Receiving Funding From CCB Indonesia, IIF Supports Sustainable Indonesian Economic Growth

Photo: Doc. PT Indonesia Infrastructure Finance (IIF)

JAKARTA - PT Indonesia Infrastructure Finance (IIF) and PT China Construction Bank Indonesia Tbk (CCB Indonesia) have signed a loan facility agreement worth IDR 500 billion, strengthening their strategic partnership to support sustainable economic growth in Indonesia.

The signing of the agreement was carried out by Eri Wibowo - Director of Finance IIF, Zhu Yong Director of Corporate & International Banking and Junianto - Director of Operations for CCB Indonesia. This loan facility is expected to strengthen IIF's working capital and provide greater flexibility in meeting the company's operational needs.

Eri Wibowo expressed his appreciation and gratitude for Indonesia's CCB trust in IIF, "This collaboration shows high trust in IIF's business and a common vision to encourage the development of Indonesia's infrastructure that is increasingly advanced and sustainable," he said, in a written statement, Friday, December 12.

"This financing is part of IIF's strategic steps to strengthen the funding structure in supporting infrastructure projects that continue to grow, while ensuring IIF's capacity remains optimal in meeting market needs," he added.

Meanwhile, Junianto revealed, in the midst of the dynamics of the global economy and the need to accelerate national infrastructure development, the synergy between financing institutions such as PT IIF and banks such as CCB Indonesia is becoming increasingly important.

"With strong capital support and banking structure, CCB Indonesia is committed to continuing to support the financing of the infrastructure sector which is strategic, sustainable, and provides added value for Indonesia," said Junianto.

This financing support is expected to contribute to strengthening IIF capacity in providing sustainable funding for various strategic infrastructure projects in Indonesia, which not only encourage economic growth, but also increase connectivity, productivity, and community welfare.

This collaboration is a clear proof of the commitment of the two financial institutions in supporting national economic development and strengthening a stable and sustainable financial ecosystem.