By Yantoultra Ngui
SINGAPORE (Reuters) – The Indonesia Investment Authority is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund seeks foreign partners and supports the nation’s economic development, its chief investment officer told Reuters.
INA was established in 2020 and started operations in 2021 with $5 billion in capital from the government and a dual mandate to generate returns and foster sustainable growth. It initially focused on direct equity investments to bring in foreign co-investors.
The fund, which now manages 163.4 trillion rupiah ($10 billion) in assets, has since added hybrid capital and private credit to help Indonesian companies expand overseas and draw technical expertise and capital into the country.
INA is Indonesia’s fir