PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) and Kompas Daily Newspaper held a discussion on the establishment plan of “Infrastructure Bank” on 2nd April 2015 at Kempinski Hotel, Jakarta.
The initiative aimed to gain input and considerations in preparing the establishment of an institution that focusing on Indonesia infrastructure development and acting as Infrastructure Bank. The Minister of Finance, Bambang PS Brodjonegoro, attended the forum and delivered his keynote speech. He said that the institution will operate under Government Law and will be targeted in 2016.
Infrastructure Bank is expected to increase the availability of infrastructure financing sources with long tenor characteristic. Infrastructure Bank will be designed as a complement to fulfil the infrastructure financing necessity. It will synergize with banking sector and other financial institutions to promote a conducive investment climate in order to attract more private sector involvement in infrastructure development.
