PT Penjaminan Infrastruktur Indonesia (Persero)

Welcoming the Joy of Christmas and the New Year, the Board of Commissioners, Directors, and Employees of IIGF extend our warmest wishes, Merry Christmas and Happy New Year 2025!  May this festive season brings you joy, love, happiness and abundance of treasured moments with your loved ones! 🎁 🎄✨

Shaping the Future of Sustainable Infrastructure, IIGF joins the strategic dialogue at Indonesia Sector Briefing 2024. On November 21, 2024, IIGF participated in the prestigious Indonesia Sector Briefing 2024, hosted by Fitch Ratings Indonesia at the St. Regis Hotel Jakarta. Centered around the theme “2025 Outlooks for Financial Institutions and Key Corporate Sectors,” the event convened diverse stakeholders to explore economic prospects and address challenges in the corporate sector for the coming year. During this forum, IIGF shared insights and strategies related to finance and infrastructure financing in a panel discussion titled “Corporate, Infrastructure and Project Finance.” The discussion highlighted IIIGF's role in supporting national infrastructure development through creative financing schemes, strengthening collaboration between the government and the private sector via PPP schemes, and introducing IIGF's role in public risk management. IIGF's participation in this event reflects its commitment as the Special Mission Vehicle of the Ministry of Finance of the Republic of Indonesia to continuously support national infrastructure development through innovative financing schemes. It also underscores its strategic role in bridging infrastructure investment needs with global market opportunities. Through this participation, we hope IIGF can contribute positively by fostering equitable infrastructure development and facilitating collaboration between the public and private sectors to achieve inclusive and sustainable economic growth in Indonesia. #LeveragingSustainability

To achieve Indonesia’s vision of becoming a developed and inclusive nation, robust and widespread infrastructure development is a necessity. However, with the state budget (APBN) only covering approximately 37% of the required infrastructure funding, alternative solutions are essential. This is where the Public-Private Partnership (PPP) scheme plays a pivotal role! Many still equate the PPP scheme with privatization, but these are fundamentally different concepts. Privatization involves the complete transfer of ownership from the public sector to the private sector. In contrast, the PPP scheme establishes a collaborative framework between the government and private entities, maintaining government oversight and control. Under the PPP scheme, the government leverages the private sector's expertise and resources to develop infrastructure. The private sector contributes innovation, efficiency, and investment capital, while the government remains actively involved, ensuring that projects align with national priorities and public interests. Key principles of the PPP scheme include fostering cooperation, ensuring projects serve the public good, optimizing limited fiscal resources, and establishing a balanced risk-sharing mechanism. Through this collaborative approach, private sector contributions significantly reduce reliance on the state budget while expediting infrastructure delivery. Projects facilitated under this scheme—such as toll roads, public transportation, and digital connectivity—demonstrate the potential of creative financing to address critical infrastructure gaps while ensuring long-term sustainability and public benefit. IIGF, as the Special Mission Vehicle of Kementerian Keuangan Republik Indonesia, actively supports the implementation of the PPP scheme by providing infrastructure guarantees. These guarantees mitigate risks for private investors, strengthen trust between public and private stakeholders, and drive project success. In conclusion, the PPP scheme is not just a financial solution; it is a strategic bridge that enables Indonesia to accelerate infrastructure development, promote equitable growth, and connect communities across the nation. Curious to learn more about PPP? Explore further and discover how this transformative approach is shaping Indonesia’s future! 

IIGF has made substantial contributions to society by actively addressing the Sustainable Development Goals (SDGs). This includes initiatives aimed at empowering communities, safeguarding the environment, promoting education and healthcare, and fostering social well-being across Indonesia.  For years, IIGF has stood as a cornerstone of the government’s efforts to drive financial and infrastructural progress in Indonesia. However, its impact extends far beyond its primary role as a fiscal tool for supporting national development. IIGF has embraced a broader mission to create lasting, meaningful impact by addressing the challenges outlined in the Sustainable Development Goals (SDGs). Through a range of strategic initiatives, IIGF has actively worked to empower communities by providing economic opportunities and resources that uplift livelihoods. Our commitment to safeguarding the environment is reflected in programs that promote sustainable practices, reduce environmental impact, and support conservation efforts. Beyond these tangible contributions, IIGF fosters social well-being by promoting inclusivity, reducing inequalities, and strengthening community resilience across Indonesia. These initiatives are carefully designed to complement its infrastructure projects, ensuring that development is not only measurable in terms of physical progress but also felt by the communities it serves. By integrating its mandate with the broader vision of achieving the SDGs, IIGF demonstrates its dedication to advancing Indonesia’s sustainable future. Its efforts highlight the organization’s role as not just a financial facilitator, but as a catalyst for transformative, equitable, and inclusive development that benefits generations to come. #LeveragingSustainability #SDGs

While IIGF serves as a vital instrument for the government in advancing national infrastructure development, its impact extends well beyond financial and logistical support. This is exemplified by its strong commitment to Corporate Social Responsibility (CSR) initiatives, which complement its infrastructure projects by addressing broader community needs. One notable example was implemented alongside the construction of the Makassar-Parepare public railway in South Sulawesi. Recognizing the socio-economic challenges faced by local communities, this CSR program was designed to empower local communities by addressing key socio-economic challenges and fostering sustainable growth. By integrating CSR into its infrastructure projects, this dual approach underscores IIGF's commitment to advancing Indonesia’s development agenda and ensuring that the benefits of progress are inclusive and far-reaching. This strategy not only amplifies the value of its infrastructure projects but also fosters long-term resilience and prosperity within the communities it touches. Through initiatives like these, IIGF exemplifies the role of an organization that balances infrastructure development with a deep sense of social responsibility, building a foundation for fair growth that aligns with the nation’s sustainable development goals. #LeveragingSustainability

One of the notable small-scale projects under the PPP scheme, the Street Lighting Project in Madiun Regency, stands as both a milestone and a blueprint for future infrastructure development. While smaller in scale compared to national projects, this initiative proves that Public-Private Partnership (PPP) schemes can effectively support regional infrastructure while delivering real benefits to local communities while being supported by IIGF guarantees. This project goes beyond simply improving street lighting. It enhances safety, accessibility, and economic activity in the surrounding areas, making a tangible difference in people’s daily lives. At the same time, it serves as a pilot model, demonstrating that small-scale PPP projects can be impactful, sustainable, and valuable. It highlights IIGF’s ability to tailor its guarantees to projects of different sizes, maintaining the same commitment to quality and success. The success of this project paves the way for similar initiatives, showing how small-scale infrastructure guarantees can foster regional growth while supporting broader national development goals. It underscores the adaptability and inclusiveness of IIGF's guarantee framework, inspiring more collaborations between government bodies and private partners to address local infrastructure needs effectively and efficiently. #LeveragingSustainability

IIGF reaffirms its commitment to sustainability governance by receiving a prestigious award at the Asia Sustainability Reporting Rating (ASRRAT) 2024, held at Raffles Hotel, Jakarta (21/11). In this event, IIGF was honored with the In-Accordance Gold Award, a recognition of the company’s commitment to producing transparent, accurate sustainability reports that align with international standards. IIGF was honored with the First-Year Commendation for its debut participation in ASRRAT. This accolade reflects IIGF's efforts to continuously enhance sustainability practices that support national development. Through transparent reporting and innovative sustainability management, IIGF remains committed to evolving further and contributing positively to Indonesia’s advancement. As the Special Mission Vehicle of the Kementerian Keuangan Republik Indonesia, IIGF consistently plays a strategic role in supporting sustainable infrastructure development through excellent governance practices. This award reflects IIGF’s ongoing efforts to fulfill its mandate in supporting the achievement of sustainable development goals and promoting inclusive, competitive economic progress. #LeveragingSustainability  

IIGF actively participated in the Investor and Tenant Gathering 2024, organized by the Direktorat Jenderal Perhubungan Darat, Kementerian Perhubungan Republik Indonesia. This gathering served as a strategic platform to promote investment opportunities in the land transport infrastructure sector in Indonesia. Addressing the theme "Embrace the Investor Opportunities in Land Transport Infrastructure – Together We Can", this event brought together key stakeholders, including government representatives, investors, and tenants, to discuss strategies for optimizing investment in land transport infrastructure. As a panelist, IIGF played a pivotal role in the discussions, introducing the Public-Private Partnership (PPP) scheme, including government guarantee mechanisms designed to mitigate investment risks and enhance the attractiveness of infrastructure projects. IIGF also highlighted several successful PPP projects in the transport sector, showcasing their contribution to enhancing connectivity and fostering economic development. This forum provided a significant opportunity for IIGF to broaden investors' perspectives on infrastructure opportunities in Indonesia, particularly in the land transport sector, which plays an essential role in strengthening inter-regional connectivity. IIGF's participation is expected to promote greater collaboration between the government and private sector, fostering equitable development and supporting sustainable economic growth. In addition to the panel discussion, the event featured a networking session, enabling IIGF to engage directly with prospective investors and tenants, further strengthening partnerships in the transportation sector. This gathering underscored IIGF's unwavering commitment as a Special Mission Vehicle under the Kementerian Keuangan Republik Indonesia to accelerating infrastructure development through innovative and sustainable financing mechanisms. 

The Palapa Ring Project represents Indonesia's Public-Private Partnership (PPP) project in the telecommunications sector, aimed at establishing a comprehensive fiber optic network to connect even the most remote regions of the country. This project spans approximately 8,479 km and targets 57 remote regencies/cities, this project addresses the digital divide, particularly in Underdeveloped, Remote, and Frontier areas (3T Tertinggal, Terluar, Terdepan). Divided into three packages—West Package (starting from Natuna), Central Package (centered in Sangihe), and East Package (reaching Papua)—the network covers 12,200 km of inter-island optical fiber cables and serves 14,546 connection points. By enabling the development of critical digital infrastructure, IIGF directly supports Indonesia’s vision for inclusive and sustainable economic growth. This project not only enhances connectivity but also lays the foundation for improving public services, education, and economic opportunities, particularly in underserved and remote areas. As the Special Mission Vehicle of the Ministry of Finance, IIGF plays a pivotal role in the success of this project by providing government guarantees under the PPP scheme. These guarantees reduce financial risks for private sector partners, ensuring the project's feasibility and attractiveness to investors. IIGF’s involvement directly supports the acceleration of infrastructure development in line with Indonesia’s goals for inclusive and sustainable economic growth. Through its commitment to innovative financing solutions and fostering collaboration between public and private sectors, IIGF continues to drive national progress while contributing to a more connected and equitable Indonesia. The Palapa Ring Project stands as a testament to IIGF’s dedication to bridging gaps and enabling opportunities across the archipelago.  #LeveragingSustainability

Continuing its streak of achievements, IIGF received recognition at the 12th BUMN Branding & Marketing Award 2024 (14/11). In this event, IIGF proudly brought home three distinguished awards, highlighting its multidimensional contributions to both national and global arenas. The company received the Global Branding & Marketing Platinum Award in the Impact on Indonesia category, acknowledging its role in driving impactful initiatives that support Indonesia's infrastructure development and economic growth. Along with that, IIGF also earned the Global Branding & Marketing Gold Award in the International Recognition category, celebrating its efforts to elevate Indonesia's global presence through innovative and strategic branding. Furthermore, Best CMO Branding & Marketing Award in the Excellence in Global Branding and Marketing Strategy category appreciating the outstanding leadership of our COO, Andre Permana, PhD in crafting and executing visionary strategies to drive the company’s business forward. These awards underscore IIGF's commitment to excellence, innovation, and its pivotal role in advancing sustainable development through creative financing and strategic collaboration. Competing against 82 SOEs and their subsidiaries, these awards are a reflection of  IIGF's hard work and dedication in maintaining its credibility as a Special Mission Vehicle under the Ministry of Finance of the Republic of Indonesia, upholding its role in advancing sustainable infrastructure development through innovative financing schemes on both national and global levels. This marks IIGF's first participation in the BUMN Branding & Marketing Award. Looking ahead, IIGF is anticipated to consistently uphold and enhance its reputation at both national and global levels as a leading pioneer in creative financing for sustainable infrastructure in Indonesia.  #LeveragingSustainability