and Environmental Principles” (SEP) and planning a Corporate Social Responsibility (CSR) program which has a social and/or environmental perspective that provides benefits in developing and improving the quality of society and/or the environment.

UI and PT IIF will also carry out cooperation on community service and development and the environment by utilizing available resources, in order to develop and improve the quality of society and/or the environment to achieve a greater good. The community and environmental service and development programs include a social and environmental assessment and management system (SEMS); labor and working conditions; pollution prevention and reduction, and climate change; public health, safety, and security; land acquisition and involuntary resettlement; biodiversity conservation and natural resource management; culture; and objects and cultural heritage.

The signing ceremony of the MoU was attended by IIF President Commissioner Darmin Nasution, IIF Investment Director Idhan Harahap and Bayu Wirawan as well as the Heads within UI respectively: Vice Rector for Research and Innovation drg. Nurtami, Ph.D, Sp.OF(K), Dean of the Faculty of Pharmacy Dr. Mahdi Jufri, M.Sc., Apt, Dean of the Faculty of Nursing Agus Setiawan, S.Kp., M.N., D.N, Director of Community Service and Empowerment Agung Waluyo, Ph.D., Director of Operations and Facility Maintenance Prof. Dr. Ir. Gandjar Kiswanto, M.Eng., Director of Cooperation Dr. Toto Pranoto, S.E,, M.M., Director of Human Resources Dr. Abdillah Ahsan, S.E., M.S.E., Director of Student Affairs Dr. Badrul Munir, ST., M.Eng.Sc, Director of Research and Development Dede Djuhana, M.Sc., Ph.D., Head of Miriam Budiardjo Resource Center FISIP Evi Fitriani, Ph.D., Secretary to the Chairperson of FEB Herda JT Pradsmadji, MPd, Deputy Dean for Education, Research, and Student Affairs of the Faculty of Cultural Sciences Shuri Mariasih Gietty, Ph.D., Vice Dean for Resources, Ventures, and General Administration of the Faculty of Computer Science, Prof. Dr. A. Nizar Hidayanto.

Prof. Ari believed this collaboration can be beneficial and positivity to the community through the CSR Program and as a manifestation of the Tri Dharma of Higher Education, namely community service. According to him, in line with PT IIF’s role as a catalyst in accelerating infrastructure development in Indonesia, UI is present as a partner who can collaborate, especially in the development of science and grounding this knowledge through the community service of its academics so that service to the community forms a synergy between universities and companies that collaborates. As a result it will have a positive impact on the community.

“Through Community Service and Empowerment activities spread across 34 provinces, Universitas Indonesia is committed to increasing its contribution to the achievement of the Sustainable Development Goals (SDGs) and in line with the goals of Social responsibility of SOEs,” said Prof. Ari. Furthermore, he hopes that this cooperation can leverage beyond cooperation between the two parties, but more importantly, provides the maximum benefit to the community.

Dr. Darmin Nasution, S.E. was delighted and proud to witness the signing of the MoU between UI and PT IIF. “PT IIF is a financial institution that focuses on sustainable infrastructure and has an interest in social and environmental aspects. With the signing of this MoU, UI as the best university in Indonesia supported by its human resources, researchers, and academics can assist PT IIF identify social and environmental aspects. Aside from identifying, hopefully UI can provide suggestions on what to do regarding these aspects to have a sustainable impact. We expect through this collaboration, PT IIF’s CSR will be more useful for the community and long-lasting,” he said.

In line with what the UI Rector, Reynaldi Hermansjah, mentioned in his opening remarks, “as an agent of change and a catalyst for sustainable infrastructure development, IIF actively carries out various activities outside of the commercial aspect. We believe that aspects of sustainability in development also include responsibility to society and the environment. Through the signing of this agreement, we are optimistic that we can realize an excellent CSR program as another form of IIF’s service to society and the environment. The agreement, which will then be outlined in this CSR Program, is expected to run well while becoming broadly beneficial and better yet, it becomes IIF and UI’s service to Indonesia.”

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance (IIF) is a private non-bank financial institution, which is engaged in infrastructure financing and consulting services that are professionally managed and focused on commercially viable infrastructure projects. IIF was established on January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank, Asian Development Bank (ADB) and other multilateral institutions.

In conducting its business activities, IIF applies best practices based on international standards in providing credit, corporate governance, and in applying 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
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id

Dra. Amelita Lusia, M.Si. CPR 
Kepala Biro Humas dan KIP UI 
Media contact: Mariana Sumanti, S.Hum, Wanda Ayu Agustin, S.IP
(Media Relations UI, humas@ui.ac.id ; 08151500-0002)

 


The Asset Triple A Infrastructure Awards 2021

August 2021 – Asian market has long been drawing the presence of sizable multinational companies and global investors. Being the largest and most populous continent on earth, Asia provides an abundance of opportunities and support for the business ecosystem. Accordingly, Asia requires a massive infrastructure investment within sustainable framework. One of the growing sustainable infrastructure sectors nowadays is renewable energy where the support of PT Indonesia Infrastructure Finance (‘IIF’) has been proven by spotlighting this sector as one of the significant portions of its portfolio.

In July 2021, a Hong Kong-based multi-media company, Asset Publishing and Research Ltd. (“The Asset”) held the annual prestigious award, namely The Asset Triple A Awards. It has awarded IIF for its two renewable energy projects. Those projects are the Wind Power project in South Sulawesi and Hydroelectric Power project in Sumatera.

The Wind Power project is cited for being the first wind power project in Indonesia and the largest in Southeast Asia generating 70MW. This deal thrones the tile of Renewable Energy Deal of the Year under Wind Category. In this project, IIF acted as the mandated lead arranger, underwriter and bookrunner with the deal of over US$14 million.

While the hydroelectric project located in Sumatra, is assessed to have significance in supporting its long-term operation of the plant to provide low-cost, renewable and dependable power supply in the North Sumatra province. In this project, IIF acted as the lender with total loan facility of over US$200 million.

Receiving an internationally recognized award is a admiration for us. This does not mean IIF has achieved success, but rather motivate us to further contribute in the best possible way for the development of Indonesia, particularly in the sustainable infrastructure. Because good business makes profit, but great business makes impact!” as mentioned by Mr. Reynaldi Hermansjah – CEO of IIF.

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance 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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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

Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id


The Role of Private Sectors and International Financial Provider: IIF at the Global Infrastructure Investment Forum 2021

Jakarta, July 2021 – The unanticipated pandemic in the last two years has kneeled down the economy while layers of society has been struggling in surviving. Nevertheless, optimism sheds a light as the Government pursues accelerating inoculation to achieve herd immunity and carries out National Economic Recovery (PEN).

Supporting Government program to accelerate infrastructure development, the Global Infrastructure Investment Forum 2021 (“GIIF 2021”) is held and gathered high-level individuals to convey this intention and PT Indonesia Infrastructure Finance (“IIF”) is honored to be invited as one of the speakers.

The GIIF 2021 themed “Elevating Together: Infrastructure New Paradigm for a Winning Future” with key takeaways are the knowledge of economy recovery following the pandemic, optimizing investment and the sovereign wealth fund, conveying the new availability of 5G in Indonesia and socialization of eco-friendly (sustainable) development.  

Mr. Reynaldi Hermansjah, CEO of IIF,  shared the role of IIF and its strategy going forward. During this session, Mr. Reynaldi highlighted IIF maneuver over the long term by committing to its mandate as a catalyst. IIF’s unique approaches in providing tailor-made solutions can benefit clients that are impacted by the pandemic and how IIF translates its optimism through its innovative products. 

 “Despite challenging time, we continuously strengthen our steps in delivering the best solutions for our stakeholders. Whilst the GIIF 2021 helps to boost investor, public and respective stakeholders’ confidence for our economic recovery” as explained by Mr. Reynaldi Hermansjah.

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance 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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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

Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id


1442 H Eid Al-Adha: IIF Care and Share

Jakarta, July 2021 – PT Indonesia Infrastructure Finance (“IIF”) has various approaches in developing Indonesia aside from financing projects across Indonesia from Sumatra to Papua. With its presence in many islands, IIF takes the initiative to share with the community, to celebrating the 1442 H Eid-Al Adha by providing sacrificial animals across Indonesia.

Annually, IIF together with the Special Mission Vehicle under the Ministry of Finance (“MoF”) participated in donating with the purchase of a cow to support the MoF Program, “Kemenkeu Satu Peduli di Masa Pandemi” as a form of caring for the people and society.

This year, IIF was supported by its clients to donate the sacrificial animals on project sites in Garut, North Gorontalo and North Morowali Regency.

Despite encountering challenging time, as a business entity IIF maintains its act and responsibility of humanitarian.

 

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance 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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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

Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id


SPAM Pekanbaru: Syndication Facility For Water Supply

July 2021 – Following the first half of 2021, PT Indonesia Infrastructure Finance (“IIF”) acted as the Mandated Lead Arranger for a syndication Senior Term Loan Facility. The facility is for the Pekanbaru Tirta Siak Water Supply System, which is delivered under the Public-Private Partnership (“PPP”) scheme. The facility provided is at the amount of Rp.337,340,000,000. 

In order to increase the availability of water in the Pekanbaru City area, Government of Pekanbaru City intends to increase the coverage of piped drinking water services through a PPP scheme. Through this project, it is expected could rehabilitate the existing water treatment plant and construct the new water treatment plant (“WTP”)  that are located in Tampan area, which will increase the current WTP capacity of 340 Lps to 750 Lps during 6 years’ construction period. 

The raw water source for the Project is the Siak River located in Pekanbaru City. The project is estimated to serve ± 61,000 House Connection covering 7 districts and 31 urban villages. The districts include Pekanbaru City District, Lima Puluh District, Sukajadi District, Sail District, Senapelan District, Payung Sekaki District, and some part of Bukit Raya.

“IIF is proud to be involved in this major project. Our sustainability principles is channeled through our financing sectors. As this is not our first PPP deal, we are looking forward for more beneficial deals which positively impacts the society” as explained by Mr. Idhan Harahap, CIO & Managing Director of IIF.

PT Indonesia Infrastructure Finance

PT Indonesia Infrastructure Finance 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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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

Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id


Webinar Series #4 – Innovative Financial Instrument for Infrastructure Financing

June 2021 – As part of webinar series, PT Indonesia Infrastructure Finance (“IIF”) collaborated with Bisnis Indonesia to host its fourth webinar themed “Innovative Financial Instrument for Infrastructure Financing”. Aside from in-house experts, IIF invited its clients to share their experiences in utilizing IIF’s innovative products.

IIF is unique compare to most of financial institutions. Not only the implementation of social and environmental principles on every funded project, but IIF also provides tailor-made solutions for clients. These innovations prompt the theme for the fourth webinar, which highlights two of IIF’s innovative products given to two institutions in the telecommunication sector.

During this session Mr. Andrijanto, CEO of PT Eka Mas Republik (“MyRepublic”) discussed about the take out financing facility obtained from IIF. While Mrs. Lily Hidayat, Chief Financial Officer of PT Bali Towerindo Sentra Tbk. (“BALI”) shared about the credit enhancement facility obtained by BALI for its bonds issuance purpose.

Mr Reynaldi Hermansjah, President Director of IIF gave his opening speech. Representing IIF, Mr. Idhan Harahap, Managing Director & CIO and Mr. Kevin Tantra, Team Leader of Investment whom they conveyed the financing innovation IIF offers.

“This webinar not only shares our success stories as a catalyst, but also as an effort to provide solutions for infrastructure financing in Indonesia” as explained by Mr. Idhan Harahap, Managing Director & CIO of IIF.

 

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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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.

Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id


Data Center Ground Breaking Ceremony: IIF’s First Data Center Project in Telecommunication Sector Portfolio

JABABEKA – PT Harrisma Data Citta (“HDC”) has started the development of a Hyperscale Data Center, marked by Ground Breaking ceremony on Monday, 28th June 2021. The project has obtained Senior Term Loan facility from PT Indonesia Infrastructure Finance (“IIF”) which has been signed and effective at the end of May 2021. Nuevo Asia Capital Pte Ltd (“NAC”) acts as the sole Mandated Arranger in this transaction.

The Hyperscale Data Center Project is a premium Data Center facilities project to be constructed by PT Pembangunan Perumahan (Persero), Tbk (“PTPP”) as the main contractor on a site of 17,289 square meters located in Jl. Science Boulevard Raya A1B, Jababeka Industrial Estate, Bekasi. The design & concept of the building pursued the Zero Downtime Facility Design, Efficient Data Center with PUE < 1.5, and Green Building concept, along with the current demand trend for the efficiency and green of Data Center to create more value to the overall performance.

The project development alone will be consisting of 3 phases with a total of rack capacity up to 3,000 racks and Tier III specification (certification) facilities.

Phase 1 – comprises the construction of a “powered-shell” building (Data Center Building) with a total gross area of 20,057 square meters in a 3-storey structure. The fit-out capacity is 3.5MW of IT Computer room on Level 1 of the DC Building and supporting MEP facilities.

Phase 2 – The fit-out of 7 MW of IT Computer room on Level 2 of the Data Center Building.

Phase 3 – The fit-out of 7 MW of IT Computer room on Level 3 of the Data Center Building.

HDC has appointed IIF and NAC as Joint Mandated Lead Arrangers to arrange the financing for the further development of phase two and phase three of the Project in Q4 2021.

“With our experience in financing sustainable infrastructure in Indonesia, together with NAC, we have succeeded in providing the financing for the first phase of this project. Supported by attractive growth potential, we are confident that we could support HDC to arrange the financing with the best terms for phase two and phase three. In this first phase, IIF provides facilities with a total of IDR 629.8 billion with the target completion of the project by 2022,” explained Mr. Reynaldi Hermansjah, President Director of IIF.

Mr. Reynaldi added, “Currently, infrastructure development is not only seen from physical development such as roads and construction but also digital development. Therefore, IIF always consistent in developing and adapting to the times. We are very proud of this achievement and ready to take part too in the construction of the next phase of the project.”

Yulianni Liyuwardi, Country Director of Nuevo Asia Capital Pte Ltd in her opening speech explained that the Telco Data Center sector in Indonesia is very promising due to several reasons:

  1. Indonesia is one of the largest numbers of internet users in the world, thus it is certain that its data storage needs also follow this number, and it would make sense for data storage to be set up close to the existing contain users.
  2. Relatively more attractive investment ratio compared to several countries in Asia such as Singapore and Japan, so in general it will make rental prices and margins more attractive.
  3. The Telco data center sector in Indonesia is one of the few existing sectors, which is proven to experience positive growth during this Pandemic period. One of them is due to changes in market behavior that tended to increase in online or virtual action during this Pandemic period.

“It is predicted this market behavior will continue; thus, the availability of Data Center facilities is very important to be able to accommodate the increasing demand for virtual data. The role of financial institutions and investors is here to play an active role in supporting the growth of the Telco Data Center sector. The same thing will be needed by HDC Group in its future developments, where they have committed to becoming one of the leading players in both the retail and wholesale segment. The required investment for phases 2 and 3 is around USD 100 million, excluding its investment needs in the retail segment,” Yulianni added.

Mr. Sukoco Halim President Director of HDC explained: “The development of the Hyperscale Data Center Project is HDC’s response to the huge growth potential of the Data Center industry in Indonesia due to the large gap between supply and demand. Indonesia as the fourth most populous country in the world is also the largest economy in the Southeast Asia region.”

In the construction of this data center HDC has 5 main objectives, namely:

  1. World-class security system with the application of 7 layers of processes based on biometrics, artificial intelligence, and touchless systems.
  2. Environmentally friendly building design and data center facilities.
  3. Optimal efficiency level with PUE average target operating at 1.3.
  4. Guaranteed reliability of electrical power without downtime (zero downtime).
  5. And neutrality with the support of more than 20 network access providers directly.

Recent market research shows that it has been in the limelight as increasing cloud adoption has prompted more large-scale data center investment in recent years.

The demand for the facility is increasing exponentially with 150 million Indonesians expected to be able to access the internet by 2023 and 20 million new social media users added in the last two years. The Government’s Go Digital and Industry 4.0 vision is also likely to drive the need for more data centers, as one million fishermen and farmers will be provided with online support from thousands of technology startups along with efforts to digitize eight million SMEs.

In addition, the Data Center industry is largely driven by a subset of the existing customer base: public cloud and platform providers such as e-commerce and SMEs’ demand for low-cost storage solutions. More and more companies are abandoning in-house physical servers in favor of cloud hosting.

The 2020 pandemic has also accelerated changes in corporate IT strategies, as companies rapidly shift to the cloud. The continuation and optimization of this shift will continue over the next few years, creating a further emphasis on cloud service availability and connectivity across platforms.

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 January 15, 2010 at the initiative of the Government of the Republic of Indonesia – Ministry of Finance of the Republic of Indonesia together with the World Bank Group, Asian Development Bank (ADB) and other multilateral institutions.

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
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
corsec@iif.co.id