Jakarta, July 25 2022. PT Indonesia Infrastructure Finance (IIF) signed a syndicated loan facility agreement with PT Bank Negara Indonesia Persero (BNI) for the development of Anggrek Port – Gorontalo of Rp500 billion under the Public Private Partnership (PPP) scheme on July 25, 2022 at the Ministry of Transportation Office (Kemenhub), Jakarta. Overall, the development of this port requires funds of around Rp. 1.4 trillion.
The signing was witnessed by the Minister of Transportation Budi Karya Sumadi, Deputy Chairman of the Indonesian House of Representatives Rachmat Gobel, and the Director General of Sea Transportation Hendro Sugiatno. In this agreement, IIF and BNI will provide the same contribution of Rp250 billion.
The Minister of Transportation, Budi Karya Sumadi said “Receiving this financing proves that in a high idealistic spirit, investors are still able to gain trust from banks. And this is very meaningful in reducing the state’s financial burden in financing infrastructure development, especially port infrastructure in the Eastern region,”
President Director of IIF, Reynaldi Hermansjah said “We hope that the Anggrek-Gorontalo Port project, which is the first brownfield PPP port project in Indonesia, can support industrial, trade, distribution and production activities to its society and increase economic growth in Gorontalo Province”.
Managing Director and Chief Investment Officer of IIF, Idhan Harahap added “Our commitment is to support the development of infrastructure in Indonesia, and we expect this project will be running effective and efficient, so that the Anggrek-Gorontalo Port project can improve Gorontalo logistics connectivity, improve Indonesia’s competitiveness and have a positive impact for the economy of Gorontalo and its surroundings”.
The Anggrek Port Infrastructure Development located in North Gorontalo Regency, Gorontalo Province is the first brownfield PPP port project in Indonesia. The Anggrek Port – Gorontalo has been operating since 2000 under the Unit Penyelenggara Kelas II Pelabuhan Anggrek Direktorat Jenderal Perhubungan Laut Kementerian Perhubungan office. Since September 28, 2021, the management of the Anggrek port has been officially handed over to PT Anggrek Gorontalo International Terminal (AGIT), as the Implementing Business Entity as a follow-up to the auction results of the Government and Business Entity Cooperation (PPP) project for the Anggrek Port Gorontalo Province.
Deputy Chairperson of the Indonesian House of Representatives for Industry and Development, Rachmat Gobel said, “Alhamdulillah, we are grateful that this has now been realized. On behalf of the people of Gorontalo, I thank the central government and the financiers. The development of the Orchid Port has long been a dream of the people, because the existing capacity has not been supportive, so that the flow of goods to Gorontalo is not smooth, which in turn makes inflation relatively high and burdens the economy, and reduces Gorontalo’s competitiveness,” said Rachmat.
“This project will strengthen the economic development ecosystem for the people of Gorontalo. It’s just a matter of how, all stakeholders starting from local governments, business actors, communities, academics work together to continue to develop Gorontalo’s economic ecosystem so that it can become a profitable investment destination,” said Rachmat.
Meanwhile, AGIT President Director Hiramsyah Sambudhy Thaib on the sidelines of the event said, “Our challenge is not limited to managing the port, but how to make the development of this port a locomotive, to strengthen Gorontalo’s economic ecosystem into an attractive investment destination. Being part of the ecosystem and the synergy of Gorontalo’s development is one of AGIT’s visions and missions”.
About PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance (IIF – website: https://iif.co.id) is a private non-bank financial institution, which is engaged in financing and infrastructure consulting services that are professionally managed and focus on infrastructure projects that are economically feasible. commercial. IIF is a pioneer and catalyst in sustainable infrastructure financing in Indonesia, applying social and environmental principles to assist clients in identifying social and environmental risks and mitigating related impacts.
Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061