July 2021 – Following the first half of 2021, PT Indonesia Infrastructure Finance (“IIF”) acted as the Mandated Lead Arranger for a syndication Senior Term Loan Facility. The facility is for the Pekanbaru Tirta Siak Water Supply System, which is delivered under the Public-Private Partnership (“PPP”) scheme. The facility provided is at the amount of Rp.337,340,000,000.
In order to increase the availability of water in the Pekanbaru City area, Government of Pekanbaru City intends to increase the coverage of piped drinking water services through a PPP scheme. Through this project, it is expected could rehabilitate the existing water treatment plant and construct the new water treatment plant (“WTP”) that are located in Tampan area, which will increase the current WTP capacity of 340 Lps to 750 Lps during 6 years’ construction period.
The raw water source for the Project is the Siak River located in Pekanbaru City. The project is estimated to serve ± 61,000 House Connection covering 7 districts and 31 urban villages. The districts include Pekanbaru City District, Lima Puluh District, Sukajadi District, Sail District, Senapelan District, Payung Sekaki District, and some part of Bukit Raya.
“IIF is proud to be involved in this major project. Our sustainability principles is channeled through our financing sectors. As this is not our first PPP deal, we are looking forward for more beneficial deals which positively impacts the society” as explained by Mr. Idhan Harahap, CIO & Managing Director of IIF.
PT Indonesia Infrastructure Finance
PT Indonesia Infrastructure Finance 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
Nastantio W. Hadi
Head of Legal and Corporate Secretary
PT Indonesia Infrastructure Finance
Telp. (021) 2991 5060; Fax. (021) 2991 5061
[email protected]