INDUSTRY.co.id - Jakarta - First half of 2017, PT Sarana Multi Infrastruktur (SMI) successfully incised a net profit increase of 2.8%. Based on the release of SMI to the media in Jakarta, Friday (4/8/2017), SMI net profit on June 30, 2017 reached Rp707, 4 billion. This profit rose from the same period in 2016 amounting to Rp688 billion.

This achievement is followed by growth in company assets which rose 5.83% compared to the realization at the end of December 2016. The figure moved from Rp44.3 trillion to Rp46.9 trillion at the end of June 2017.

Since its establishment in 2009, SMI, which is a state-owned enterprise under the coordination of the Ministry of Finance, is believed to be a catalyst for national infrastructure development through the provision of financing facilities.

Along the way, SMI also gained confidence to expand services in the provision of consulting and project development services.

Until June 2017, SMI has committed infrastructure financing worth Rp 50.2 trillion. It consists of loans to corporations, local governments and equity participation. The commitment was given to support infrastructure development in Indonesia with a total project value of Rp264.5 trillion.

In addition, SMI becomes the guarantor for several national strategic projects so as to achieve financial closing stages, such as the project Palapa Ring and Umbulan SPAM which was delayed for a long time.

Through these services, PT SMI realizes its commitment as a catalyst for the acceleration of national infrastructure development, through the provision of integrated and customized services.