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AIIB Finances $ 441 Million Indonesia Infrastructure

Asian Infrastructure Investment Bank (AIIB) is not too worry with political situation in Indonesia to welcome election. This was stated by AIIB Delegation Leader Christopher Legg, during a meeting with President Joko Widodo at the Bogor Presidential Palace on Monday (12/3/2018). Legg said, currently his party is financing three infrastructure projects under the Indonesian government…

Umbulan Pipe Network Completed in 2019

The government aims to complete the construction of reservoirs and main distribution pipelines for the Umbulan Drinking Water Supply System, Pasuruan East Java in mid 2019. Support of project preparation facilities from the Ministry of Finance was done by PT Sarana Multi Infrastruktur to assist East Java Provincial Government in preparing and executing Umbulan SPAM…

Loan to PT SMI, the Right Choice for Regional

The decision of the North Penajam Paser District Government (PPU) to lend funds to PT Sarana Multi Infrastruktur (SMI), according to PPU Regent Yusran Aspar, is the right step to finance the continuation of a number of important projects. Keputusan Pemerintah Kabupaten Penajam Paser Utara (PPU) untuk melakukan peminjaman dana kepada PT Sarana Multi Infrastruktur…

PT SMI Disburses Rp 450 Billion of Loan to Muba Regency

PT Sarana Multi Infrastruktur (SMI) approved the loan submitted by Musi Banyuasin (Muba) Regent Dodi Reza Alex for the construction and improvement of infrastructure in Muba. The Regency received a loan of Rp 450 billion. PT Sarana Multi Infrastruktur (SMI) menyetujui pemohonan pinjaman yang diajukan Bupati Musi Banyuasin (Muba) Dodi Reza Alex untuk pembangunan dan…

55 PPA Will Get Special Attention

Summary: The Ministry of ESDM monitors 55 companies of renewable energy power plant which have signed the power purchase agreement/PPA but has not achieved the financial close   link