February 2021 – PT Indonesia Infrastructure Finance (“IIF”) has signed a non-cash loan facility agreement of Rp 400,000,000,000,- (four hundred billion rupiah) with
PT Bank Negara Indonesia (“BNI”). The agreement was signed by Mr Reynaldi Hermansjah as President Director of IIF and Mr I Made Sukajaya as General Manager of Corporate and Multinational 1 Division.

Commonly, infrastructure project requires to import goods/material as well as to provide Bank Guarantee as one of the requirements in delivering the project. However, it is quite a challenge for greenfield projects in getting a bilateral trade facility with Banks. Doubtlessly, these challenges often hinder the infrastructure development acceleration in Indonesia. Thus, alliance arrangement between IIF and BNI aims to address project companies’ need of trade finance product.

With IIF’s role as catalyst for sustainable infrastructure financing in Indonesia, through this arrangement IIF provides solution in catering its clients’ need and in improving engagement of Banks to support Indonesia’s infrastructure development. Currently, BNI is the first bank partner for IIF to arrange trade finance product.

“This product innovation was initiated to facilitate the obstacles faced between infrastructure projects and Banks in providing trade facility in Indonesia.” as mentioned by Mr. Reynaldi Hermansjah, CEO & 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 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]