Our History
The Non-Government Budget Equity Financing (“PINA” in Indonesian abbreviation) is a facilitation scheme aimed to accelerate the financial close of national priority projects, in which fully supported by the government policies. PINA Center for Private Investment, a unit under the Ministry of National Development Planning (Bappenas) undertakes a strategic role in facilitating the project financing and enable any debottlenecking of financing process for Indonesia’s infrastructure development. Founded in 2017, PINA Center for Private Investment successfully facilitated USD3.3 billion for 11 projects across sectors by end of 2018. Projects listed in our pipeline are ranging from different sectors such as connectivity, energy, strategic industries and plantations, as well as housing.
Regulatory Basis

1

Government Regulation no. 17 of 2017

The funding framework is done by integrating funding sources, either from government entities or non-government entities (PINA), which is utilized in order to accomplish the National Development goals. Click to download

3

Presidential Regulation no. 3 of 2016 on the Amendment of Presidential Regulation no. 66 of 2015

The Ministry of National Development Planning/BAPPENAS has the authority to facilitate and conduct the sourcing of domestic and foreign financing, as well as the allocation of funds for infrastructure development with the relevant institutions.

5

PPN/Bappenas Ministerial Decree (Kep. 121/M.PPN/HK/11/2017)

Team for Non-Government Budget Financing (PINA). Minister of National Development Planning/ BAPPENAS formed a governmental facilitation team for the implementation of facilitation activities of Non-Government Budget Financing (PINA).

2

Presidential Regulation No.58 of 2017 on the Amendment of Presidential Regulation No.3 of 2016

The National Strategic Projects sourced from the Non-Government budget is coordinated by the Minister of National Development Planning/Head of BAPPENAS. The Minister may propose changes to the National Strategic Projects list finance by the Non-Government Budget to KPPIP. Click to download

4

Presidential Regulation no. 66 of 2015

The Implementation of the Facilitation of Non-Government Investment Financing (PINA) is in line with the duties and function of the Ministry of National Development Planning/ BAPPENAS in planning all policy and coordinating all the National Development Stakeholders to achieve National Development goals. Click to download