October 2021 – Mandated with an array of sectors, PT Indonesia Infrastructure Finance (“IIF”) started to tap into social infrastructure. On 11th of October 2021, IIF has signed senior term loan agreement with UniMedika Hospitals Group (“UniMedika”) to fund business expansion. This deal marks a milestone for IIF as it listed the first healthcare project under its portfolio.

From the proceeds, UniMedika will construct a new wing of the hospital building in Tangerang. It will increase the capacity of hospital beds from 39 to 123, inclusive for its additional purchase of medical equipment and supporting facilities. Namely, polyclinics, pharmaceutical installations, laboratories upgrade, radiology and rehabilitation. Through this expansion, it is expected to serve more demand since the beginning of the hospital’s operation in 2018.

Another portion of the proceeds will be allocated to rehabilitate the construction of a type C hospital located in Bekasi. The capacity available in the hospital is 155 beds with additional medical equipment to further support the facility.

“We are proud of this latest deal. We continuously lift our presence and continue our operation towards a greater excellence. Healthcare is a promising industry, and to engage in this sector we will not only benefit commercially, but we will be able to provide social needs to the people” as explained by Mr. Reynaldi Hermansjah, CEO 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 Group, 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
[email protected]