SOUTHEAST ASIA CONSTRUCTION17 Nov 2025
PT Sarana Multi Infrastruktur to finance road project in Bali, Indonesia

PT Sarana Multi Infrastruktur (Persero) (PT SMI) has announced that it will provide a IDR 2.83 trillion loan for a road construction project in Badung Regency, Bali, Indonesia. This financing agreement was signed on 30 October 2025 by PT SMI and the Badung Regency Government.

“As a finance institution supporting sustainable development, we always continue to strengthen our commitment to finance regional projects including strategic projects which have long-term economic, social and environmental impacts. Through this partnership, PT SMI is also helping to promote regional development, strengthen local revenue and enhance Badung’s competitiveness as an international tourist destination,” said Reynaldi Hermansjah, president director of PT SMI.

The funding is part of the road infrastructure development acceleration programme championed by the Badung Regency Government in the Regional Medium-Term Development Plan (RPJMD 2025–2029), with a total project value reaching IDR 15 trillion.

"By signing this MOU, we are ensuring that infrastructure development in Badung is not just a political promise, but a real development strategy that will have a cross-generational impact. The road built today is a fast track to a more prosperous, connected and world-class future for Badung," said Badung Regent, I Wayan Adi Arnawa.

With the regional loan scheme from PT SMI, the construction project for nine strategic road sections featuring a total length of 11.8 km in North Kuta and South Kuta can start soon. When completed, this road project will eventually generate several social and economic impacts, including improved community welfare through job creation, increased mobility and reduced congestion; increase in hotel and restaurant tax revenue; and also reduction in travel time and transportation costs for tourists, boosting the productivity of the tourism and service sectors.