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View all search resultsThe fund’s immediate priority would be kickstarting 15 multibillion-dollar megaprojects without tapping external financing, according to the President, such as renewable energy, advanced manufacturing, downstream industries and food production.
Investment Authority of Indonesia (IAI) Danantara head Muliaman Darmansyah Hadad said the newly established sovereign wealth fund would act as a manager of government assets “separated” from the state budget.
Toward the end of 2020, amid a world grappling with unprecedented challenges, Indonesia took a bold step in securing its economic future: establishing its first sovereign wealth fund (SWF), the Indonesia Investment Authority (INA).
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