Signing Ceremony of Loan Agreement for Cikampek - Palimanan Toll Road Project
PT Sarana Multi Infrastruktur (Persero) or PT SMI together with PT Indonesia Infrastructure Finance and other 19 financial institutions (12 of them are regional development banks) have signed a Loan Syndication Agreement for PT Lintas Marga Sedaya on 26 September 2012. This project financing facility was intended to support the development of 116,75 km Cikampek – Palimanan Toll Road in West Java Province, which requires total investment of IDR 8.8 trillion. PT Lintas Marga Sedaya is the concession holder of this toll road project.
The signing was a new milestone for PT SMI, particularly in financing toll road projects. PT SMI was proud to participate in this prestigious project.