Skip to content
ID EN
  • Home
  • About IIF
    • Overview
    • Shareholders
    • Vision and Mission
    • Our Strategy
    • Organization
      • Organization Structure
      • Board of Commissioners
      • Executive Committee
    • Human Capital
  • Business
    • Product and Services
      • The Key of Differentiators
      • Investment Business
      • Advisory Business
      • Sectors
      • Public-Private Partnership
    • Portfolio & Project
      • Portfolio’s Chart
      • Projects Map
    • Policy Brief
  • Social & Environmental
    • IIF’s S&E Principles
    • S&E Management System
    • Project Summary
  • Investor Relations
    • Financial Informations
      • Annual Reports
      • Sustainability Report
      • Financial Statements
    • Investor Update
    • Ratings
    • Financial Highlights
    • Capital Market Professionals
    • Bonds
    • Corporate Governance
      • IIF’s Whistleblowing System
      • Corporate Secretary & Audit
      • Risk Management
      • Committees
      • Other Documents
  • News
    • Announcement
    • News Updates
      • Event Gallery
      • Press Release
  • CSR
  • Career
  • Contact
">

News

  • News Updates
  • Publications
    • Event Gallery
    • Press Release

Press Release

Commemorating Drinking Water Supply System (SPAM) Umbulan

Posted on March 25, 2021March 25, 2021 by adminiif

March 2021 – Coinciding with World Water Day on Monday, 22 March 2021, the Umbulan Drinking Water Supply System (SPAM) Project, East Java, was commemorated by Mr. President Ir. Joko Widodo along with the presence of the Minister of Finance – Mrs. Sri Mulyani Indrawati, Minister of Public Work and Public Housing – Mr. Basuki Hadimuljono, Minister of Health – Mr. Budi Gunadi Sadikin, East Java Governor – Mrs. Khofifah Indar Parawansa and East Java Deputy Governor – Mr. Emil Dardak.

PT Indonesia Infrastructure Finance (IIF) leads the syndication financing agreement to SPAM Umbulan project to supply drinking water for 1.3 million people. As  mandated in being a catalyst and enabler in infrastructure development financing, this project exhibits IIF’s commitment in developing sustainable infrastructure development and in providing the basic needs of drinking water for the society.

The SPAM Umbulan project, costs Rp2.58 trillion for its investment, it is one of the National Strategic Projects (PSN) and the first water project under the Public-Private Partnership (PPP) scheme. It has a capacity of 3,920 lps and will be distributed to five of PDAM’s district and city in East Java.

As the first PPP water sector project in Indonesia, this proves that infrastructure projects under the PPP scheme draws attraction in demand and can be accepted by the private sector and can certainly alleviate the burden on the Government Budget.

Mr. Ramadhan Harahap, Managing Director and Chief Investment Officer of IIF, was the representative of the Company for the ceremony. “IIF is extremely proud to be part of this project development and grateful that this project finally came to operation. We consistently support sustainable development in Indonesia. Hopefully, this will be one of many projects that can benefit the likelihood of communities in Indonesia” as remarked by Mr. Ramadhan Harahap.

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, 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


Post navigation

Previous PostPrevious Ride for Equality: IIF’s Support for Women Empowerment
Next PostNext What’s New: Non-Cash Loan Facility to Boost Trade Finance
PT Indonesia Infrastructure Finance

Prosperity Tower 53rd – 55th Floor, District 8
Sudirman Central Business District, Lot 28
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia

Phone : (+62) 21 5082 6600 - Fax : (+62) 21 5082 6601

Email : info@iif.co.id

Follow us:
© Copyright 2019 Indonesia Infrastructure Finance. All rights reserved.
  • Imprint
  • Cookies
  • Contact
  • Terms of Use

IIF File Request Form

×
This field is required
Invalid Email ID
I hereby request access to Investor Update 1Q21 given by IIF. Thank you.

IFF File Request Form

×
Thank you for your request, we will get back to you shortly through your@mail.com