EDC and PT Sarana Multi Infrastruktur (Persero) partnership to accelerate Indonesia’s energy transition and infrastructure development

OTTAWA, ON, Feb. 22, 2024 /CNW/ – Export Development Canada (EDC) and PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) have announced the signing of a new Memorandum of Understanding (MoU) to increase collaboration in support of Indonesia’s growing needs for infrastructure development and energy transition to Net Zero Emissions.  

The MoU, which was signed by both parties at a PT SMI Donor Coordination Meeting in Jakarta, will facilitate and deepen Canadian participation in Indonesia’s infrastructure project development, as well as to connect technology experts and investors with projects and project developers in Indonesia. The MoU foresees joint outreach and knowledge sharing between Canadian exporters and Indonesian key stakeholders, as well as the joint financing of projects with Canadian participation.

 “PT SMI has extended the number of strategic partners, to leverage the innovative range of partnerships,” said Edwin Syahruzad, President Director of PT SMI. “Further, our commitment to sustainability extends beyond financing, as we actively engage with stakeholders to also foster knowledge exchange, and advocate for policy reform that support the energy transition process.”

Through the MoU, EDC brings financing and structuring expertise, as well as deep relationships with Canadian technology providers, exporters and investors. …

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