PT Penjaminan Infrastruktur Indonesia (Persero) or PT PII has provided guarantees for 55 infrastructure and non-infrastructure projects in Indonesia with a guarantee value of IDR 112 trillion out of an investment value of IDR 573 trillion until October 2025.
Of these, 37 projects are under government-to-business partnership (KPBU) schemes with a guaranteed value of IDR 84 trillion and an investment of IDR 323 trillion, while the other 18 projects come from non-KPBU guarantee schemes.
"Of the guarantees we have prepared, worth more than Rp110 trillion, thank God, we have been able to attract private sector investment, amounting to approximately Rp600 trillion, or around Rp573 trillion," said Acting President Director of PT PII Andre Permana in Karawang on Tuesday.
