Contributing to Sustainable Infrastructure Development, IIF Participated in various Infrastructure Projects in 2024

Jakarta, 30 January 2025 – PT Indonesia Infrastructure Finance (IIF) remains committed to supporting sustainable infrastructure development in Indonesia. Since its establishment in 2010, IIF has contributed to providing financing in various sustainable infrastructure sectors in Indonesia.

Rizki Pribadi Hasan, Interim Chief Executive Officer/Chief Financial Officer of IIF, stated, “infrastructure development will have a significant impact on social, environmental, and economic aspects. The benefits we seek are that with better infrastructure, productive sectors can grow and contribute to national economic growth.”

In the past year, IIF participated in the Cimanggis-Cibitung Toll Road construction project as part of the Jakarta Outer Ring Road (JORR) 2 and became one of the National Strategic Projects. The toll road development is intended to support the operation of JORR 2 and improve accessibility, travel cost efficiency, and reduce congestion between cities with high mobility, especially in the Jabodetabek area.

In 2024, IIF also signed a financing agreement for the development of a Hotel, Convention Center, and basic infrastructure in the Sanur Special Economic Zone, Bali which is intended for the development of health and hospitality services.

From the renewable energy sector, in December 2024, IIF signed a financing agreement for the 3×2 Megawatt (MW) Mini Hydro Power Plant (PLTMH) project in the Kaur Regency, Bengkulu region.

These projects are just a few examples of the many sustainable infrastructure development projects financed by IIF in the past year. In the future, IIF hopes to continue to contribute to accelerating the development of quality and sustainable infrastructure in 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

 


Supporting Development of Renewable Energy Projects, IIF Establishes Synergy with PT Brantas Adya Surya Energi

Jakarta, 23 January 2025 – To support the development of renewable energy project in Indonesia, PT Indonesia Infrastructure Finance (IIF) together with PT Brantas Adya Surya Energi (subsidiary of Brantas Abipraya) signed a senior term loan facility agreement worth USD 2,130,000 to support the acquisition of a 3×2 Megawatt Mini Hydro Power Plant (MHPP) located in Kaur Regency, Bengkulu Province. The signing was done by the Interim Chief Executive Officer / Chief Financial Officer of IIF, Rizki Pribadi Hasan and Fajareza Rizkyawan, President Director of PT Brantas Adya Surya Energi.

PT Brantas Adya Surya Energi is committed to develop the renewable energy sector in its operations, including overseeing the power generation sector spread throughout Indonesia which was previously managed under PT Brantas Energi.

Prior to this MHPP project acquisition, IIF has acted as a creditor to PT Brantas Adya Surya Energi by providing financing for the development of 2 MWp Gorontalo Solar Power Plant project back in 19 February 2016.

Rizki stated, “The construction of the MHPP is the right solution to meet the growing electricity needs in Kaur Regency. Through this project, IIF not only contributes to increasing the supply of clean energy but also supports local economic growth and community welfare”

As of 2024, IIF has contributed to the development of renewable energy infrastructure through power plants with a total installed capacity of 693.9 MW. These power plants have reduced GHG emissions by 419,3373.77 tons of CO2e, equivalent to planting 147,135 trees. The electricity generated also contributes to serving more than 637 thousand households, or the equivalent of 2.8 million people.

According to data from the Ministry of Energy and Mineral Resources (ESDM), in 2023, the average electricity consumption per person in Indonesia reached 1,285 kWh/capita. This figure increased from 1,173 kWh/capita in 2022.

IIF’s efforts to support the development of renewable energy in Indonesia are crucial. By supporting the development of PLTMH, IIF is contributing to a sustainable and environmentally friendly energy transitionPT 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 and PT Surveyor Indonesia Partner to Strengthen ESG Advisory Services

Jakarta, 7 January 2025 – PT Indonesia Infrastructure Finance (IIF) has entered into a collaboration with PT Surveyor Indonesia (SI) for Environment, Social, and Governance (ESG) Advisory services and Sustainable Financing. The cooperation agreement was signed by Irman Boyle, IIF’s Head of Advisory Group, and Winda Ary Susanti, VP of DBS Sustainability and Environment of SI.

Interim Chief Executive Officer/Chief Financial Officer of IIF, Rizki Pribadi Hasan, stated, “This cooperation aims to enhance the collaboration between IIF and SI in the provision of ESG Advisory services and sustainable financing for selected projects. SI will contribute technical services such as survey, assurance, certification, and compliance services, while IIF will contribute financial and commercial advisory services, including project preparation, financing strategy development, and financial assessment.”

Finance and Risk Management Director PT Surveyor Indonesia, Wahyu Witjaksono stated, “This partnership signing represents our collaborative commitment to support and drive infrastructure development that fulfills enhanced environmental, social, and governance requirements.”

As part of its ESG advisory services, IIF is capable of helping clients assess, plan and implement Sustainable Financing aspects. This includes Long Term Sustainable Project/Business Plan, Sustainable Funding Plan, Funding Information Memo and Sustainable Economic/Financial Assessment.

The collaboration with Surveyor Indonesia is expected to add value by providing comprehensive solutions for sustainable infrastructure projects to our clients.

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 Provides USD38.55 Million Financing to Polytama to Strengthen Domestic Petrochemical Supply Chain

Jakarta, 30 December 2024 – PT Indonesia Infrastructure Finance (IIF) has partnered with PT Polytama Propindo (Polytama) by providing a financing facility of USD 38.55 million.

This financing will be used to support development of jetty with pipelines and a spherical tank with a storage capacity of 1x 3,000 tons, along with supporting facilities.

IIF’s Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan, stated, “The synergy between IIF and Polytama aligns with Government Regulation No. 66/2019 to strengthen and integrate the domestic petrochemical industry. Furthermore, this project will strengthen Polytama’s supply chain and lead to a more integrated system, thus solidifying Polytama’s position in the petrochemical industry”.

“We deeply appreciate the trust and support given to Polytama in carrying out this Polypropylene Plant Balongan (PPB) project. Hopefully, the synergy between Polytama and IIF will become even more solid in the future to achieve our common goals” said Joko Pranoto, President Director of Polytama.

This business development plan is also in line with the directive of the President of the Republic of Indonesia to optimize the domestic petrochemical industry as an effort to reduce imports of polypropylene (PP) needs within the country, which until 2023 was still dominated by imports of PP demand in the Indonesian market.

This collaboration serves as a concrete example of a strong synergy in supporting the government’s program to realize a self-reliant energy sector, thereby enhancing the competitiveness of the national industry.
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 Secures Rp2 Trillion Funding to Accelerate Sustainable Infrastructure

Jakarta, 23 December 2024 – To speed up sustainable infrastructure projects in Indonesia, PT Indonesia Infrastructure Finance (IIF) has received a total Rp2 trillion loan from PT Bank Mandiri (Persero) Tbk. The loan includes a term loan and a Non-Cash Loan.

Rizki Pribadi Hasan, Interim Chief Executive Officer/Chief Financial Officer of IIF, expressed gratitude and appreciation for Bank Mandiri’s trust in utilizing IIF’s products and services. “This collaboration is concrete proof that we continue to be productive and trusted in carrying out our mandate as a catalyst for sustainable infrastructure development“, said Rizki.

As of 2024, IIF has successfully achieved investment commitment of over Rp2.3 trillion, allocated to sustainable infrastructure projects such as toll roads, telecommunications infrastructure, water supply centers (SPAM), and various other infrastructure sectors. Notably, several of these projects are part of the National Strategic Projects (PSN).

As of November 2024, IIF also manages 13 renewable energy projects with a total investment asset value of Rp 2.9 trillion.

In terms of financial performance, IIF has successfully recorded a 61% growth in net profit in the third quarter of 2024, reaching Rp96.8 billion compared to Rp60.3 billion in the same period the previous year.

As a result of these achievements in 2024, IIF has garnered numerous national and international awards, including the Corporate Treasurer Awards 2024 for Best ESG Service Provider & Best ESG Initiative, as well as the Asian Banking & Finance (ABF) Awards 2024 for Innovative Deal of the Year – Indonesia & Sustainability Bond of the Year – Indonesia.

Previously, IIF also received a “Gold Rank” in the Asia Sustainability Report Rating (ASRRAT) 2024 and the ESG Award 2024 for Best Investor/Creditor.

Moving forward, IIF aims to continue providing innovative and sustainable financing solutions to support infrastructure growth in 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]


Accelerating the Patimban Access Toll Road Construction Project Package 2, IIF Provides Rp250 Billion in Financing

Jakarta, 20 December 2024 – PT Indonesia Infrastructure Finance (IIF) has partnered with PT Brantas Abipraya (Persero) through the provision of a Rp250 billion working capital financing facility. This financing aims to support the development of approved infrastructure projects including the Patimban Access Toll Road Package 2 project in Subang, West Java.

IIF’s Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan, expressed his gratitude for PT Brantas Abipraya’s (Persero) trust in utilizing IIF’s financial products and services. “We are proud to be able to collaborate and support the construction of the Patimban access toll road, considering the many economic benefits it can provide”, he said.

Spanning a total of 37.05 km, the construction of this toll road is divided into several packages of work. As part of Waskita – Abipraya JO, PT Brantas Abipraya (Persero) is entrusted with the completion of 6.2 km, which is part of Package 2 of the Patimban Access Toll Road.

As a National Strategic Project (PSN), this toll road is expected to improve connectivity to Patimban Port as one of the largest sea ports in Indonesia.

Over the past five years, IIF has been a strategic partner in the development of 10 toll road infrastructure projects in Indonesia, with a total commitment exceeding Rp4.1 trillion.

As a catalyst for sustainable infrastructure development, IIF believes that collaboration is the key to success in realizing quality infrastructure. The cooperation with PT Brantas Abipraya (Persero) is a concrete example of a strong synergy in supporting national development.

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 Forges Strategic Collaboration, Supports SPAM Projects in Sumatra

Jakarta, 18 December 2024 – To foster the government’s program in providing clean water to Sumatra region, PT Indonesia Infrastructure Finance (IIF) has formed a strategic collaboration by disbursing a total of Rp327.3 billion in financing, comprising of Rp77.3 billion to PT Adika Bakti Parama (ABP) on 16 December 2024 and Rp250 billion to PT Pembangunan Perumahan Tirta Riau (PPTR) on 18 December 2024.

IIF Interim Chief Executive Officer/Chief Financial Officer, Rizki Pribadi Hasan, expressed appreciation for the trust placed in IIF by PT Adika Bakti Parama and PPTR, stating, “We hope that the financing will accelerate the completion of the project and bring tangible benefits to the community and industry in the Sumatra region”.

Specifically, the financing facility provided to ABP aims to support the development of the Medang Kampai Water Treatment Plant project in Dumai City, Riau, with a capacity of 125 liters per second. Furthermore, the financing facility provided to PPTR is used for the construction of the Pekanbaru-Kampar Regional Water Supply System (SPAM) Phase 1 project with a production capacity of 500 liters per second.

Rizki added that for the last 5 years up to date, IIF has contributed to the development of 12 clean water supply projects in Indonesia with a total commitment of more than Rp2.5 trillion.

As of 2023, IIF has played role in supplying a clean water capacity of 21,900 liters per second, with a total of 1.34 million households as users in Indonesia.

To support future business expansion, in addition to raising capital through the issuance of perpetual securities worth Rp 335 billion in early January 2024, IIF recently received an additional capital injection of Rp 545 billion from one of its shareholders, PT Sarana Multi Infrastruktur (Persero) or PT SMI. As a result, IIF’s total equity in 2024 is expected to reach Rp 3.3 trillion.

With its contributions to the development of sustainable infrastructure, IIF has received recognition from various national and international parties. Recently, IIF was awarded the CorporateTreasurer Awards 2024 in the categories of Best ESG Service Provider & Best ESG Initiative and the Asian Banking & Finance (ABF) Awards 2024 in the categories of Innovative Deal of the Year – Indonesia & Sustainability Bond of the Year – Indonesia.

Previously, IIF had been honored with the “Gold Rank” in the Asia Sustainability Report Rating (ASRRAT) 2024, as well as the ESG Award 2024 for the category of Best Investor/Creditor.

PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance (“ is a private non bank financial institution, whichis 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 (Asian Development Bank (ADB), (the International Finance Corporation (which is part of the World Bank, Deutsche Investitions und Entwicklungsgesellschaft (which is fully owned by KfW, and Sumitomo.)

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 SecretaryDivision
PT Indonesia Infrastructure Finance
Telp:( 021) 2991 5060;
Fax: (021) 2991 5061;
Email: [email protected]