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]