New Indonesia sovereign wealth fund eyes assets worth US$2.6bil


JAKARTA, March 10 (Reuters): Indonesia's new sovereign wealth fund is exploring investment in dozens of projects, including toll road concessions worth US$2.6 billion, in its first foray into infrastructure assets, a deputy minister has announced.

The Indonesia Investment Authority (INA) was launched last month with a target of managing $20 billion of assets, including some $5 billion the state will put into the fund this year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , INA , Assets , BIg , Amount

   

Next In Aseanplus News

Cambodia's trade with fellow Asean members up 18.6% in Q1
Hero stone for forgotten victims of Kanchanaburi Death Railway to be unveiled on May 1
Thai Transport Ministry drafting bill to reduce electric train fares to 20 baht
Hanoi gains, while HCM City loses ground in global smart city ranking
Director Jon M. Chu to turn 'Crazy Rich Asians' movie into Broadway musical
Myanmar instability hampers India's bid to send home refugees
Mt Ruang eruption: AirAsia reinstates several flights today (Updated)
Man who sexually assaulted step-niece gets 18 years’ jail, 24 strokes of cane
One in three S. Koreans lives alone, more than half are women
China FM says Beijing and Jakarta want regional peace and stability

Others Also Read