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flag Indonesia’s state-owned lender SMIF marked its 17th anniversary, having funded projects worth Rp1,183 trillion and creating 10.9 million jobs.

flag PT Sarana Multi Infrastruktur (Persero), Indonesia’s state-owned development finance institution, marked its 17th anniversary on February 26, 2026, highlighting its role in driving sustainable, inclusive growth. flag Over 17 years, it has disbursed Rp274.96 trillion in financing, supporting projects valued at Rp1,183 trillion, contributing an estimated Rp1.16 quadrillion to the economy and creating 10.9 million jobs. flag The event, held at the Ministry of Finance’s Dhanapala Building and including a joint iftar, featured Deputy Minister Juda Agung, who urged stronger impact measurement, expanded use of blended finance for green and social projects, and strict adherence to corporate governance. flag The company reaffirmed its mission as a strategic partner for local governments and a catalyst for long-term national development.

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