Jakarta, 14 June 2023 – Distribution and access to clean water for the people in Dumai City, Riau Island Province, is a Government’s concern. Through the Ministry of Public Works and Housing (“PUPR”), the Government has appointed PT Dumai Tirta Persada (“DTP”) to carry out the construction, operation and maintenance of the Dumai drinking water supply system (SPAM) with a maximum capacity of 450 liters per second.

DTP established in 2020, a clear water management institution founded on the initiation and ownership of PT Adhi Karya Tbk (Persero) with 51% shares and PT Adaro Energy Tbk through Adaro Tirta Mandiri with 49% shares. Currently, DTP has contributed to the distribution of clean water to the people of Dumai City with a distribution capacity of 50 liters per second for 4,000 household along with industrial connections in the Riau Island Province. In alignment with their plan to increase the clean water supply and distribution, reaching a maximum capacity of 450 liters per second, amounting to supply approximately 20.300 household and industrial connections. This momentum is virtuous opportunity for Indonesia Infrastructure Finance (“IIF”) and Sarana Multi Infrastruktur (Persero) (“SMI”) which focuses on supporting the accelerating clean water distribution in Dumai City while contributing to sustainable infrastructure development.

On Wednesday, 14 June 2023 at IIF Office, a signing ceremony was held for a joint financing agreement between IIF and SMI as lenders of funding facilities with DTP as project manager of the clean water SPAM in Dumai City. The collaboration agreed was a syndication loan facility amounting to IDR 325 billion, each providing in the amount of IDR 162.5 billion from IIF and SMI.

Reynaldi Hermansjah as the President Director of IIF welcomed this collaboration, “I want to thank you for the trust that DTP has placed in us (IIF and SMI) in supporting the distribution of clean water to the society through financing support under a syndication scheme. As an institution that upholds ESG implementation in every infrastructure development process, IIF and SMI will always support project initiatives that have a real contribution to the society.”

On the other hand, DTP have waited for this moment to continue the expansion of clean water distribution, maximizing its current capacity. President Director of DTP, Yunan Kurnianto said, “Thank you for the support provided by IIF and SMI in the form of a long-term syndication loan to maximize our capacity in distributing clean water in Dumai City area.”

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]