Jakarta, January 2021 – On 29 December 2020, PT Indonesia Infrastructure Finance (“IIF”) has signed a senior term loan agreement of Rp95.000.000.000,- (ninety five billion rupiah) with PT Potum Mundi Infranusantara (“Potum”), a subsidiary of PT Nusantara Infrastructure, Tbk. that operates in the water sector. This financing is part of IIF’s commitment as one of PTNI’s shareholder to support PTNI’s business especially in water sector.
The purpose of the facility is to finance drinking water supply system asset operated by Potum.
The signing ceremony for security documents regarding the loan agreement was conducted in IIF’s office on 5 January 2021 with the presence of; Bapak Reynaldi Hermansjah, Presiden Direktur IIF, Bapak Bayu Wirawan, Direktur Investasi IIF, Bapak M. Ramdani Basri, President Director of PT Nusantara Infrastructure Tbk., Bapak Danni Hasan, President Director of PT Potum Mundi Infranusantara, Bapak Donny Pradono Suleiman position of PT Sarana Catur Tirta Kelola, Ibu Dhejani Surjadi, Senior Vice President PT Bank Central Asia Tbk. and Ibu Sutiawati, Vice President PT Bank Central Asia Tbk.
Potum currently operates three Water Treatement Plant (WTP) with total capacity of 2.025 liter/second through its subsidiaries namely PT Sarana Catur Tirta Kelola (SCTK) located in Serang, Banten; PT Dain Celicani Cemerlang (DCC) in Medan, North Sumatera; and PT Tirta Kencana Cahaya Mandiri (TKCM) in Cikokol, Tangerang, Banten. The bulk water produced will be distributed through regional water companies to fulfill water demand for industrial and residential customers. Potum is also targeting to strengthen its business by developing new assets several areas in Indonesia, among others, development of Semarang Industrial Estate by 100 liter/second and Housing and Industrial are in Bekasi Regency by 200 liter/second.
“Water is inevitably a vital factor in sustaining people’s everyday life. This is in line with IIF’s role as a catalyst for accelerating sustainable infrastructure development in Indonesia” as explained by Bapak Reynaldi Hermansjah, President Director of IIF.
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, based on the Company’s Deed of Establishment. Business License is issued through a Decree of the Minister of Finance (KMK) Np 439 / KM.10 / 2010.
In its operations, IIF applies best practices based on international standards in providing credit, risk management and all aspects of corporate governance, and in applying international 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
[email protected]