EN ID

MILESTONES

  

2018

  • Green Bond issuance (part of Green Bond Shelf Public Offering) of IDR 3 trillion of Tranche I.

  • Executed Sukuk Shelf Public Offering amounted to IDR 3 trillion, with issuance value of IDR 1 trillion of Tranche I.

  • The launch of Step-up MMQ Musyarakah Mutanaqisah, (a tiered pricing profit sharing basis financing). 

  • Sharia Hedging Facility; to mitigate risk of market fluctuation on sharia business activities in cooperation with Maybank, the first in Indonesia.

  • Takeout Financing Facility, a financing scheme where PT SMI has the commitment to take over the balance of financing value from a project that previously funded by other creditors.

  • Takeout Financing Facility launch, allowing PT SMI to step in and replace (or) take over the company that initially financed the project.

2017

  • The establishment of Sharia Business Unit to accommodate financing needs under sharia principles.

  • Participate in sharia’s largest syndicate financing in the electricity sector.

  • The signing of the first KPBU project with availability payment (AP) scheme for Palapa Ring East Package.

  • Joint host with Ministry of Finance at “The 3rd IDB Member Countries Sovereign Investments Forum”.

  • The largest bonds issuance Shelf Tranche II in a single subscription of IDR 7 trillion.

  • Achieved Financial Close of the LRT Jabodebek funding and strong interest from the national and international banking in the financing syndication.

  • Attained Private Sector participation on financing syndication of Sumatera Trans toll road project Bakauheni-Terbanggi Besar lanes through Cash Deficiency Support (CDS) facility of IDR 7.5 trillion.

  • The financing of Merauke Biomass Power Plant construction.

  • Investment Financing scheme on Non-Government Budget (PINA) in Waskita Toll Road shares.

2016

  • The Company's corporate rating improved to AAA status, and Fitch increased the Company's outlook from stable to positive. 

  • The Company is accredited by Green Climate Fund (GCF), as the first and only country in Southeast Asia who get the accreditation. 

  • The active preparation on the KPBU project of Optical Fiber Network West Palapa Ring.

  • Issuance of Bonds Shelf Tranche I Year 2016 amounted to Rp5 trillion.

  • Cash Deficiency Support (CDS) launch, a new product implemented for Sumatera Trans Toll Palembang-Indralaya Lanes project financing with 25 years tenor.

  • The signing of KPBU first projects with VGF support by the Government (SPAM Umbulan).

2015

  • Obtained financial sector expansion permit from the OJK.

  • Obtained assets worth 18.3 trillion Rupiah from PIP to strengthen the Company's capital.

  • Cooperation with the AFD for the development of the renewable energy sector and climate change.

  • Sumatra Trans Toll Road Medan-Binjai Lanes financing with extensive tenor (25 years) and grace period of 15 years.

2014

The Umbulan Project was awarded by "Finance Project of The Year" at the prestigious 7th Global Infrastructure Leadership Forum in New York, USA. And the issuance of the Company's first bonds amounting to IDR 1 trillion with idAA+ rating from Pefindo, in the same year.

2013

Indonesia Stock Exchange announced the inauguration of the SMinfra18 infrastructure index. Also, the upgrade on the Company’s National Long Term Rating to ‘AA+(idn)’ with Stable outlook and issues (BBB-/Stable) international ratings by The Fitch Ratings.

2012

PT SMI's business expansion and launch of the company's third pillar, Advisory, the infrastructure financing for Cikampek-Palimanan toll project, the "AA" rating by PT Fitch Ratings Indonesia to the Company with Stable Outlook.

2011

Appointed by the Ministry of Finance to facilitate two PPP projects showcasing the Soekarno-Hatta Airport Railway project and the Umbulan Water Supply project.

2010

PT SMI's subsidiary company, PT IIF, was successfully launched as a joint venture with ADB, IFC and DEG with an additional government capital of IDR 1 trillion.

2009

Under the wings of the Indonesian Ministry of Finance, PT Sarana Multi Infrastruktur (Persero) ("PT SMI") is installed to be the activator on accelerating Indonesia's sustainable development to enforce a livable, productive and inclusive nation.