PT SMI lends Rp 450B for infra development

PT Sarana Multi Infrastruktur (SMI) has approved the loan application of Musi Banyuasin (Muba) Regent amounting to Rp 450 billion. The loan is for the acceleration of development and improvement of infrastructure in Musi Banyuasin. Musi Banyuasin Regency in South Sumatra is the first area to utilize PT SMI facilities for infrastructure development. With the loan from PT SMI, both parties are optimistic that infrastructure improvements can be completed within two years. Also, in line with the approved loan, Muba Regent’s Dodi Reza Alex and PT SME Director of Financing and Investment, Edwin Syahruzad, recently signed a road and bridge financing agreement.