Encouraging Sustainability in Regional Development, PT SMI Funds Infrastructure in South Kalimantan and Bengkulu

PT SMI’s efforts as one of the Special Mission Vehicles of Ministry of Finance (Ministry of Finance’s SMV) in encouraging regional infrastructure development continues. During its 10 years of existence, PT SMI has supported 25 Regional Governments in municipal financing and currently PT SMI is increasing its support by providing financing facilities to 2 new Local Governments, namely the Banjarbaru City Government, South Kalimantan and the Kepahiang Regency Government, Bengkulu.

In this collaboration, PT SMI supports Kepahiang Regency Government by financing the increase of 4 regency road sections and 2 bridges with a total funding of Rp59.9 billion which is targeted to be completed by 2020. In this project, PT SMI also contributes to project preparation (Detailed Engineering Design or DED Project) through the Regional Infrastructure Development Fund – Project Development Facility scheme (RIDF-PDF).

Meanwhile, PT SMI also supported the Banjarbaru City Government by financing the construction of a modern market with a financing value of Rp104.5 billion. The market which is targeted to be completed in 2020 will increase capacity from 569 to 819 traders.

PT SMI through the Municipal Financing Division has provided financing facilities of Rp4.4 trillion to the local governments, which are 78% in Central & Eastern Indonesia to boost infrastructure development in their regions. This is inseparable from the strong support of shareholders and all stakeholders as well as the smart efforts of SMIers (PT SMI employees) in realizing regional development that has encouraged the achievement of Sustainable Development Goals (SDGs) in Indonesia.

Ministry of Finance’s SMV Synergy Supports the Realization of Connectivity of 149,400 Public Service Points

The Ministry of Finance’s Special Mission Vehicles (Ministry of Finance’s SMV) namely PT SMI and PT PII work together to support the Ministry of Communication and Information and BAKTI to realize Multifunctional Satellite/the Republic of Indonesia’s Satellite project (“SATRIA”).

SATRIA is one of the National Strategic Projects implemented through the Public–Private Partnership scheme (PPP) with Availability Payment patterns for the 15-year concession period. The benefit of this scheme is that the Government can reduce the burden on the state budget and increase the interest of private investment.

PT SMI as Lead Transaction Advisor has successfully escorted the project starting from Final Business Case preparation, preparation of auction documentation, and transaction assistance to the determination of auction winners. This success is a real reflection of the quality of the business pillar Advisory Services of PT SMI in structuring projects that can be welcomed by investors, especially international investors.

The SATRIA project is an effort to resolve connectivity issues at 149,400 public service points. It consists of educational facilities, local government, defense and security administration and health facilities in all regions of Indonesia, especially in the 3T (Left Behind, Leading, and Outermost) and border areas that will support the achievement of Sustainable Development Goals (SDGs) in Indonesia.

Strengthen Legal Aspects for Regional Financing, PT SMI Conducts Information Dissemination Event Together With Kejati and Kejari

During its 10 years of journey, PT SMI has always maintained its integrity and mitigated legal risk in accelerating Indonesia’s infrastructure development. One of them was realized through the event of “Information Dissemination of the Acceleration of Regional Infrastructure Development to the High Prosecutor’s Office (Kejati) & District Attorney’s Office (Kejari) in the Sulawesi region”. This event held in Makassar aimed to strengthen the understanding of legal aspects both to PT SMI and the Regional Government in the implementation of regional financing facilities.

PT SMI as the Ministry of Finance’s Special Mission Vehicles (Ministry of Finance’s SMV) in collaboration with the Deputy Attorney General for Civil and State Administration (Jamdatun) covering assistance, consideration, assistance, and other legal actions contained in the MoU to guard various legal conditions that might happen. It is hoped that through this event, Kejati and Kejari will always support optimally the acceleration of regional infrastructure development so that it can provide tangible benefits to the community.

Ministry of Finance’s SMV Synergy to Realize Renewable Energy Strengthening in Indonesia

The government targets the composition of renewable energy sources to national energy by 23% by 2025, where the geothermal sector becomes a priority sector as stated in the 2018-2027 Electricity Supply General Plan (RUPTL) issued by the Ministry of Energy and Mineral Resources. In order to make this happen, the Ministry of Finance’s Special Mission Vehicles, namely PT SMI and PT PII, supported PT Geo Dipa Energi to work together to realize the strengthening of renewable energy in Indonesia.

Witnessed by Finance Minister Ibu Sri Mulyani Indrawati and Director General of Renewable Energy and Energy Conservation at the Ministry of Energy and Mineral Resources, PT SMI and PT Geo Dipa Energi signed a Financing Facility Letter for the construction of the Dieng Small Scale Geothermal Power Plant (PLTP). This financing facility of U$19 million from PT SMI will support PT Geo Dipa Energi to increase electricity production capacity to 270 MW by 2023.

On this occasion, PT Geo Dipa Energi also carried out symbolic groundbreaking for PLTP Unit 2 Dieng and Patuha Projects, each with a capacity of 60 MW. The overall effort is a concrete step in the synergy of the Ministry of Finance’s SMV in providing environmentally friendly energy that will mitigate the impact of climate change and in line with the achievement of the Sustainable Development Goals (SDGs).

PT SMI Supports Financing of Regency Road Infrastructure in Sumatra Again

Savings in vehicle operating costs, short travel times, increased mobility and accessibility that have triggered regional economic growth and other socio-economic benefits will soon be felt by residents of East Ogan Komering Ulu Regency (East OKU). On April 23, 2019, the signing of Regional Financing Agreement between PT SMI and the East OKU Regency Government was held.

The Regional Financing Facility of Rp100 billion will later be used to increase 8 Regency road sections with a total length of 62 km. East OKU is known as one of the foremost and foremost regions in the province of South Sumatra which continues to improve, including in equitable development of road infrastructure which ultimately can contribute to Regional Original Income (PAD). All business processes carried out by PT SMI, including the regional infrastructure development projects, always strive to achieve the achievement of Sustainable Development Goals (SDGs) in Indonesia.

Synergy between PT SMI and Dompet Dhuafa to Support the Achievement of SDGs in Indonesia

PT SMI as one of the Ministry of Finance’s Special Mission Vehicles (Ministry of Finance’s SMV) once again received the support and interest of cooperation from Dompet Dhuafa to strengthen the implementation of SDG Indonesia One (SIO) in Indonesia. This synergy will encourage the efforts of both parties to realize more and more infrastructure development with the insight of Sustainable Development Goals (SDGs), especially in the health and education infrastructure sector with a project value of more than USD8 million.

SIO is an initiative of the Ministry of Finance that was executed by PT SMI by presenting an integrated platform that combines public & private funds through the Blended Finance scheme to be channeled into infrastructure projects related to the achievement of the SDGs. SIO will enable the creation of wider benefits for Indonesia, such as: (1) mobilizing & coordinating the role of Government partners, (2) increasing access to funding sources, and (3) reducing the Government’s fiscal burden in financing various projects oriented towards achieving the SDGs.

Strengthen SDGs, PT SMI Collaborates With Bloomberg Philanthropies

PT Sarana Multi Infrastruktur (PT SMI) and Bloomberg Philanthropies have just signed a memorandum of understanding which aims to strengthen and explore collaborative opportunities in the field of capital market infrastructure, sustainable cities, government innovations, and other aspects related to Sustainable Development Goals (SDGs) in Indonesia.

Finance Minister Sri Mulyani said cooperation from various parties would result in more optimal SDGs. “Working together is very important. If we work alone even with full strength and determination, the results are not as much as working together. By working together not only in Indonesia but also across countries, we will make changes to achieve progress, “Sri Mulyani said in a written statement received by Kontan.co.id, Tuesday (9/4).


PT Sarana Multi Infrastruktur (PT SMI) dan Bloomberg Philanthropies baru saja meneken nota kesepahaman yang bertujuan untuk memperkuat dan mengeksplorasi peluang kolaboratif dalam bidang infrastruktur pasar modal, kota berkelanjutan, inovasi pemerintah, dan aspek lainnya terkait Sustainable Development Goals (SDGs) di Indonesia.

Menteri Keuangan Sri Mulyani mengatakan, kerjasama dari berbagai pihak akan menghasilkan SDGs yang lebih maksimal. “Bekerja bersama-sama sangatlah penting. Kalau kita bekerja sendiri meskipun dengan kekuatan dan tekad penuh, hasilnya tidak semaksimal kalau kerja bersama. Dengan bekerja bersama tidak hanya di Indonesia tapi juga lintas negara, kita akan membuat perubahan untuk meraih kemajuan,” ujar Sri Mulyani dalam keterangan tertulis yang diterima Kontan.co.id, Selasa (9/4).

Nantinya, Bloomberg Philantropies akan memberikan bantuan teknis dan saran kepada PT SMI, bertukar ide, serta memfasilitasi diskusi bagi kepala daerah dalam pengambilan keputusan dan penerapan kebijakan untuk mengembangkan kota berkelanjutan di Indonesia.

Tak hanya melakukan penandatangan nota kesepahaman, PT SMI akan bekerjasama dengan Bloomberg Philanthropies dan Perhimpunan Filantropi Indonesia (PFI) dalam menyelenggarakan sharing session di New York, untuk berbagi pengalaman dalam menerapkan program agar pencapaian pembangunan berkelanjutan dalam kerangka SDGs di Indonesia dapat terealisasi dengan baik.

Direktur Utama PT SMI Emma Sri Martini mengatakan SDG Indonesia One akan menghasilkan eksekusi penyediaan infrastruktur yang lebih baik. Dengan begitu, kebutuhan dapat diubah menjadi peluang bagi banyak pemangku kepentingan yang berpartisipasi dalam berbagai proyek infrastruktur di Indonesia.

PT SMI merupakan salah satu special mission vehicle Kementerian Keuangan. Karena itu, Menteri Keuangan terus mendukung dan mendorong PT SMI untuk menggali kesempatan kerjasama dan memperluas jaringan komitmen pendanaan yang lebih besar untuk mempercepat pembangunan infrastruktur di Indonesia.

PT SMI and Bloomberg Philanthropies Collaboration Realize Achievement of SDGs

PT SMI and Bloomberg Philanthropies signed a Memorandum of Understanding in New York on April 8, 2019 to explore collaborative opportunities to achieve Sustainable Development Goals (SDGs) in Indonesia through the SDG Indonesia One (SIO) funding platform. The scope of this cooperation includes pushing Indonesia’s capital market infrastructure, sustainable city development and government innovation which is evidence that partnerships through SDG Indonesia One have already climbed global levels.

Furthermore, Bloomberg Philanthropies, which is a leading charity foundation that focuses on community empowerment in several aspects such as education, environment, government innovation & health, will provide technical assistance, advice and ideas and facilitate discussions for the Regional Head in decision making & policy implementation for building sustainable cities in Indonesia.

PT SMI President Director Emma Sri Martini said, “SDG Indonesia One will transform needs into opportunities for many stakeholders who participate in various infrastructure projects in Indonesia. Collaboration with Bloomberg Philanthropies enables us to empower Regional Governments and build the innovation capacity of the public sector so that they can implement sustainable infrastructure projects from the start. ”

 

Collaboration between the Ministry of Finance, PT SMI and Bloomberg Philanthropies Strengthen the Achievement of Sustainable Development Goals

New York, 9 April 2019 – Menteri Keuangan (Menkeu) menyaksikan acara Penandatanganan Nota Kesepahaman (Memorandum of Understanding – MoU) antara PT Sarana Multi Infrastruktur (PT SMI) dan Bloomberg Philanthropies di Kantor Bloomberg Philantropies, New York, Senin (8/4). Sebagai negara dengan populasi terbesar keempat di dunia, MoU ini diharapkan dapat memperkuat dan mengeksplorasi peluang kolaboratif dalam bidang infrastruktur pasar modal, kota berkelanjutan, inovasi pemerintah, dan aspek lainnya terkait Sustainable Development Goals (SDGs) di Indonesia.

Menkeu menyampaikan banyak orang yang peduli terhadap Indonesia dan  kita perlu bekerja lebih baik secara bersama-sama. “Bekerja bersama-sama sangatlah penting. Kalau kita bekerja sendiri meskipun dengan kekuatan dan tekad penuh, hasilnya tidak semaksimal kalau kerja bersama.  Dengan bekerja bersama tidak hanya di Indonesia tapi juga lintas negara, kita akan membuat perubahan untuk meraih kemajuan”, ungkap Menkeu mendukung PT SMI sebagai salah satu Special Mission Vehicle (SMV) Kementerian Keuangan.

Bloomberg Philantropies akan memberikan bantuan teknis dan saran kepada PT SMI, bertukar ide, serta memfasilitasi diskusi bagi Kepala Daerah dalam pengambilan keputusan dan penerapan kebijakan untuk mengembangkan kota berkelanjutan di Indonesia.

Selain melakukan penandatanganan kesepahaman, PT SMI juga bekerja sama dengan Bloomberg Philanthropies dan Perhimpunan Filantropi Indonesia (PFI) menyelenggarakan sharing session di New York, untuk berbagi pengalaman dalam menerapkan program agar pencapaian pembangunan berkelanjutan dalam kerangka SDGs di Indonesia dapat terealisasi dengan baik.

“SDG Indonesia One akan menghasilkan eksekusi penyediaan infrastruktur yang semakin baik sehingga dapat mentransformasi kebutuhan menjadi peluang bagi banyak pemangku kepentingan yang berpartisipasi dalam berbagai proyek infrastruktur di Indonesia” tambah Direktur Utama PT SMI, Emma Sri Martini.

Antha William, Kepala Divisi Program Lingkungan Bloomberg Philanthropies, mengatakan, “Indonesia merupakan contoh yang baik dalam mengedepankan kolaborasi antara masyarakat, pemerintah, sektor swasta, dan filantropi untuk secara aktif mendukung pencapaian SDGs.”

Atas berbagai upaya yang dilakukan oleh PT SMI untuk mempercepat pembangunan infrastruktur di Indonesia, Menkeu akan terus mendukung dan mendorong PT SMI agar dapat menggali lebih jauh kesempatan kerja sama dan memperluas jejaring komitmen pendanaan yang lebih besar. Dengan demikian, PT SMI sebagai katalisator pembangunan dapat melahirkan berbagai manfaat ekonomi sosial yang lebih merata bagi kesejahteraan masyarakat Indonesia.

 

Nufransa Wira Sakti
Kepala Biro Komunikasi dan Layanan Informasi
Kementerian Keuangan RI

 

Press Release

PT SMI & Stakeholders Always Accelerate Regional Infrastructure Development

Government support through PT SMI which is one of the Ministry of Finance’s Special Mission Vehicles (Ministry of Finance’s SMV) to accelerate regional infrastructure development continues to be improved. For a decade, PT SMI through the Regional Financing facility has realized the expectations of 41 Regional Governments (Pemda) in developing their regions through Regional Financing facilities with a value of Rp4.4 trillion.

PT SMI together with the Ministry of Finance, the Coordinating Ministry for Economic Affairs, and the Ministry of Home Affairs held an event on Alternative Infrastructure Financing for Regional Infrastructure Financing to provide information related to options that could be an alternative source of financing outside of Regional Original Revenues (PAD), namely the scheme of Government and Business Entity Cooperation (PPP) and Regional Financing facilities.

Through the socialization program that invited 56 of these Regional Governments, PT SMI seeks to introduce models & mechanisms of regional financing facilities owned and map priority objects of regional infrastructure such as the Regional General Hospital (RSUD), Roads, Public Road Lighting, River Restoration, and others.

PT SMI’s Synergy to Accelerate Development in Pasundan

PT SMI, through the support of the Ministry of Finance, continued to accelerate the country’s development through synergy in the form of a Memorandum of Understanding with the West Java Provincial Government. This synergy is expected to be the initial momentum and important point of collaboration between the West Java Provincial Government and PT SMI in order to accelerate the implementation of various fields of development in West Java, especially infrastructure development.

PT SMI will support the acceleration of infrastructure development in West Java by providing creative financing scheme facilities. In addition, PT SMI will also help to provide training to improve the capacity and competence of the State Civil Apparatus (ASN) within the West Java Provincial Government.

One Decade, SMI Spend Fund Rp1,151.8 Trillion for Infrastructure Projects

For ten years or a decade, PT Sarana Multi Infrastruktur (Persero) has funded 261 projects worth Rp1,151.8 trillion.

The amount is diversified through three business pillars, namely financing and investment, construction services and project development.


Selama sepuluh tahun atau satu dekade berkiprah, PT Sarana Multi Infrastruktur (Persero) telah mendanai 261 proyek senilai Rp1.151,8 triliun.

Jumlah tersebut terdiversifikasi melalui tiga pilar bisnis yaitu pembiayaan dan investasi, jasa konstruksi dan pengembangan proyek.

Direktur Utama PT SMI Emma Sri Martini menjelaskan, melalui bisnis pembiayaan dan investasi, SMI mengelola proyeyek komersial senilai Rp553,6 triliun.

Sementara untuk bisnis jasa konstruksi, nilai proyek yang ditangani mencapai Rp546,6 triliun. Proyek yang digarap mencapai 46 proyek meliputi telekomunikasi, transportasi, infrastruktur sosial, dan konektivitas.

“Dalam KPBU kami juga sudah mendampingi proyek senilai Rp51,6 triliun,” ungkap Emma saat peringatan Dasabakti PT SMI di Jakarta, Kamis (28/3/2019).

Ia menambahkan, dari total pembiayaan yang disalurkan, 63 persen di antaranya merupakan proyek yang digarap di luar Pulau Jawa.

Hal ini sejalan dengan semangat pemerintah dalam mendukung upaya pemerataan pembangunan di seluruh wilayah Indonesia.

“Dari sisi sektor juga sangat terdiversifikasi. Memang saat ini terdominasi oleh sektor konektivitas, karena Indonesia merupakan negara kepulauan. Averagenya terdominasi jalan dan jalan tol, disusul ketenagalistrikan dan disusul sektor lain,” beber Emma.

Dengan capaian saat ini, ia mencatat, PT SMI telah berhasil menciptakan multiplier effect 18,63 kali terhadap modal yang disetor dan 6,03 kali terhadap komitmen fasilitas pembiayaan.

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