Milestones

Establishment of PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) on 26 February 2009 under the coordination of Ministry of Finance with the mandate as the catalyst of Indonesia infrastructure development.

The first infrastructure financing in irrigation sector amounted to Rp284 billion.

2009

2010

Successful launching of PT IIF, a subsidiary company established as a joint venture with ADB, IFC and DEG also additional Government capital injection of Rp1 trillion.

Having the assignment from the Minister of Finance to the Company to act as facilitator for two PPP showcase projects: Soekarno-Hatta Airport Railway project and Umbulan Water Supply project.

2011

2012

Launching of third business pillar Advisory to complement the Financing and Project Preparation pillar.

Cikampek-Palimanan toll project syndicated financing with 21 financial institutions.

“AA (idn)” rating by PT Fitch Ratings Indonesia to the Company with Stable Outlook.

Official inauguration of SMinfra18 infrastructure index with Indonesia Stock Exchange. Fitch Ratings also upgraded the Company’s National Long Term Rating to ‘AA+(idn)’ with Stable outlook and issues (BBB-/Stable) international ratings.

2013

2014

The “Finance Project of The Year” Award for the Umbulan Project at the 7th Global Infrastructure Leadership Forum in New York, USA.

The first bonds issuance of the Company, amounted to Rp1.0 trillion with idAA+ rating from Pefindo.

Obtained financing sector expansion permit from OJK, namely Social Infrastructure.

PIP’s assets transferred amounted to Rp18.3 trillion to strengthen the Company’s capital.

Credit Facility and Quasi Equity Facility Cooperation with French Development Bank (AFD) for the development of renewable energy sector and climate change.

Financing of Sumatera Trans Toll Road Medan-Binjai Lanes with the extensive tenor (25 years) and grace period of 15 years.

2015

2016

Pefindo increased the Company’s corporate rating to “AAA”.

Fitch increased the Company’s outlook to positive from stable.

The Company is accredited by Green Climate Fund (GCF), the first and only in the Southeast Asia.

Actively preparing KPBU project of Optical Fiber Network West Palapa Ring.

Issuance of Bonds Shelf Tranche I Year 2016 amounted to Rp5 trillion from the planned commitment of Rp30 trillion.

Launching of new product innovation Cash Deficiency Support (CDS), implemented for project financing of Sumatera Trans Toll Palembang-Indralaya Lanes (25 years tenor).

Signing of KPBU first projects with the support of VGF from Government (SPAM Umbulan).

Implementation of Environmental and Social Safeguards.

Establishment of Sharia Business Unit to accommodate financing needs with sharia scheme.

Participating in the largest sharia syndicated financing of electricity sector.

Signing of the first KPBU project with the availability payment (AP) scheme for Palapa Ring East Package.

Joint host with Ministry of Finance at “The 3rd IDB Member Countries Sovereign Investments Forum”.

Issuance of Bonds Shelf Tranche II with the biggest nominal in one subscription (Rp7 trillion).

Significant role in the achievement of Financial Close of LRT Jabodebek funding and obtained strong interest from the national and international banking in the financing syndication.

Significant role to attain private participation for financing syndication of Sumatera Trans toll road project Bakauheni-Terbanggi Besar lanes through Cash Deficiency Support (CDS) facility of Rp7.5 trillion.

PT SMI participates in enhancing economic growth in Indonesia Eastern Region through the financing of Biomass Power Plant construction in Merauke.

Participating in the Investment Financing scheme of Non-Government Budget (PINA) in the shares of Waskita Toll Road.

2017