Continuation of Solok City Hospital Development
The Government of Indonesia is working to achieve the SDGs by establishing an integrated platform called "SDG Indonesia One" that combines public and private funds (through blended finance) to be channeled into infrastructure projects related to SDGs.
With years of experience managing various funds from donor/bilateral/multilateral institutions in the form of grants, technical assistance, capacity building, and the Ministry of Finance's support, PT SMI has the credibility and support to accelerate, implement and monitor this project first hand.
SDG Indonesia One is a platform that provides 4 (four) pillars to donors and investors alike; Development Facilities, De-Risking Facilities, Financing Facilities, and Equity Fund. These facilities are tailored to raise funds for development projects in Indonesia. The platform aims to support the achievement of Sustainable Development Goals, which can be accomplished by developing projects focused on sustainability.
The first pillar of the Development facilities encourages infrastructure projects preparation on a national and regional level. The goal is to have more projects in quality and quantity.
The second pillar is the De-risking facilities that aim to increase infrastructure project bankability to gain the private sector's appeal and participation, specifically commercial banks and investors.
The third pillar is financing facilities to encourage and stimulate infrastructure development and gain participation from commercial banks or private investors. Financing funds play a role in flexible financing products and function as a way to close the gap.
The fourth pillar (Equity Fund) provides a new opportunity for private investors to participate in infrastructure projects to help reach the SDGs. The fund can strengthen the capital capacity for new (greenfield) projects and help recycle assets for already operating projects (brownfield).
The Ministry of Finance and PT SMI will help bring development projects to life by transforming needs into opportunities for many parties to participate in infrastructure projects related to SDG achievement.
In addition, this platform will ensure the development and funds of the infrastructure are available from the beginning and implemented in the field.
By combining the right instruments, infrastructure development can be more inclusive and sustainable by managing various stakeholders, prioritizing good governance, and paying close attention to the economic, social, and environmental aspects; we can encourage sustainable growth for years to come.