Makassar, 2 December 2025 – The transformation towards blue economy has become one of Indonesia’s strategic agendas in addressing global challenges. With the world’s second-longest coastline and extraordinary marine biodiversity, Indonesia holds a pivotal position in leading sustainable maritime development.

Aligned with this vision, PT Indonesia Infrastructure Finance (IIF) supports the government’s agenda in advancing blue economy transformation. As a catalyst for sustainable infrastructure development in Indonesia, IIF continues to play an active role in driving infrastructure projects with social and environmental impact that also generate economic benefits for surrounding communities.

Speaking as one of the panellists at the Workshop on Blue Economy Integration and Blue Finance Consolidation for the 2025–2029 Provincial Mid-Term Development Plan (RPJMD) held by The Ministry of National Development Planning/Bappenas on Tuesday, 2 December 2025, Irman Boyle, Head of Advisory at IIF, explained that IIF has a number of portfolios in blue economy projects, including its direct involvement in the development of Anggrek Port in Gorontalo through a Public–Private Partnership (PPP) scheme.

Through its financing and technical assistance, IIF contributes to driving the development of sustainable maritime infrastructure, strengthening marine logistics connectivity, and supporting economic growth in coastal communities without compromising environmental protection. These initiatives reflect IIF’s commitment to expanding its contributions to the blue economy while ensuring the application of ESG principles in the national maritime sector.

In this project, IIF serves as one of the lenders. Its success serves as concrete proof of PPP implementation within the blue economy sector, one that can be replicated by other regions. Irman also shared that IIF has engaged in advisory services for blue economy–related projects, such as the development of a ferry terminal in Batam, which connects the city to Singapore.

This initiative leverages and optimizes marine resources by enhancing maritime connectivity, generating economic benefits for coastal communities, and supporting the sustainable growth of the marine sector.

“Regional governments have the opportunity to develop blue economy infrastructure through the PPP scheme, which allows private investors to participate. This can ultimately help address local budget constraints and accelerate development,” Irman added.

At the event, Yahya Rachmana Hidayat as Executive Director of the Indonesia Climate Change Trust Fund (ICCTF), encouraged local governments to explore alternative, innovative, and sustainable financing opportunities for infrastructure development, including through IIF.

Collaboration between government and the private sector remains essential to ensuring that Indonesia’s maritime potential is maximized while preserving marine ecosystems for future generations.

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:

Suli Indah Lestari
Interim 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

Bali, 28 November 2025 – PT Indonesia Infrastructure Finance (IIF) received the Gold Rank for the fifth consecutive time in the Asia Sustainability Report Rating (ASRRAT) organized by the National Center for Corporate Reporting (NCCR). The award was received by President Director & CEO IIF, Rizki Pribadi Hasan.

IIF earned this recognition through its 2024 Sustainability Report and SDG Compass, showcasing the company’s strategic commitment, governance excellence, and sustainable business practices. Rizki expressed his appreciation to stakeholders, stating, “This award testifies to our commitment to integrating sustainability into our business processes, delivering economic, social, and environmental benefits.”

IIF has embedded sustainability principles across its operations, including priority impact definition and social-environmental impact assessments. To date, IIF has achieved significant milestones:

• Provided access to safe drinking water for 1.39 million households and clean energy for 693,900 households (699.9 MW capacity)
• Supported 1,051 hospital beds, enabling 351,000 patient treatments per year
• Developed 427 km of toll roads, 13.32 km of railway tracks, 7 airports, and 2 strategic seaports, enhancing national infrastructure networks.

Through its partnership with Carbon Trust, IIF adopted a GHG Protocol-based emissions calculation methodology, aligning financed projects with Indonesia’s energy transition agenda and global emission reduction targets.

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:

Suli Indah Lestari
Interim 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

Jakarta, 17 November 2025 – PT Indonesia Infrastructure Finance (IIF) supported and participated in the Orange Forum 2025, organized by Impact Investment Exchange in collaboration with the Indonesia Stock Exchange (IDX). The forum brought together 300 institutional investors, policymakers, and civil society leaders to chart a pathway for scaling Orange Capital solutions globally.

Under the theme “Financing the Real Economy Through Inclusive Climate-Smart Infrastructure,” IIF’s Chief Financial Officer, Eri Wibowo, emphasized the company’s strong track record in issuing sustainable bonds as part of its mandate to catalyze sustainable infrastructure development in Indonesia.

“One of IIF’s major milestones was the issuance of the 2023 Green Perpetual Notes, amounting to IDR 335.19 billion, which was subsequently listed on the Indonesia Stock Exchange in early January 2024. This instrument is part of IIF’s strategy to strengthen its capital structure while channeling funding toward environmentally responsible projects aligned with the principles of Kegiatan Usaha Berwawasan Lingkungan (KUBL)”, said Eri

In January 2021, IIF issued a sustainability bond aimed at financing and refinancing projects related to Renewable Energy, Energy Efficiency, Pollution Prevention and Control, Clean Transportation, Sustainable Water and Wastewater Management, Climate Change Adaptation, Green Buildings, Affordable Basic Infrastructure, Access to Essential Services, Affordable Housing, and Food Security and Sustainable Food Systems.

Most recently, in November 2025, IIF successfully completed its 2023 Shelf Registration Public Offering (PUB) through the issuance of IDR 1.5 trillion in sustainable bonds. The issuance was well received by the market, achieving an oversubscription of more than six times.

Eri also highlighted several challenges that continue to hinder the growth of the sustainable finance market in Indonesia, including the limited availability of green infrastructure projects and the absence of specific incentives that can be directly felt by thematic bond issuers in Indonesia.

IIF’s active participation in international platforms such as the Orange Bond Forum 2025 further strengthens its position as a key player in the sustainable finance ecosystem.

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:

Suli Indah Lestari
Interim 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

Jakarta, 10 November 2025 – Demonstrating its strong commitment to advancing sustainable infrastructure financing in Indonesia, PT Indonesia Infrastructure Finance (IIF) has participated in the purchase of the Syariah Asset-Backed Securities Collective Investment Contract (KIK EBA Syariah) BRI-MI Jakarta Lingkar Baratsatu worth IDR 400 billion. This KIK EBA Syariah marks the first of its kind in Indonesia.

This investment product issued by PT BRI Manajemen Investasi (BRI-MI) and is backed by PT Jakarta Lingkar Baratsatu’s Toll Revenue Rights derived from the Jakarta Outer Ring Road (JORR) W1 section connecting Penjaringan and Kebon Jeruk. Through this Sharia-compliant financial instrument, the funds raised will support the sustainability of operations and optimization of the toll road’s performance, which plays a crucial role in maintaining connectivity across the Greater Jakarta area.

Chief Investment Officer IIF, M. Ramadhan Harahap (Idhan) stated, “IIF’s participation in this investment reflects its ongoing commitment to sustainable infrastructure financing. Through Sharia-compliant capital market instruments, IIF continues to play an active role in expanding alternative financing mechanisms for national strategic projects while fostering collaboration between the financial and real sectors to drive inclusive and sustainable economic growth”.

The Jakarta Outer Ring Road (JORR) is a key component of Indonesia’s national road network, linking major toll road corridors throughout the Greater Jakarta (Jabodetabek) region. In particular, the JORR W1 section serves as a vital connector between the Inner City Toll Road, Soekarno-Hatta Airport Toll Road, Tangerang–Merak Toll Road, and Jagorawi Toll Road, facilitating smooth logistics flow and daily commuter mobility.

The existence of the JORR W1 toll road has significantly contributed to reducing traffic congestion in central Jakarta, improving interregional logistics efficiency, and enhancing economic integration between Jakarta, Tangerang, and Bekasi. With its high traffic volume, the toll revenue generated from this section provides a stable cash flow that underpins the financial viability of asset-backed securities such as the KIK EBA Syariah.

By participating in this KIK EBA Syariah, IIF reinforces its commitment to developing infrastructure that is inclusive, sustainable, and delivers a direct impact on improving connectivity and driving Indonesia’s 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:

Suli Indah Lestari
Interim 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

Jakarta, 29 September 2025 – PT Indonesia Infrastructure Finance (IIF) participated in the Indonesia Climate Finance Dialogue 2025, organized by the Ministry of Finance of the Republic of Indonesia on 29 September 2025.

The event aims to accelerate and scale up private sector investment in climate solutions by creating an enabling ecosystem, addressing key barriers, showcasing investment opportunities, and fostering collaboration among stakeholders within Indonesia’s climate finance landscape.

In a session titled, Opportunities for Private Sector Involvement in Scaling Climate Solutions, Irman Boyle, Head of Advisory Group at IIF, emphasized the importance of IIF’s role in strengthening environmentally friendly infrastructure. He noted that climate finance serves as an instrument to mitigate climate risks through well-directed investments.

“The majority of climate finance impacts come from energy-based projects. Therefore, IIF sees energy transition as the key to achieve low-carbon development in Indonesia,” he stated.

IIF’s participation in this forum reaffirms the Company’s commitment in supporting the Indonesian government’s target of achieving Net Zero Emissions by 2060 or earlier. The company continues to promote investment in renewable energy, energy efficiency, and climate-resilient infrastructure.

Furthermore, IIF underlined the importance of collaboration with multiple parties, ranging from government institutions, financial organizations, global investors, to domestic private sector players. This approach aligns with Indonesia’s climate finance needs, which are estimated to reach IDR3,461 trillion by 2030, where private sector involvement plays a decisive role.

Through its active role in the Indonesia Climate Finance Dialogue 2025, IIF aims to strengthen its position as a strategic partner in supporting green infrastructure financing; while also opening new investment opportunities centered on sustainability.

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

Jakarta, 22 August 2025 – Since Indonesia’s proclamation of independence in 1945 until now, infrastructure has stood as the backbone of Indonesia’s economic growth, equitable development, and national integration.

The past eight decades have reflected a remarkable transformation. From the early years of independence, infrastructure development focused mainly on roads, bridges, dams, and irrigation to secure food resilience. The New Order era marked an acceleration of national road networks, power plants, and the first toll road—Jagorawi, officially inaugurated in 1978.

The Reformation Era then opened a new chapter, with greater private sector involvement through Public–Private Partnerships (PPP), in response to rising investment needs. Over the past decade, infrastructure has become a priority of the national agenda.

Over the past decade, the Government has successfully delivered 2,103 km of toll roads, 40 dams, 27 new airports, as well as other major projects such as railway lines and the development of Ibu Kota Nusantara (IKN). In addition, inter-regional connectivity has been strengthened through the construction of the Trans-Papua, Trans-Kalimantan, and Trans-Sumatra routes, designed to connect regions that had long remained isolated.

Infrastructure has brought tangible benefits to both the economy and public welfare. The construction sector is the fourth-largest contributor to Indonesia’s economy, accounting for 10.43 percent of national GDP in the fourth quarter of 2024.

In terms of energy access, the national electrification ratio reached 99.83% by the end of 2024, ensuring nearly all Indonesian households have electricity.

Furthermore, data from Statistics Indonesia (BPS) and Bappenas (2024) recorded that Indonesia has already achieved 62.5% of the Sustainable Development Goals (SDGs) indicators, far above the global achievement of only 17%.

Eight decades of infrastructure development in Indonesia reflect remarkable achievements, while also underscoring the vast financing needs that cannot be met by the government alone. This is where the role of the private sector and infrastructure financing institutions becomes crucial.

Since its establishment in 2010, PT Indonesia Infrastructure Finance (IIF) has become strategic partner to both government and private stakeholders in addressing Indonesia’s infrastructure financing challenges.

As of the end of 2024, IIF has contributed around IDR 42.5 trillion in financing for more than 150 strategic infrastructure projects across Indonesia. Its support spans transportation, energy, telecommunications, clean water, and other priority sectors. Notable achievements include:

• Energy: Power plant projects with a combined production capacity of 709.9 MW, reaching over 709,000 households or approximately 3.5 million people. These projects have also contributed to reducing greenhouse gas (GHG) emissions by 4.924 million tons of CO₂ equivalent annually, comparable to the emissions absorbed by 172,000 trees planted up to 2025.
• Transportation: Hundreds of kilometers of toll roads and strategic access routes.
• Clean Water: IIF-financed water supply projects have added 27,501 liters per second in clean water distribution capacity, serving approximately 1.39 million households or more than 6.78 million people across Indonesia.
• Healthcare: Development of healthcare facilities providing 1,051 inpatient beds and the capacity to serve more than 351,000 outpatients annually.

Chief Investment Officer of IIF, M. Ramadhan Harahap (Idhan), stated, “Indonesia’s 80th year of Independence is a moment to reflect on the nation’s long journey of development. Infrastructure has transformed Indonesia, from the limitations of the early independence era to the modern connectivity we see today. At IIF, we are proud to be part of this journey by financing projects that deliver real benefits across economic, social, and environmental dimensions.”

The 80th Anniversary of Indonesia’s Independence serves as a moment of reflection and a stepping stone toward Golden Indonesia 2045. With financing capacity firmly grounded in ESG principles, IIF will continue to play its role as a strategic partner for both the government and the private sector in building sustainable infrastructure across Indonesia.

Jakarta, 3 July 2025 – PT Indonesia Infrastructure Finance (IIF) has once again achieved international recognition by winning two prestigious awards at the Asian Banking & Finance (ABF) Corporate & Investment Banking Awards 2025. The company was awarded Debt Deal of the Year and Innovative Deal of the Year for its successful issuance of the Shelf Registered Bond II Phase II Year 2024 worth IDR 1 trillion, featuring a 10-year tenor.

This long-term bond issuance marks a significant breakthrough in the national financial sector. IIF stands as the only nonbank financial institution in Indonesia to issue a 10-year tenor bond in 2024. The initiative was recognized not only for its innovative funding structure but also for its tangible impact on cost efficiency and the financing of sustainable infrastructure projects.

A portion of the bond proceeds has been allocated to the development of affordable housing and the revitalization of Rawa Buntu Train Station in South Tangerang. The project includes the construction of three apartment towers comprising 1,816 residential units, along with public and commercial facilities, directly contributing to the reduction of Indonesia’s housing backlog.

M. Ramadhan Harahap (Idhan), Chief Investment Officer of IIF, stated, “This bond was designed to strengthen the company’s long-term financial sustainability and to support the financing of commercially viable and socially impactful infrastructure projects. During the bookbuilding process, the bond received an oversubscription of 2.2 times, demonstrating strong market interest and investor confidence in IIF.”

As an enabler in sustainable infrastructure development, the structure and use of the bond proceeds are in line with IIF’s sustainability principles. “Every project financed must comply with strict social and environmental frameworks, reaffirming IIF’s commitment to responsible and impactful infrastructure development,” added Idhan.

Through these recognitions, IIF continues to strengthen its position as a pioneer in infrastructure financing innovation. Moving forward, the company remains committed to delivering adaptive, competitive, and impactful financing solutions that bring #DampakNyata (Real Impact) to communities across Indonesia.

Jakarta, 2 July 2025 – At the Asset Triple A Sustainable Infrastructure Awards 2025, PT Indonesia Infrastructure Finance (IIF) has been awarded five international prestigious recognitions. These awards highlight IIF’s active contribution in financing sustainable infrastructure projects across Indonesia.

The awards received by IIF are as follows:
1. Transport Deal of the Year for a US$38.55 million financing facility provided to PT Polytama Propindo;
2. Telecom Deal of the Year for the acquisition of PT Ultra Mandiri Telekomunikasi by PT Dayamitra Telekomunikasi valued at IDR 650 billion;
3. Water Deal of the Year for a senior term loan of IDR 250 billion provided to PT Pembangunan Perumahan Tirta Riau;
4. LNG Deal of the Year for a senior term facility of IDR 700 billion extended to PT Sumber Aneka Gas; and
5. Project Finance House of the Year, recognizing IIF’s strong reputation and performance in infrastructure project financing in Indonesia.

Chief Investment Officer of IIF, M. Ramadhan Harahap (Idhan) expressed his gratitude and appreciation for the trust and support from all stakeholders and clients in utilizing IIF’s products and services. “As an enabler of sustainable infrastructure development, this recognition motivates us to keep evolving and contributing to national economic growth”.

The Asset Triple A Sustainable Infrastructure Awards is organized by The Asset, a leading financial publication and institution in Asia. The awards honour financial institutions that demonstrate excellence in financial structuring, sustainability, and the social impact of the projects they finance.

In addition to reflecting international confidence in IIF as a sustainable infrastructure financier, these recognitions reinforce IIF’s commitment to advancing infrastructure projects aligned with ESG (Environmental, Social, and Governance) principles and Indonesia’s long-term development vision.

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-undntwicklungsgesellschaft (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

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.