Oct 28, 2022 03:09 AM

In Depth: Indonesian Sovereign Wealth Fund’s Blueprint for Growth

Ridha Wirakusumah. Photo: Yang Min
Ridha Wirakusumah. Photo: Yang Min

With natural resources aplenty, the world’s fourth-largest population at 280 million and a huge, young workforce, Indonesia is ramping up efforts to market itself as a country with a wealth of investment opportunities.

At the forefront of helping foreign investors unlock the long-term value of the Southeast Asian country is the Indonesia Investment Authority (INA), its $6.5 billion sovereign wealth fund. The fund’s CEO said it is putting a priority on finding the right partners rather than jumping on any deal that comes its way.

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