A LEADING CATALYST IN FACILITATING INDONESIA’S INFRASTRUCTURE DEVELOPMENT

Catalyzing Private Capital for The SDGs -

A Workshop On Blended Finance

3rd March 2020, Mandarin Oriental Hotel, JAKARTA

SDG Indonesia ONE

Darwin Trisna Djajawinata

Director of Project Development, Advisory and

Sustainable Finance

PT Sarana Multi Infrastruktur (Persero)

2

Innovative, Unique & Flexible Financing

Products in “closing the gap” and as complementary

to other financing

• Senior Loan,

• Subordinate/

Mezzanine,

• Equity,

Advisory & Project Development as enabler

for infrastructure investment

• Financial/Transaction Advisory, Financing

Arranger,

• PPP Development, Technical Assistance,

Capacity Building,

• Renewable Energy Project Development,

Geothermal Fund Management

Strategic Partners for domestic and

international institutions in accelerating infrastructure

development in Indonesia • Ministries/Governmental Offices, Municipalities

• Private / State Owned Entities

• FI/Banks/Private Equity, Multilateral/Bilateral,

Sovereign Wealth Fund

• Capital Market, Institutional Investors (Pension

Fund, Insurance, Social Security Funds, etc)

• Municipal Finance,

• Sustainable Financing,

• Sharia Financing

Business Pillars & Strategic Partnership

PT Sarana Multi Infrastruktur (Persero) Who we are and what we do

Non-Bank Financial Institution for Infrastructure Financing,

100% owned by Government of Republic of Indonesia through Ministry of Finance

Sectoral Focus

Social Infrastructure

Electricity

Transportation

Regional

Infrastructure

Telecom-

munication

Oil and

Gas

Train Rolling

Stock

Education

FacilitiesCorrectional

Facilities

Health (Hospital)

Tourism

Water

Resources

Wastewater

Mgmt

Drinking

WaterEnergy

Efficiency

Urban

Informatics

Sports

FacilitiesArts

FacilitiesPublic

Housing

Waste Mgmt

System

RE & Energy

Conservation

Road Irrigation

PT SMI’s advantages

Long-term financing

Innovative Financing Product

Flexible Financing Scheme

Large Multiplier effect

AAA/StableNational Rating

BBB/StableInternational Rating

USD 49.1 Billion

Total

Project Cost

21.99 times

Multiplier effect

To paid up capital

Highest rating for

local company

similar with

sovereign rating

USD 5.5 Billion Total Asset

USD 2.7 Billion Total Equity

Performance (January 2020)

“unqualified

opinion”

FS Opinion for 10

consecutive years

3

Inve

sto

rC

on

trib

uti

on

sP

rod

uc

t

Donor (Philanthropist)

and Impact/Climate

Funds

Donor, Impact/Climate

Funds and

Development Banks

Commercial Banks

and Institutional

Investors

Institutional Investor

and Developer

Equity, Equity-Linked

Investment

SDG Equity

Fund

Grant (Project Preparation,

Technical Assistance,

Research)

SDG Development

Facilities

SDG Indonesia One Provides End-to-End

Financing Support to Project Development

SDG De-Risking

Facilities

Concessional Loan, First-

Loss Facility, Interest

Subsidy, Guarantee Premium

Subsidy, VGF etc.

SDG Financing

Facilities

Senior Loan,

Subordinated Loan

SDG Indonesia One

(Managed by PT SMI)

Contributions:

Grant, Technical Assistance

Contributions:

Concessional Loan, Grant

Contributions:

Loan, Bond, Sukuk

SDG Projects(Infrastructure-related)

Objective:

Pre-construction project

development support

Objective:

Project de-risking

(improving bankability)

Objective:

Construction / post-

construction finance

Objective:

Investment in high impact /

new frontier SDG sector

Contributions:

Equity

SDG Indonesia One Blended Finance Platform to Support

the SDG Achievement in Indonesiaas of January 2020

32 Partners 3.03B USD

SDG Indonesia One Commitment

SDG Indonesia One Achievements

SDG Indonesia One Socio-Economic and Environmental Impacts

Rehabilitation and Reconstruction

Program after Natural Disaster In

Central Sulawesi

RIDF Financing for Traditional

Market Banjar Baru City

Developing Project Concept Solar PV

Rooftop in West Java

Technical Assistance FS PJU (“public

street lighting”) Project Bengkulu

Technical Assistance FS

W-t-E Plant Putri Cempo

Solo

Renewable Energy and Energy

Efficiency

Study of renewable energy power plant with capacity of 5 MWp and 7.48 MW with

the potential cost saving ±1.5 M / year; emission reduction potential (CO2)±5.867

tCO2e per year.

Public Housing 101 units temporary shelters & 218 units permanent shelters for 1.430 families

(5.780 people)

Social Infrastructure • 550 beds with the total area of the hospital ±47.535 m2

• Expanding the total area of the market: 15.400 m2 dan 172 kiosks/shops; 1

mosque.

Education 4 school buildings with 31 classes for 716 students.

Waste Management Study of potential capacity for waste processing facility: ±365.000 ton / year.

Water 2.000 families gain access to clean water

8 Partnership with SDG Centers

at Universiy

RIDF Financing for RSUD & RSK

Mata North Sulawesi

SDG Indonesia One Partners

5

Facilities

for Anutapura Local

Hospital

Installation of clean water

treatment plant

Example of SDG Indonesia One (Development Facilities):Reconstruction and Rehabilitation in Disaster Areas: Palu, Sigi and Donggala

Combination of Government and Private Funds with the Blended Finance Scheme

can be used for Infrastructure Development in Disaster Areas

Construction of Temporary SettlementStructure and Cooperation Scheme

Government Budget

Donor/PhilanthropistCooperation Agreement

Anutapura Palu City Public Hospital

School Reconstruction MA Alkhairaat Batusuyu Go’o - SD Alkhairaat Tondo –

MTs Nurul Khasanah Pengawu

Housing(Temporary Shelters & Permanent Housing)

Clean Water Treatment Plant

MosqueReconstruction

Masjid Babul KhairaatMTs Alkhairaat Baluase

Special Allocation Fund

Expenditures for medical devices

City of Palu

Project Reconstruction

Social Infrastructure Reconstruction

• Providing 101 temporary settlement for 1,212 households or

±4,608 people and 300 university students

• Providing 218 permanent housing for ±872people

Providing reconstruction of 4 schools with 31 classes for 716 students

Providing clear water with the capacity of 10liters/second for serving

2,000 household.

Impacts

Providing 100 Patient Beds, Eye Polyclinic Device (Autorefractometer),

Dental Unit, Air Conditioners, Genset and Electrical Network, as well as

other supporting devices for Anutapura Public Hospital

6

Example of SDG Indonesia One (Green Project):Mini-Hydro Power Plant in Bengkulu

Blended Finance Scheme

can be used for reducing CO2 emissionProject Air Putih Mini-Hydro Power Plant

LocationLadang Palembang, Lebong Utara,

Bengkulu

Project Cost US$ 50.44 Million

Project Description

Power generation under a run-off river scheme with annual

energy electricity of 116.42 x 106 kWh. The project will supply

electricity to the regional power network and contribute to

improving the stability and reliability of the power system.

Case: Mini Hydro Power Plant as Green Project

Decreasing of

84.000 tCO2

per year for 21MW installed mini-

hydro power plant

En

vir

on

me

nta

l

Imp

ac

t

Grant

Loan

Structure and Cooperation Scheme

Mini-Hydro

Power PlantDe-risking

7

Collaboration Scheme: Slum Area Upgrading in Semarang CityCollaboration of grant fund channeling from PT SMI (Persero) and PT SMF (Persero)

Collaboration between SMVs (Special Mission Vehicles) to give impacts to community

Structure and Cooperation Scheme

Grant

Grant

Sekar Kananga

Community

Individual

Batik Village

Waste Management and communal

water sanitation development

House Upgrading

Grant

Soft Loan

Community Self-Reliance Agency

SDG Targets

Slum Area Upgrading

Semarang City, Central Java:

• Rejomulyo District (house upgrading and communal

wastewater treatment plant development in Batik Village)

• Melati Baru District (sanitation development)

• House Upgrading for 40 houses (200 persons)

• Communal water sanitation development for 20 households

• Batik wastewater treatment plant for 10 Batik’s SMEsImpact

Location

Program

A LEADING CATALYST IN FACILITATING INDONESIA’S INFRASTRUCTURE DEVELOPMENT

@ptsmi

ptsmi_id

PT Sarana Multi Infrastruktur (Persero)

Indonesia Infrastructure Library

infralib.ptsmi.co.id

Thank You!

PT Sarana Multi Infrastruktur (Persero)Sahid Sudirman Center, Lantai 47-48

Jl. Jenderal Sudirman No. 86

Jakarta 10220, Indonesia

Telepon : (62-21) 8082 5288 (hunting)

Faksimile : (62-21) 8082 5258

Situs Web : www.ptsmi.co.id

Surel : corporatesecretary@ptsmi.co.id

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