Catalyst for the Acceleration of National Infrastructure Development PT Sarana Multi Infrastruktur (Persero) (PT SMI) is an AAA class (local corporate rating) infrastructure financing firm, which was established in 2009. It is 100% owned by the government of Indonesia, through the country’s Minister of Finance. As winner of the 2017 Indonesia Business Awards in the 2017’s Best in Business category, here is the glance of the Company to learn more. PT Sarana Multi Infrastruktur (Persero) (PT SMI) is an AAA class (local corporate rating) infrastructure financing firm which was established on 26 February 2009, and is owned 100% by the government of Indonesia through the Minister of Finance Republic of Indonesia. As a catalyst for the acceleration of national infrastructure development, as a state-owned company under Ministry of Finance, PT SMI has an active role in financing infrastructure projects in Indonesia that reflected on its 3 business pillars: (1) financing & investment, (2) advisory, (3) project development. As a firm, PT SMI has a mandate to support the acceleration of infrastructure development. One focus of this mandate is the government and the public-private partnership (PPP) programme, which involves various financial institutions, both private and multilateral. Eligible sectors that can be financed by PT SMI include: toll roads & bridges; transportation; oil & gas; telecommunication; waste management; electricity; irrigation & waterway; water supply; social infrastructure.
PT SMI’s achievement to be part of the 2017 Indonesia Business Awards in the 2017’s Best in Business category reflecting hard work and solid team work, plus a result-oriented group of people providing excellent service delivery and innovative products that meet the stakeholders’ needs. Being aware of the need for large scaled infrastructure development, PT SMI has created many innovations through long-term financing schemes. In addition, PT SMI has been innovative where finance products are concerned by offering other financing schemes
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such as subordinated loans, mezzanine loans, cash deficiency support, convertible loan and equity investment (equity) that are complimentary with financing products offered by banks. By offering such product, the firm tries to close the gap to accelerate the financial close of infrastructure projects in Indonesia. PT SMI also has established a corporate culture namely I-SPRINT (integrity, service excellence, partnership, resilience, innovation and trust). The implementation of a shared work culture is important for the firm to ensure employees’
ability to uphold and support the firm values, that also aligned with firm strategies and business activities.
Email: firstname.lastname@example.org Web Address: www.ptsmi.co.id Address: Sahid Sudirman Center 48th Floor, Jl. Jend. Sudirman No.86, Jakarta 10220, Indonesia Telephone: +62 21 808 252 288
Published on Jul 11, 2017