Press Release

December 26, 2020
PT SMI’s Stride Strengthening as Development Bank

JAKARTA, December 25th, 2020 - In the middle of current economic uncertainties due to Covid-19 pandemic, PT Sarana Multi Infrastruktur (Persero) (“the Company” or “PT SMI”) is continue strengthening its steps to carry the role as development bank (Development Financial Institution / Development Bank). This has reflected in PT SMI's business plan for 2021, as which PT SMI has been mandated by the Government to become one of the key… Read more  
December 2, 2020
PT SMI, European Union, KfW, and AFD Join Forces to Accelerate Investment in Sustainable Infrastructure in Indonesia

Jakarta, December 2, 2020 - PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) and the European Union (“EU”), together with German KfW Development Bank (“KfW”) and Agence Française de Développement (“AFD”) are taking concrete steps to work together in achieving sustainable development in Indonesia under the SDG Indonesia One Platform. Sustainable infrastructure development is believed as one of the main drivers to the recovery path of the economy in a post… Read more  
November 30, 2020
PT SMI Realizes Government Investment in the PEN Program for PT Kereta Api Indonesia (Persero) worth IDR 3.5 trillion

Jakarta, 30 November 2020 – PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) realizes the National Economic Recovery program assistance in the form of Government Investment (“IP PEN”) worth IDR 3.5 trillion to PT Kereta Api Indonesia (Persero) (" PT KAI "). The goal is that PT KAI's operational activities can resume after experiencing a serious decline in income due to restrictions on train passenger travel services during the Covid-19 pandemic.… Read more  
November 24, 2020
PT SMI and Climate Bonds Initiative Commitment to Accelerate Green Infrastructure in Indonesia

Jakarta/London, 24 November 2020 – Edwin Syahruzad, the President Director of PT Sarana Multi Infrastruktur ("PT SMI"), and Justine Leigh-Bell, the Deputy CEO & Director of Market Development at Climate Bonds Initiative ("CBI") signed a Memorandum of Understanding (MoU), and a Non-Disclosure Agreement (NDA) in Jakarta, on November 24 2020. The purpose of this MoU is to; (1) promote green infrastructure project pipelines to institutional investors, (2) deliver capacity building… Read more  
September 11, 2020
Obtained a Syndicated Loan Facility of USD 700 million, PT SMI Proves Infrastructure as an Asset Class

JAKARTA, 10 September 2020 - PT Sarana Multi Infrastruktur (Persero) (PT SMI) as a Special Mission Vehicle (SMV) under the coordination of the Ministry of Finance (MoF) signed a Syndicated Loan Agreement worth USD 700 million (IDR 10.26 trillion). This facility is the largest offshore syndicated loan obtained by PT SMI from banking partners, originating from Indonesia, Singapore, Japan, Hong Kong, Taiwan, and South Korea. The process of this facility… Read more  
July 27, 2020
PT SMI’s Research on the Leading Sectors During the Covid-19 Pandemic and the New Normal Era

JAKARTA, JULY 27, 2020 – The Covid-19 pandemic has sent a shock wave to not only the health sector but also to the economic and social life with the implication of slower economic growth in the first semester of 2020. PT Sarana Multi Infrastruktur (“PT SMI”) has analysed the impact of Covid-19 pandemic on the economy at the national and regional levels as well as the economic sectors that will… Read more  
July 27, 2020
Cooperation Agreement between West Java Provincial Government, DKI Jakarta Provincial Government and PT SMI (Persero) on National Economic Recovery Loan

The Covid-19 pandemic affects the regional governments’ fiscal capacity to increase the government’s spending to stimulate local economy. PT SMI is providing loan to DKI Jakarta and West Java Provinces as part of the National Economic Recovery program. JAKARTA, JULY 27, 2020 – The government mitigated the significant impact of the Covid-19 pandemic on the Indonesian economy by launching the National Economy Recovery program (“PEN”) to stimulate the economy for… Read more  
July 24, 2020
PT Sarana Multi Infrastruktur (Persero) Supports the Urban Community Empowerment Program in Facing the Impact of the Covid-19 Pandemic

Jakarta, July 21, 2020 - PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), as one of the Special Mission Vehicles (SMV) under the coordination of the Ministry of Finance (MoF), participated to support the National Economic Recovery program launched by the Government, especially in increasing the economic resilience of the people amid the conditions of the Covid-19 pandemic. One form of PT SMI's participation was carried out through community empowerment activities… Read more  
July 1, 2020
Transition of Duties of the Members of the Board of Directors of PT Sarana Multi Infrastruktur (Persero) (“PT SMI”)

In accordance to Board of Directors Regulation No. PD-009/SMI/0620 dated June 26th, 2020 ("Board of Directors Regulation") concerning the Sixth Amendment to Board of Directors Regulation No. PD-26/SMI/1217 regarding the Division of Duties and Work Guidelines of the Board of Directors, has stipulated the transition of duties of the members of the Board of Directors of PT SMI as follows: Mr Darwin Trisna Djajawinata, who previously served as Project Development… Read more  
June 30, 2020
The Dismissal and Appointment of the Member of the Board of Commissioners of PT Sarana Multi Infrastruktur (Persero)

Minister of Finance of the Republic of Indonesia (“Minister”) as the Shareholder of PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) through a Minister of Finance of the Republic of Indonesia Decree No. 303/KMK.06/2020 dated June 26, 2020, regarding the Dismissal and Appointment of the Member of the Board of Commissioners of the Company (Persero) PT Sarana Multi Infrastruktur (“Minister Decree”) stipulates as follows: To respectfully dismissed Mr. Agus D.W. Martowardojo… Read more  
June 23, 2020
The Dismissal and Appointment of the Member of the Sharia Supervisory Board of PT Sarana Multi Infrastruktur (Persero)

In connection with the expiration of terms of office of all members of the Sharia Supervisory Board of PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) effective as of  the closing of the Annual General Meeting of Shareholders for Financial Year 2019, Minister of Finance of the Republic of Indonesia (“Minister”) as the sole Shareholder of PT SMI through a Minister of Finance of the Republic of Indonesia Decree No. 290/KMK.06/2020… Read more  
April 28, 2020
IDFC is Building a Collective Response to Covid-19: the International Development Finance Club Combating Covid-19 by Stepping-Up Efforts Towards Building More Resilient Economies for People and Planet

Paris, France, 21 April 2020 – As the world is facing an unprecedented crisis caused by COVID-19, the International Development Finance Club (IDFC), the network of leading national and regional development banks, is committed to making public on a regular basis and capitalizing on its members respective experiences with regards to the responses to the crisis. IDFC members actively respond to the situation with a full set of measures with… Read more