Receive Funding Of IDR 2 Trillion, IIF Acceleration Of Sustainable Infrastructure Development
JAKARTA - In order to increase the acceleration of sustainable infrastructure development in Indonesia, PT Indonesia Infrastructure Finance (IIF) received funding from PT Bank Mandiri (Persero) Tbk through futures and Non-Cash Loan loan facilities worth a total of IDR 2 trillion.
Interim Chief Executive Officer/Chief Financial Officer IIF, Rizki Pribadi Hasan expressed his appreciation and gratitude for Bank Mandiri's trust in IIF.
"This collaboration is one clear evidence that we continue to be productive and trusted in carrying out our mandate as a catalyst for sustainable infrastructure development," said Rizki, in his statement, Monday, December 23.
It is proven that until November 2024, IIF has achieved investment commitments worth more than IDR 2.4 trillion which are given to sustainable infrastructure projects such as toll roads, telecommunications infrastructure, Drinking Water Supply Centers (SPAM) and various other infrastructure sectors.
More than that, several projects that were carried out were part of the National Strategic Project (PSN). As of November 2024, IIF also manages 13 renewable energy projects with a total investment asset value of IDR 2.9 trillion.
Furthermore, in terms of financial performance, IIF managed to record net profit growth in the third quarter of 2024 of 61 percent to IDR 96.8 billion compared to the same period in the previous year of IDR 60.3 billion.
As a result, in 2024, IIF has won a series of national and international awards, including the 2024 Corporate Treasurer Awards in the Best ESG Service Provider & Best ESG Initiative and the 2024 Asian Banking & Finance (ABF) Awards in the Innovative Deal of the Year - Indonesia & Sustainability Bond of the Year - Indonesia category.
Previously, IIF also received a rank of 'Gold Rank' in the Asia Sustainability Report Rating (ASRRAT) 2024 and the 2024 ESG Award category Best Investor/Creditor.
In the future, IIF is committed to continuing to provide innovative and sustainable financing solutions to support infrastructure growth in Indonesia.