PT Indonesia Infrastructure Finance (IIF) continues to strengthen its strategic role in supporting the growth of Indonesia’s digital economy. As a catalyst for sustainable infrastructure development, IIF has disbursed over IDR 3.1 trillion in financing for the telecommunications and information sectors by 2024. In an era of accelerating digital transformation, digital infrastructure is the backbone of economic progress. According to the e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company, Indonesia’s digital economy gross merchandise value (GMV) is expected to grow from USD 80 billion in 2023 to USD 90 billion in 2024, with projections reaching USD 360 billion (IDR 5,680 trillion) by 2030.
IIF’s Chief Investment Officer, M. Ramadhan Harahap (Idhan), stated that IIF has financed strategic digital projects, including undersea fiber optic cables linking Jakarta and Singapore, BTS towers, data centers, and satellites. A recent concrete step was IIF’s participation as a lead arranger in a syndicated loan agreement worth IDR 10 trillion with PT Smartfren Telecom Tbk and PT Smart Telecom (Smartel), contributing IDR 500 billion. Idhan emphasized that digital infrastructure development significantly reduces the digital divide between urban and rural areas. With more equitable internet access, remote communities now have greater opportunities in education, healthcare, and the economy. “Through inclusive infrastructure, we are not only building connectivity but also strengthening the resilience and competitiveness of Indonesia’s digital economy,” he concluded.
Source:
https://keuangan.kontan.co.id/news/langkah-strategis-iif-dalam-mendukung-ekonomi-digital-nasional