Indonesian wealth fund INA eyes $1b investments this year

The Indonesian Investment Authority (INA), the country’s sovereign wealth fund (SWF), is targeting investments worth $1 billion this year, mainly across the energy, infrastructure, digital, and healthcare space.

Speaking to DealStreetAsia, Arief Budiman, Deputy CEO of INA, said as of 2022-end, INA had secured investment commitments worth $27 billion, including $10 billion from the UAE; $3 billion from the Chinese Silk Road Fund (SRF); $500 million from Denmark SWF IFU; $3 billion from Caisse de dépôt et placement du Québec (CDPQ), APG Asset Management (APG) and a unit of the Abu Dhabi Investment Authority (ADIA) for a toll road platform; and $7.5 billion from DP World.

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