Accelerate Patimban Toll Road Construction Project Package 2, IIF Distributes Financing Of IDR 250 Billion

Photo: Doc. PT Indonesia Infrastructure Finance (IIF)

JAKARTA - PT Indonesia Infrastructure Finance (IIF) is collaborating with PT Brantas Abipraya (Persero) through the provision of working capital financing facilities worth IDR 250 billion. This financing facility aims to assist the development of infrastructure projects that have been approved and implemented, including the Patimban Package 2 Access Toll Road project in Subang, West Java.

Interim Chief Executive Officer/Chief Financial Officer IIF, Rizki Pribadi Hasan expressed his appreciation and gratitude for the trust of PT Brantas Abipraya (Persero) in using financial products and services from IIF.

"We are proud to be able to collaborate to support the construction of the Patimban access toll road project, considering that there are many economic benefits that can be given," said Rizki, in a written statement, Friday, December 20.

With a total road length of 37.05 km, the construction of the Patimban Access toll road is divided into several work packages. As a member of WaskitaAbipraya JO, PT Brantas Abipraya (Persero) is trusted to complete a 6.2 km long road, which is part of the Patimban Paket 2 Access Toll Road.

As a National Strategic Project (PSN), this toll road is expected to increase connectivity to Patimban Port, one of the largest seaports in Indonesia.

Over the past five years, IIF has become a strategic partner in the construction of 10 toll road infrastructures in Indonesia with a total commitment of more than IDR 4.1 trillion.

As a catalyst for sustainable infrastructure development, IIF believes that collaboration is the key to success in realizing quality infrastructure. This collaboration with PT Brantas Abipraya (Persero) is a real example of a strong synergy in supporting national development.