IIF secures $75 million in new funding to boost infrastructure financing

By Romel S. Gurky

Indonesia Infrastructure Finance (IIF) has secured fresh funding facilities totaling about Rp1.3 trillion (approximately $75.1 million) in early 2026, as it seeks to expand lending for infrastructure projects.

The facilities include a Rp500 billion (about $28.9 million) term loan from PT Bank Mandiri (Persero) Tbk, signed on April 22 in Jakarta, and a $30 million loan from FinDev Canada.

IIF also secured an extension of an existing Rp300 billion (about $17.3 million) facility from PT Bank BNP Paribas Indonesia.

The financing package is part of IIF’s strategy to strengthen its funding base and support the development of sustainable infrastructure projects across Indonesia.

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The company said it is also in the process of raising additional funding of up to Rp5 trillion (about $289.0 million) to support its project pipeline and reduce financing costs.

Established in 2010, IIF is a privately managed non-bank financial institution focused on commercially viable infrastructure financing and advisory services. Its shareholders include PT Sarana Multi Infrastruktur (Persero), Asian Development Bank, International Finance Corporation, DEG and Sumitomo Mitsui Banking Corporation.

IIF plays a key role in channeling long-term financing into infrastructure sectors such as energy, transport and water, as Indonesia seeks to accelerate development and attract private investment.

Editing by Alexander Ginting