PT PII Guarantees 60 Projects, Delivering Rp700 Trillion in Investment Without Straining the State Budget

PT Penjaminan Infrastruktur Indonesia, or PT PII (Persero), which operates under the control of the Ministry of Finance, announced that it has been able to provide 60 infrastructure project guarantees to date, which has boosted investor confidence to place funds in domestic development projects. Interim President Director Andre Permana said the 60 infrastructure project guarantees consist of 37 projects undertaken with the Government-Public-Private Partnership (KPBU) scheme, with the remainder guaranteed for credit to State-Owned Enterprises (BUMN), totaling an investment of Rp 713 trillion and guarantees valued at Rp 115 trillion. ‘And this has already provided a good leverage in terms of how much investment has been generated; total investment has surpassed Rp 700 trillion,’ Andre said on CNBC Indonesia’s Fiscal Focus programme, quoted on Thursday, 5 March 2026. He explained that the projects guaranteed by PT PII have the potential to drive Indonesia’s economic growth, while also supporting the government’s focus on food security, energy, and water programmes. ‘The hope is that this can continue while maintaining the APBN so that it is more sustainable, and the government can continue realising its priority programmes without being constrained by APBN limitations,’ he emphasised. Director of State Financial Risk Management, DJPPR, Kementerian Keuangan, Tony Prianto, underlined that PT PII’s guarantee scheme is a government approach to seeking creative financing, allowing development to proceed quickly despite limited fiscal capacity. ‘The aim is to attract private sector chip-in because we are aware of the need for infrastructure development; the funding envelope from the APBN is large but limited,’ Tony said. He affirmed that the national guarantee scheme for various infrastructure projects through PT PII significantly reduces risk to the APBN, because funds are now managed effectively by PT PII. If a project requires a claim on guarantee funds, PT PII is able to anticipate this directly. ‘Its function is to derisk risks on infrastructure projects to bolster confidence from investors and lenders to participate in our infrastructure projects,’ Tony concluded.