Indonesia has established a sovereign wealth fund (SWF) known as the Indonesia Investment Authority (INA). INA's establishment was motivated by the need for large investment in development, especially infrastructure, while domestic funding sources are limited. The INA is based on Law No. 11/2020 on job creation and on government regulations No. 73/2020 and No. 74/2020. INA serves to manage investment and optimize the value of the managed investments in the long term. Types of investment the INA can make include placement of funds in financial instruments, asset management, cooperation with other parties including trust funds as well as providing and receiving loans. In general, INA aims to attract medium- and long-term investment of both domestic and foreign origin. INA gets an initial capital of US$5 billion from the government and has a target to attract between $15 billion a...