JICA Disbursed Rp.1 Trillion in Funds to Indonesia Infrastructure Finance

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JAKARTA, KOMPAS – Indonesia Infrastructure Finance has signed a loan agreement amounting to 8 billion yen or around Rp 1 trillion with Japan International Cooperation Agency (JICA).

“This facility is another proof of how the international market has given us trust, also shows our commitment to develop infrastructure projects that are in line with social and environmental standards, especially those related to renewable energy,” said President Director of Indonesia Infrastructure Finance Arisudono Soerono through his official statement. in Jakarta, Monday (11/12).

He added, the funding support is expected to help increase business and investment to accelerate economic growth through private sector participation.

In addition, the loan is also expected to support Japanese companies and other international actors to participate in infrastructure projects in Indonesia.

For information, the National Development Planning Board of the Republic of Indonesia (BAPPENAS) estimates that Indonesia will need funds of Rp.5,519 trillion in the five-year period from 2015 to 2019.

The assumption is that 30 percent of this amount comes from mobilization from private funds. Thus the participation of private investment is needed in the infrastructure sector.

Previously, JICA signed a memorandum of understanding with the Indonesian government regarding loan funds for the construction of Patimban Port in West Java and the campus at Gadjah Mada University (UGM). The total loans for the two projects amounted to 127,215 billion yen, equivalent to Rp. 15.2 trillion.

Source: Kompas.com

Celebrate Sumpah Pemuda, 8 Mapala UI Divers Explore Tomini Bay

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JAKARTA, KOMPAS – Eight divers from the University of Indonesia Nature Lovers Student Organization (Mapala UI) will explore diving spots in the waters of Tomini Bay, Parigi Moutong Regency, Central Sulawesi on October 21 – November 4, 2017.

The underwater exploration activity entitled “Explore to Conserve” aims to map the tourism potential that can be offered by Parigi Regency.

Mapala UI Marine Exploration Chief Executive: Parigi Moutong Archipelago, Aulia Farazenia said that the diving activities will be carried out at points scattered in the area of ​​Burah Wood, Maktata Wall, and Tanjung Inova.

Aulia said that this diving activity will produce reef check data which is expected to support the development of the Parigi Moutong location as a location for sustainable marine tourism and be able to compete with other diving destinations in the world.

“Parigi Moutong waters are indeed one of the untouched dive destinations, even though the potential is no less amazing than other diving destinations such as Wakatobi and Bunaken,” said Aulia in a press statement received by KompasTravel.

He said the team would also raise the Red and White flag, map coral reef spots, check the quality of coral reefs, and document potential underwater. This underwater exploration activity was also held to celebrate Youth Oath Day.

“This bay is also recorded as one of the points in the world coral triangle (Coral Triangle), often dubbed the Heart of Coral Triangle because there are a variety of giant corals measuring up to two meters in diameter. These corals form a coral garden which is touted as ‘a sinking paradise,’ he added.

Mapala UI dispatches eight divers who have been given special training for six months by a diving instructor from the Professional Association of Diving Instructors (PADI) Wedar Adji. The diving team will also carry out research on coral reefs using the reef check method developed by Reefcheck.org.

Aulia added that the coral reef area of ​​1,031 hectares stored in Tomini Bay has begun to be glimpsed by world divers.

To anticipate the development of inappropriate tourism, through this exploration Mapala UI will provide a report of recommendations to the local government.

“Hopefully with this exploration, it can further increase the tourism potential in Parigi (Moutong) so that it affects the economy of the people,” said Deputy Regent of Parigi Moutong, Badrun Nggai when met at the Sapta Pesona Building, Ministry of Tourism some time ago.

In safeguarding the potential of nature and biodiversity, Mapala UI invited PT Indonesia Infrastructure Finance (IIF) as one of the supporting partners to realize together ‘Sustainable Natural Resource Management’ in Parigi Moutong.

While to encourage sustainable tourism, AQUA Lestari (PT Tirta Investama) will support by educating the community about the preservation of coral reefs and not throwing garbage in the sea.

Education will be conducted at SDN 1 Parigi Moutong and SDN 3 Parigi Moutong with picture and motion media. Students will be invited to get to know more closely from the form, function, to its benefits to the marine ecocysts so that children can understand the importance of coral reefs for their preservation.

Source: Kompas.com

New Energy for PLN

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HOUSTON, United States – After being delayed in recent years, the State Electricity Company (Persero) will eventually sign a sale and purchase of electricity from 62 units of micro hydoro power plants, biomass and biogas with a total capacity of 363.37 megawatts (MW).

The signing of the electricity purchase contract with a capacity of less than 10 megawatts (MW) is just waiting for approval from the Minister of Energy and Mineral Resources (ESDM) Ignasiun Jonan.

A total of 58 units of micro hydro power plants (PLTMH) will be built in Sumatra and four units in Java.

2 Projects Will Follow Umbulan

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JAKARTA – The government will accelerate the construction of the Drinking Water Supply System in West Semarang and Bandar Lampung following the construction of the Umbulan SPAM last week.

Chairperson of the Implementation Team of the Committee for the Acceleration of Priority Infrastructure Provision (KPPIP) Wahyu Utomo said, the success of the construction of the Umbulan SPAM project in Pasuruan, East Java, made the government more confident in implementing other SPAM projects with a scheme of government cooperation with business entities.

“This Umbulan is used as an example of developing drinking water management in other regions with PPP. The Bandar Lampung and West Semarang SPAM projects will be easier with this scheme. This does not reveal the potential for attraction between regional government interests,” he said through a press release on Sunday (23 / 7).

Indonesia Infrastructure Finance cooperate with Asbanda to strengthen Infrastructure Financing in the Region

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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.

Indonesia Infrastructure Finance is appointed as Mandated Lead Arranger for Palapa Ring Project funding

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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.