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PT SMI’s Revenue Soars by 22.8% in 2023

In a remarkable display of financial success, PT Sarana Multi Infrastruktur (Persero) saw a significant increase in revenue in 2023. The state-owned company, commonly known as PT SMI, experienced a whopping 22.8% growth compared to the previous year, reaching a total of Rp 7.6 trillion. This surge underscores the firm’s unwavering commitment to supporting Indonesia’s infrastructure development.

The Driving Force Behind PT SMI’s Success

The remarkable revenue growth can be attributed to the dedication and hard work of the entire PT SMI team, affectionately referred to as “SMIers.” A strong collaboration between the company, employees, and stakeholders served as the cornerstone of this success. Their collective effort and commitment have propelled PT SMI to new heights in the infrastructure sector.

PT SMI’s Crucial Role in Infrastructure Development

Beyond revenue generation, PT SMI plays a vital role in supporting infrastructure development in Indonesia. In 2023, the company’s financing and investment activities contributed to infrastructure projects worth Rp 727.3 trillion. These projects span critical sectors such as transportation, energy, and sanitation, crucial for the country’s growth and development.

Looking Ahead: Commitment to Growth in 2024 and Beyond

Despite the impressive achievements in the past year, PT SMI remains steadfast in its commitment to maintaining growth consistency and enhancing performance in 2024. The company has laid out a long-term plan (RJPP) for the 2024-2028 period to expand its portfolio in key sectors like water, health, and waste management. This strategic move aligns with PT SMI’s mission to deliver positive socio-economic impact to the community.

As a journalist, I understand the impact of infrastructure development on society firsthand. Growing up in a small town, I witnessed the transformative power of new roads, bridges, and utilities on the lives of residents. The work of companies like PT SMI not only drives economic growth but also improves the quality of life for countless individuals across the nation. Their dedication to building a better future for all is truly commendable.