PT Bank Mega and PT Sarana Multi Infrastruktur (PT SMI) have jointly arranged a syndicated credit facility worth IDR2.1 trillion for PT Industri Kereta Api (PT INKA) to procure rolling stock in Indonesia.
The funds, with Bank Mega providing IDR1.3 trillion and PT SMI contributing IDR850 billion, will finance the procurement of 16 Electric Rail Trainsets (KRL) over a 24-month period. This collaboration underscores Bank Mega’s commitment to supporting Indonesia’s national railway sector and PT SMI’s goal of promoting sustainable and environmentally friendly transportation. The initiative is expected to enhance public mobility and contribute to economic growth.