JAKARTA - Angkasa Pura Airports obtain financial support in the form of loans syndicated from three banks and two non-bank financial institutions amounting to 4 trillion IDR to support the development of the five airports of Angkasa Pura Airports.
Syndication creditors are PT Sarana Multi Infrastructure (Persero) (SMI), PT Bank Mandiri (Persero) Tbk. (Independent), PT Bank Central Asia Tbk. (BCA), PT Indonesia Infrastructure Finance (IIF), and PT Bank Rakyat Indonesia (Persero) Tbk. (BRI). The signing of this syndicated loan made by the Director of Angkasa Pura I Sulistyo Wimbo Hardjito, Director of SMI Emma Sri Martini, Vice President Director of Mandiri Bank Sulaiman A. Arianto, Director of BCA Bank Rudy Susanto, President Director of IIF Ari Soerono, and the Director of BRI Bank Kuswiyoto, held at The Dharmawangsa, Jakarta, Thursday (18/8).
Director of Angkasa Pura Airports Sulistyo Wimbo Hardjito explained that the credit facility amounting to 4 trillion IDR with tenor of 15 years with a grace period of 5 years is part of the fulfillment of the funding plan for airport development Angkasa Pura Airports in the 2016's. "In 2016 we need external funding of 7 trillion IDR, 4 trillion IDR met through syndicated loans and 3 trillion IDR rest of the bond issuance," said Wimbo.
Angkasa Pura Airports plan needs external funding period 2016-2020 amounting to 25 trillion IDR in financing capital expenditure (capex). These funds will be met through investment credit loans from banks and non-bank financial institutions amounting to 10.5 trillion IDR and issuance of 14.5 trillion IDR. The external funding needed by Angkasa Pura I's construction and development of the five airports, namely Ahmad Yani Airport in Semarang that require targeted investment of 2.1 trillion IDR and operations in 2018, Banjarmasin Syamsudin Noor Airport (2.3 trillion IDR / 2019), New Airport Yogyakarta (9 ,3 trillion IDR/ 2020), Juanda Airport Terminal 3 (9.1 trillion / 2020), and Sultan Hasanuddin Airport in Makassar (Rp3.6 trillion / 2020), as well as regular investment.
"The construction and development of airports are urgently needed because already experiencing lack of capacity. It is also intended to improve the quality of service (level of service), user satisfaction airport services (customer satisfaction index / CSI), as well as to keep pace with the growth of the aviation industry national, "added Wimbo.
"SMI as a catalyst of development of infrastructure in the country fully supports the development plans and airport development undertaken by Angkasa Pura I. We are ready to work together with other banks and support Angkasa Pura Airports as the company's high-performance airport management," said Emma Sri Martini, Managing Director SMI.
While Sulaiman A. Arianto, Vice President Director of Bank Mandiri, said that it was ready to support infrastructure development in Indonesia. As this is done, through financing for airport construction and development Angkasa Pura Airports, we are also ready to finance inter-institutional synergy through syndicated financing or other types to support the acceleration of economic growth in Indonesia," he said.
"We understand the needs of Angkasa Pura Airports that want to bring the airport with the best quality service and international standards. Airport is a representation of leading this nation and should be developed so as to ensure that any airport users will receive service of international standard. BCA sure this participation helped the Indonesian government increase economic value that benefits the national economy, "adds Rudy Susanto Director of BCA Bank.
Meanwhile, President Director of IIF Ari Soerono stated that as one of the strategic infrastructure, the construction of an airport infrastructure project should apply the principles of management and prioritizing social and environmental sustainability. "This is in line with the principle of social and environment imposed by IIF that any project financed by the IIF should be partly responsible for the social and environmental conditions that participated impacted on the infrastructure. IIF is always ready to provide guidance fully to Angkasa Pura Airports in social and environmental issues, "he said.
"This cooperation is a form of synergy and BRI support for Angkasa Pura Airports in order to promote infrastructure development in Indonesia. Construction and development of the airport will greatly help drive the national economy," said director of BRI Bank Kuswiyoto. [*]
