BRI Leads Syndicated Financing for Major Infrastructure Project

Project Overview

PT Bank Rakyat Indonesia (Persero) Tbk (BRI) has successfully participated in a significant Rp 2.2 trillion syndicated financing for the Flyover Sitinjau Lauik project in West Sumatra. This infrastructure development is part of a government and business entity cooperation (KPBU), demonstrating the growing role of public-private partnerships in Indonesia's infrastructure development.

Financial Structure

The syndicated financing facility was led by BRI acting as Joint Mandated Lead Arranger and Bookrunners (JMLAB) alongside other major financial institutions including PT Bank Negara Indonesia (Persero) Tbk (BNI) and PT Sarana Multi Infrastruktur (SMI). Other participating banks in the syndicate included PT Bank Syariah Indonesia Tbk (BSI), PT Bank Tabungan Negara (Persero) Tbk (BTN), and Bank Nagari.

Project Significance

The Flyover Sitinjau Lauik project is designed to improve safety and enhance connectivity on the critical Padang-Solok transportation route. As a key infrastructure development, it represents a significant investment in regional connectivity and safety improvements. The project's successful financing demonstrates the banking sector's support for strategic infrastructure initiatives.