PT Penjaminan Infrastruktur Indonesia (Persero)/PT PII participated in the Roundtable Discussion with the theme "Breaking barriers - Scaling the sustainable finance agenda in Asia-Pacific" organized by The Assets on 5 May 2023 in Incheon, South Korea. This activity is a series of The 56th Annual Meeting of the Asian Development Bank (ADB) which was held from 2 to 5 May 2023 in the same city. On this occasion, the Main Director of PT PII, M. Wahid Sutopo was one of the panelists along with Suzanne Gabour - Director General Private Sector Operations Department of ADB, Kavita Sinha - Director Private Sector Facility Green Climate Fund, Jeffrey Lee - Vice President Sustainable Finance Regional Manager APAC Moody's Investors Service, Rajeev Kannan - Managing Executive Officer & Co- Head Of The Asia Pacific SMBC and Jason Brett Pellmar - Regional Head Of Infrastructure, South Asia, International Finance Corporation.

The Assets Roundtable Discussion activity with the theme "Breaking barriers - Scaling the sustainable finance agenda in Asia-Pacific" has become a forum for discussion about the economy in Asia-Pacific, which in the last 3 years has felt the heaviest impact of the global health emergency after the Covid-19 pandemic and is on the rise by carrying out effective cooperation between the government and the private sector to design economic recovery to restore the region's title as the region with the fastest development growth in the world.

Main Director of PT PII, M. Wahid Sutopo said that according to his mandate as the Special Mission Vehicle (SMV) of the Ministry of Finance of the Republic of Indonesia, PT PII continues to be committed to supporting sustainable infrastructure development, especially in the context of equitable distribution of infrastructure development in Indonesia which is currently still a challenge, along with post-Covid-19 economic recovery. One way to answer this challenge is to support innovative financing not only for large infrastructure projects but also for small-scale regional projects at the district level, which has been realized in Madiun Regency with the Public Private Partnership (PPP) project for Lighting Equipment. Road (APJ). APJ's small-scale project is a form of PT PII's commitment to support sustainable finance, in which this project fulfills the ESG aspect with the green energy it carries.

"With this success story, PT PII has invited other city and district governments to be able to participate in carrying out the development of other small projects with the PPP scheme. We continue to strive to assist local governments, private parties, investors/lenders and related stakeholders in capacity building to approach from the regulatory side to continue implementing the small-scale PPP.” Sutopo said.

In addition, Sutopo also said that the potential and opportunities for cooperation from green financing in Indonesia are very large, so that PT PII is committed to continuing to increase understanding through various capacity building programs to attract potential investors to invest in accelerating infrastructure development in Indonesia.

"In order to support sustainable finance, PT PII always ensures that every project that will be supported can meet the principles of sustainability, where we have indicators from the Environment, Social and Governance (ESG) side that need to be met by a project to help guarantee that we do. "By paying attention to meeting the ESG criteria from the start, it is hoped that this will attract more investors and make it easier and cheaper to obtain financing," he added.

Apart from participating in the discussion agenda, in the series of The 56th Annual Meeting of ADB, the Main Director of PT PII also held several meetings with stakeholders, one of which was with ADB Indonesia, where ADB has played an active role in supporting financing in various infrastructure projects, to discuss various future potentials, especially to support infrastructure projects in accordance with the principles of sustainability.

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