{
    "success": true,
    "data": {
        "id": 1606448,
        "msgid": "pt-smi-marks-17-years-as-development-finance-institution-and-national-catalyst-1773269746",
        "date": "2026-03-11 11:21:24",
        "title": "PT SMI Marks 17 Years as Development Finance Institution and National Catalyst",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Finance",
        "summary": "PT Sarana Multi Infrastruktur (PT SMI), a state-owned development finance institution under Indonesia's Ministry of Finance, celebrated its 17th anniversary on 26 February 2026, having disbursed Rp274.96 trillion in financing with a total project value of Rp1.183 quadrillion and created approximately 10.9 million jobs. Deputy Minister of Finance Juda Agung called for PT SMI to sharpen its impact framework beyond project completion, emphasising that the institution must demonstrate tangible changes in community quality of life whilst maintaining strict corporate governance standards.",
        "content": "<p>Jakarta, Indonesia (ANTARA\/PRNewswire)- PT Sarana Multi Infrastruktur\n(Persero) (\u201cPT SMI\u201d) celebrate its 17th anniversary on February 26,\n2026. In nearly two decades, PT SMI has continued to strengthen its role\nas a Special Mission Vehicle (SMV) under the Ministry of Finance of the\nRepublic of Indonesia while also transforming into a Development Finance\nInstitution (DFI). As a moment of reflection, PT SMI held its 17th\nAnniversary Celebration on Thursday, February 26, 2026, at the Dhanapala\nBuilding, Ministry of Finance. The event was also combined by a joint\niftar as a gesture of gratitude for the company\u2019s journey and\ncontributions to national development. The event was attended by the\nDeputy Minister of Finance, Juda Agung, as well as officials within the\nMinistry of Finance, the management and commissioners of PT SMI, and\nstrategic stakeholders.<\/p>\n<p>The momentum of the celebration, which took place in a spirit of\ntogetherness, also reaffirmed PT SMI\u2019s commitment to continue\nstrengthening its strategic role in supporting the national development\nagenda, sustainably and evenly across Indonesia. Carrying the theme\n\u201cDelivering Impact, Driving Sustainability,\u201d PT SMI hopes to continue\nigniting the spirit of transformation in supporting the acceleration of\nnational development that is impactful, inclusive, and sustainable.<\/p>\n<p>The President Director of PT SMI, Reynaldi Hermansjah, stated that\nthe 17-year milestone reflects the Company\u2019s consistency and resilience\nin supporting the national development agenda. \u201cThis milestone is not\njust a commemoration of age but a reflection of dedication, learning,\nand commitment that continues to be strengthened to deliver real impact\nfor national development. During its 17-year journey, PT SMI has played\na role as a catalyst for development, a strategic partner to local\ngovernments, and a driver of a sustainable development financing\necosystem. On this 17th Anniversary celebration, we have chosen the\ntheme \u2018Delivering Impact, Driving Sustainability\u2019 as a reflection of our\ncommitment to ensuring that every role and contribution made can provide\nmeaningful and long-term benefits for the Indonesia,\u201d said Reynaldi.<\/p>\n<p>Over its 17 years of operation, PT SMI has disbursed financing\namounting to Rp274.96 trillion with a total project value financed\nreaching Rp1,183 trillion. These figures are not just statistics, but a\nreflection of real involvement in the socio-economic life of the\nIndonesian people. The financial contributions made by PT SMI\ndemonstrate a tangible impact on the national economic structure.<\/p>\n<p>In aggregate, PT SMI\u2019s financing is estimated to contribute Rp1,160\ntrillion. When calculated in the context of labor, this commitment has\ncreated jobs for 10.9 million people in various fields, from\nconstruction to project operations. Those values indicate that PT SMI\u2019s\nrole is aligned with efforts to drive national economic growth.<\/p>\n<p>On the same occasion, the Deputy Minister of Finance, Juda Agung,\nalso delivered a special message and direction to PT SMI. \u201cImpact cannot\nbe abstract. We hope that PT SMI\u2019s financing in the future must have a\nsharper impact framework. Don\u2019t be easily satisfied just because the\nproject is completed or the money has been disbursed, but the most\nimportant thing is what changes have been produced and how it impacts\nthe community and their quality of life,\u201d said Juda.<\/p>\n<p>Furthermore, Juda also hopes that PT SMI will utilize blended finance\nfor funding sustainable and social projects. Juda appreciates PT SMI\u2019s\ngreen financing portfolio, which has reached Rp36.5 trillion by the end\nof 2025. However, Juda also reminded that the Company should not\ncompromise in maintaining good corporate governance. The Deputy Minister\nof Finance hopes that PT SMI always adheres firmly to the principles of\ngood governance and maintains integrity in every aspect of its business\nand operations.<\/p>\n<p>Entering its 17th year, PT SMI reaffirms its commitment to continue\ndemonstrating growth and tangible contributions in carrying out its\nmandate, as reflected in the various multiplier effects felt by the\ncommunity. This 17-year milestone is an important moment for PT SMI to\ntake further steps as a resilient, adaptive, and cross-generational\nnational development institution.<\/p>\n<p>About PT Sarana Multi Infrastruktur (Persero) (\u201cPT SMI\u201d)<\/p>\n<p>PT Sarana Multi Infrastruktur (Persero) (\u201cPT SMI\u201d) established on\nFebruary 26, 2009, is a State-Owned Enterprise under the coordination of\nthe Ministry of Finance in the form of a Non-Bank Financial Institution\n(LKBB). PT SMI plays a role and has a mandate as an agent of sustainable\ndevelopment. PT SMI has 3 business pillars, namely Commercial Financing,\nPublic Financing, and Consulting and Project Development Services.<\/p>\n<p>PT SMI has various functions and unique products\/features to support\nthe acceleration of infrastructure development that not only serves as\ninfrastructure financing but also as an enabler through the\nimplementation of the Government and Business Entity Cooperation (KPBU)\nscheme, which involves various financial institutions, both private and\nmultilateral. PT SMI actively supports the implementation of Public\nPrivate Partnership (PPP) and encourages the acceleration of\ninfrastructure development in the regions through regional loan\nproducts.<\/p>\n<p>Source: PT Sarana Multi Infrastruktur (Persero)<\/p>\n<p>17 Years of PT SMI: Strengthening Transformation as a DFI and a\nCatalyst for National Development<\/p>\n<p>March 11, 2026 11:04 GMT+700<\/p>\n<p>(From left to right) President Commissioner of PT SMI, Andin\nHadiyanto, President Director of PT SMI, Reynaldi Hermansjah, Deputy\nMinister of Finance, Juda Agung, and Director General of State Assets of\nthe Ministry of Finance, Rionald Silaban celebrate PT SMI\u2019s 17th\nanniversary<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/pt-smi-marks-17-years-as-development-finance-institution-and-national-catalyst-1773269746",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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