Indonesia: State-owned investment co SMI extended $934.9m for infrastructure funding in 2015

Indonesia: State-owned investment co SMI extended $934.9m for infrastructure funding in 2015

President Director of PT Sarana Multi Infrastruktur Emma Sri Martini

Indonesia’s state owned investment company PT Sarana Multi Infrastruktur (SMI) has extended Rp13 trillion ($934.9 million) in loans to support infrastructure projects in the country in 2015. This is much higher than the company’s original target of Rp9.7 trillion ($697.6 million).

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