SIG: People's Schools Programme to Giant Sea Wall Driving Cement Demand
Jakarta (ANTARA) - PT Semen Indonesia (Persero) Tbk (SMGR), or SIG, has stated that various strategic government programmes, from the People’s Schools initiative to the construction of the giant sea wall (GSW), are driving cement demand.
“We are optimistic that the cement industry will have positive prospects. This is because it is supported by government programmes that act as drivers for cement demand,” said SIG President Director Indrieffouny Indra at the Public Expose Live 2026 press conference in Jakarta on Tuesday.
Arif, as he is affectionately known, explained that the government programmes currently under way include the three million houses programme, the development of Red and White Village Cooperatives, Red and White Fishermen’s Villages, and the People’s Schools.
In addition, he said, construction of the Giant Sea Wall is also planned to begin this year.
“It is further supported by industrial investment and downstream processing, as well as development by the private sector covering residential areas, commercial areas, and data centres,” Arif said.
Arif believes all of this development will drive the growth of the national cement industry.
Arif also noted that Semen Indonesia’s operations are supported by an extensive distribution network across Indonesia, reaching even remote regions.
In the first half of 2026, SIG recorded a sales volume of 18.28 million tonnes with revenue of Rp17.65 trillion. This sales volume rose 5.6 per cent compared with the same period last year, which stood at 17.31 million tonnes.
Company data showed that domestic sales in the period grew 9.7 per cent year on year, driven mainly by the bagged cement segment, which rose 11.2 per cent.
SIG previously repaid its Phase I 2022 Series A Sustainable Bonds II in November 2025 and its Phase II 2019 Series B Sustainable Bonds I in May 2026.
SIG also recorded a reduction in the company’s financial obligations of Rp2.3 trillion between January and July 2026. The company said this condition also lowered its interest-bearing liabilities and financial expenses.