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.