Jakarta, 1 March 2023 - In line with the implementation of the Innovative Financing scheme that has been carried out by the Government in encouraging sustainable financing for infrastructure development in the context of National Economic Recovery (PEN), PT Penjaminan Infrastruktur Indonesia (Persero)/PT PII as Special Mission Vehicles (SMV) The Ministry of Finance of the Republic of Indonesia held an INFINITY (Innovative Financing in Unity) event at the Mezzanine Hall, Ministry of Finance of the Republic of Indonesia on (1/3).
The Minister of Finance of the Republic of Indonesia (Minister of Finance) Sri Mulyani Indrawati expressed her high appreciation to PT PII, which for 13 years of existence has been actively and innovatively carrying out its role as the SMV of the Indonesian Ministry of Finance and continues to contribute well to infrastructure development in Indonesia.
"Happy birthday PT PII. Continue to develop the organization, instruments and governance. In managing risks, PT PII must be more sophisticated because the world is increasingly uncertain, there are climate changes, there are geopolitics, and many other risks. So PT PII must be more aware of the risks that are constantly changing, be able to design instruments and ways to manage risks so that the goal of building infra and beyond infra can be achieved quickly and in good quality too," said the Minister of Finance.
The Minister of Finance on that occasion also hoped that this innovative financing scheme would not only be applied to large Ministries/Institutions such as the Ministry of Public Works and Public Housing and the Ministry of Transportation, but must be transmitted to the Regional Governments. PT PII has now introduced PPP Smart HUB as a forum or platform to support small-scale PPPs and Innovative financing community as a forum for community of practice which is PT PII's commitment to continue to strengthen collaboration and cooperation with various parties supporting the provision of infrastructure that benefits the community. wide.
"Various creative innovative financing schemes must continue to be developed for relatively small projects. Like the Regent of Madiun, he started a street lighting project or also waste management. The size isn't big but for friends in the area it's big and they need it today. So now what Pak Bas and Pak Budi are doing must be transmitted to the local government so they can remain ambitious but prudent. That's important. PT PII's friends must also be agile in serving." concluded Sri Mulyani.
At the same time, the Minister of PUPR RI, Basuki Hadimuljono also expressed his appreciation to the Ministry of Finance of the Republic of Indonesia and PT PII, which have so far continued to support the Ministry of PUPR in implementing infrastructure development through an innovative financing scheme. The Ministry of Public Works and Housing also continues to explore various innovative financing innovations for infrastructure development to overcome the limitations of the State Budget in financing infrastructure development.
This was conveyed by Minister Basuki in a panel discussion with the Minister of Finance Sri Mulyani at the 13th anniversary of PT Penjaminan Infrastruktur Indonesia (PT PII) entitled Innovation Financing In Unity, Wednesday (1/3/2023). By implementing an innovative financing scheme at the Ministry of Public Works and Public Housing, it has helped to complete many major infrastructure development tasks that cannot be completed solely through state budget funding.
Through online, the Minister of Transportation of the Republic of Indonesia, Budi Karya Sumadi also expressed his appreciation for the support given by the Ministry of Finance of the Republic of Indonesia to the Ministry of Transportation in implementing innovative financing. The Ministry of Transportation hopes that the support from the Ministry of Finance, the PPP Joint Office, and PT PII can continue in assisting the Ministry of Transportation to apply innovative financing schemes to meet future infrastructure needs.
"Hopefully the collaboration that we have carried out with the Ministry of Finance and PT PII can become a model for other Ministries/Institutions in implementing innovative financing and provide maximum benefits for the people of Indonesia," explained Budi Karya.
"Since its inception until now, PT PII has received PMN of Rp. 10,655 T. On this basis, PT PII can provide guarantees, so that at the end of 2022 Rp. 95 T was used to support 48 development projects with an investment value of Rp. 497 T. By Therefore, PT PII will continue to support infrastructure development in Indonesia by expanding sectors and areas for infrastructure development, "explained Sutopo.

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