Ms Emma Sri Martini, President Director of PT Sarana Multi Infrastruktur (Persero) (“PT SMI”), and Mr. Wonil Kim - Executive Director of Korea Development Bank (KDB), signed a Memorandum of Understanding (MOU) to foster collaborations and knowledge exchanges on infrastructure development notably in regards to Public Private Partnerships (PPP). The MOU was signed on June 26 2013, at PT SMI Office in Jakarta. The PT SMI-KDB partnership is one of the follow-up cooperation between the Government of Indonesia and the Government of Koreathat aims to strengthen collaboration between both countries to strengthen knowledge transfer, identification and co-financing of infrastructure projects. The two institutions aim to promote knowledge transfer through training, and staff exchange for purposes of enhancing staff expertise and discussion on joint-operations.