Press Release

Supporting Sustainable Infrastructure Projects, IIF Received “Apresiasi Mitra BUMN Champion Award 2024”

Posted on by adminiif
Supporting Sustainable Infrastructure Projects, IIF Received “Apresiasi Mitra BUMN Champion Award 2024”

Jakarta, 10 October 2024 – PT Indonesia Infrastructure Finance acquire appreciation at the “Apresiasi Mitra BUMN Champion 2024” event initiated by the Ministry of State-Owned Enterprises (“BUMN”) of the Republic of Indonesia on 10 October 2024. This appreciation recognizes IIF’s support for
PT Len Telekomunikasi Indonesia and was received by Head of Legal and Corporate Secretary Division of IIF, Nastantio W. Hadi in Jakarta (10/10).

This award recognizes the strategic collaboration in providing financing to
LEN Group for the Palapa Ring Central Package project amounting to IDR975 billion, a syndication project between PT IIF and
PT Sarana Multi Infrastruktur (Persero) (“SMI”) to building a better telecommunications system and access to information across Indonesia.

Additionally, IIF invested IDR340 billion in PT Surya Energi Indotama for the infrastructure development project of Base Transceiver Station (“BTS”) in the frontier, outermost, and least developed regions (“Tertinggal, Terdepan, dan Terluar” & “3T”) areas in West Papua and Central Papua.

Nastantio Hadi expressed his gratitude and appreciation for the recognition, “We are committed to continuing our collaboration with various strategic partners, particularly state-owned enterprises, to advance Indonesia’s infrastructure development in the telecommunications and information sector.”

Through this collaboration, IIF hopes to continue contributing to the acceleration of sustainable infrastructure development in Indonesia, especially in least developed regions. This will enhance opportunities for the community to access information, improve the quality of life, and drive regional economic growth.

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 15 January 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 Division

PT Indonesia Infrastructure Finance

Telp: (021) 2991 5060;

Fax: (021) 2991 5061;

E-mail: [email protected]

Social Media:

·       Instagram: @pt_iif

·       LinkedIn: IndonesiaInfrastructureFinance