TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsINA hits Rp 65t in total investments in May
The sovereign wealth fund deployed US$277 million in capital between January and May this year, bringing the fund's overall disbursement over the past five years since its inception to $4 billion.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Ridha Wirakusumah, CEO of the Indonesia Investment Authority (INA) (INA/-)
T
he Indonesia Investment Authority (INA) has disclosed capital deployment totaling Rp 4.5 trillion (US$277 million) during the first five months of the year alongside its partners, increasing the sovereign wealth fund’s overall disbursement from Rp 60.9 trillion in December 2024 to Rp 65.4 trillion as of May 2025.
Though it did not specify the projects involved, INA said it disbursed Rp 19.5 trillion last year including Rp 13.8 trillion from foreign coinvestors, or 2.5 times the fund’s equity investment, the highest annual foreign direct investment (FDI) portion since its establishment in 2020.
By the end of last year, INA had channeled Rp 24.9 trillion in cumulative capital and Rp 36 trillion from coinvestors across four national priority sectors: transport and logistics, green energy and transformation, digital infrastructure and health care.
“We invest in what we believe Indonesia needs today, and will continue to need for generations to come,” INA CEO Ridha Wirakusumah said in a statement on Wednesday.
“Our approach has remained consistent: disciplined, driven by strong fundamentals and focused on long-term value with meaningful development impact.”
Read also: Danantara, INA to invest $800 million in Chandra Asri’s new plants
While INA focuses on attracting foreign investors to domestic projects, the country’s second sovereign wealth fund, Danantara, is mandated to consolidate state-owned enterprises (SOEs) and redirect their dividends into domestic projects that offer attractive returns and quality jobs.
