PT Penjaminan Infrastruktur Indonesia

What PT Penjaminan Infrastruktur Indonesia does

PT Penjaminan Infrastruktur Indonesia (PT PII), also known as Indonesia Infrastructure Guarantee Fund (IIGF), is a state-owned enterprise (BUMN/Persero) and Special Mission Vehicle (SMV) of the Indonesian Ministry of Finance, headquartered at Capital Place Office Tower in South Jakarta. Founded in 2009 with operations beginning in 2010, the company's mandate is to bridge Indonesia's infrastructure financing gap by providing government-backed credit enhancement for Public-Private Partnership (KPBU/PPP) projects, enabling private capital to participate in national infrastructure development despite constrained government budgets.

The company's core product is the Penjaminan Pemerintah (PPP Guarantee), which de-risks infrastructure projects to make them bankable for private investors and lenders. It also offers Penjaminan Pinjaman Langsung (Direct Lending Guarantees) for state-owned enterprises, Pembiayaan Kreatif (Creative Financing) structures, and Persiapan dan Pendampingan Proyek (Project Preparation and Advisory) services, the last often supported by Ministry of Finance facilities such as the Project Development Facility (PDF) and Viability Gap Fund (VGF). The IIGF Institute operates as a wholly-owned knowledge management subsidiary focused on PPP capacity building and thought leadership. The company's underlying technology is financial engineering — risk allocation models, structuring frameworks, and credit enhancement instruments — rather than physical technology products. Cumulative scale includes 61 guaranteed projects with total project value of Rp 732 trillion (~USD 46.4 billion) and total guarantee value of Rp 113 trillion (~USD 7.2 billion) across roads, telecommunications, and waste management sectors.

PT PII monetizes primarily through guarantee fees charged to project companies (Badan Usaha), negotiated bilaterally on a project-by-project basis, supplemented by transaction advisory and project preparation fees (often tied to MoF-funded facilities) and direct lending guarantee fees for SOEs. Pricing is not publicly disclosed. Its go-to-market is exclusively direct institutional engagement — consultative, project-specific, and bilateral — with central ministries (Finance, Bappenas, line ministries), provincial and district governments, and selected private project companies emerging from PPP tender processes. Customers span central and regional government entities, private infrastructure developers and investors, and Indonesian state-owned enterprises. The company has 101–250 employees and is wholly owned by the Government of Indonesia through the Ministry of Finance.

Name

PT Penjaminan Infrastruktur Indonesia

Legal name

PT Penjaminan Infrastruktur Indonesia (Persero)

Website

https://ptpii.co.id

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Penjaminan Infrastruktur Indonesia (PT PII) is the Indonesian Ministry of Finance's Special Mission Vehicle providing government-backed guarantees, project preparation, and transaction advisory for Public-Private Partnership (KPBU) infrastructure projects, serving central and regional governments, private developers, and state-owned enterprises across roads, telecommunications, and waste management.

Ownership category

akta.pro rank

Product category

Infrastructure Guarantee / Public-Private Partnership (PPP) Risk Mitigation

NAICS

Public Administration (92), Executive, Legislative, and Other General Government Support (921), Insurance and Employee Benefit Funds (5251)

akta.pro primary industry

Real Assets — Social Infrastructure / PPP (Schools, Hospitals, Government Facilities) (FSAHAIAH)

akta.pro secondary industries

Project Preparation Facilities & Technical Assistance Windows (BPADAOAI), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

Keywords

• Infrastructure guarantee services
• Public-private partnership
• Project finance advisory
• Credit risk mitigation
• Sovereign-backed guarantees

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Infrastructure Project Guarantees: PT PII earns guarantee fees from providing government-backed guarantees that de-risk PPP infrastructure projects, making them bankable and attractive to private investors and lenders. Fees are charged to project companies (Badan Usaha) as compensation for credit risk coverage.
2. Transaction Advisory and Project Preparation Services: PT PII provides project preparation, transaction advisory, and capacity building services for KPBU projects, often supported by Ministry of Finance facilities such as Project Development Facility (PDF) and Viability Gap Fund (VGF), as part of its mandate to develop Indonesia's PPP ecosystem.
3. Direct Lending Guarantees for SOEs: In addition to PPP guarantees, PT PII executes guarantees for SOEs using direct lending schemes and financing guarantees with special government assignments, including Corporate Guarantees under the National Economic Recovery (PEN) program.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

PT Penjaminan Infrastruktur Indonesia (PT PII) provides government-backed infrastructure guarantees for Public-Private Partnership (KPBU/PPP) projects in Indonesia, reducing credit risk for lenders and private investors. Its offering includes PPP guarantees, creative financing schemes, direct lending guarantees for State-Owned Enterprises (SOEs), and project preparation and transaction advisory services supported by Ministry of Finance facilities such as the Project Development Facility (PDF) and Viability Gap Fund (VGF).

Product overview

PT Penjaminan Infrastruktur Indonesia (PT PII/IIGF) operates as a Special Mission Vehicle (SMV) of the Indonesian Ministry of Finance, offering a comprehensive ecosystem of infrastructure guarantee and financing services. The core portfolio consists of government guarantees (PPP Guarantee) and credit guarantees for infrastructure projects, supported by creative financing solutions and project preparation/advisory services. The IIGF Institute serves as the knowledge management arm, providing PPP expertise and capacity building. Together, these offerings enable private sector participation in national infrastructure development through risk mitigation, transaction support, and advisory services.

Differentiator

Problem solved

Functional benefit

Products and services

• Penjaminan Pemerintah (PPP Government Guarantee)

Quantifiable outcome

• 61 guaranteed infrastructure projects with a total project value of Rp 732 Trillion and total guarantee value of Rp 113 Trillion.
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Infrastructure Asia (Infra Asia)coreStrategic or Co-development Partner · 16 June 2026PT PII executed a MoU Exchange with Infrastructure Asia at the Asia Infrastructure Forum (AIF) 2026 in Singapore. The partnership aims to strengthen the sustainable infrastructure development ecosystem in Southeast Asia by facilitating collaboration between governments, investors, financial institutions, and industry players. The collaboration is focused on promoting climate-resilient infrastructure investments and creating conducive conditions for quality infrastructure project development across the region.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Africa Finance Corporation (AFC): Multilateral development finance institution providing project finance, credit enhancement, and guarantees for African infrastructure — emerging-market comparable to PT PII in mobilizing private capital for bankable infrastructure projects.

Broad incumbents

• China Development Bank (CDB): China's policy bank providing large-scale infrastructure project finance and credit enhancement — vastly larger scale but structurally analogous sovereign-backed role in underwriting infrastructure bankability.
• Japan Bank for International Cooperation (JBIC): Japanese policy-based financial institution supporting overseas infrastructure and PPP investments — provides credit enhancement and guarantees for cross-border infrastructure, comparable to PT PII's emerging regional ambitions.
• International Finance Corporation (IFC): World Bank Group private-sector arm mobilizing capital for emerging-market infrastructure — comparable role in providing credit enhancement and crowding-in private investment into PPPs in developing economies.
• Brazilian Development Bank (BNDES): Large state-owned development bank financing infrastructure and PPP projects across Brazil — much broader mandate than PT PII but comparable in being a sovereign-backed institutional financier of national infrastructure.

Direct peers

• Multilateral Investment Guarantee Agency (MIGA): World Bank Group member that provides political risk insurance and credit guarantees to foreign investors in emerging-market infrastructure — same credit-enhancement function for infrastructure PPPs as PT PII.
• Danajamin Nasional Berhad: Malaysia's government-backed financial guarantee institution providing credit enhancement for infrastructure and corporate financings — directly comparable sovereign guarantee franchise in a neighboring Southeast Asian market.
• India Infrastructure Finance Company Limited (IIFCL): India's dedicated government-backed infrastructure finance institution providing debt and credit enhancement for PPP projects — operates a structurally similar mandate to PT PII in supporting bankability of national PPP infrastructure.
• Korea Infrastructure Finance Corporation (KIF): South Korean government-backed infrastructure finance institution focused on PPPs and project finance — comparable mandate, capital structure, and project preparation/credit enhancement functions to PT PII.

Regional players

• Public-Private Partnership Center of the Philippines: Philippine government agency coordinating PPP project preparation and advisory — shares PT PII's mandate for project preparation, transaction advisory, and capacity building for PPPs in a neighboring ASEAN market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ptpiichannel7267
• Instagraminstagram.com/pii_persero
• TikToktiktok.com/@pii_persero
• Xx.com/PII_Persero

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Penjaminan Infrastruktur Indonesia