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CEO of INA Ridha Wirakusumah Urges Strategic Partnerships for Investment in Southeast Asias Emerging Markets

September 6, 2024
At the ASFA Investment Summit, the CEO of INA, Dr. Ridha Wirakusumah, encouraged institutional investors to consider Southeast Asias emerging markets, highlighting that strategic partnerships with local investment partners can help mitigate risks and unlock opportunities. Ridha Wirakusumah emphasized a gradual approach, advising investors to tackle these markets one transaction at a time, as INA has done through collaborations with global institutions like Canadas Ontario Teachers Pension Plan and Singapores GIC. While Indonesia has made strides, Ridha Wirakusumah acknowledged that corruption remains a concern but can be managed through strong partnerships and due diligence. Other panelists echoed his views, stressing that foreign investors must build trusted relationships and take time to understand these dynamic markets, which offer significant long-term potential, given Southeast Asia's growing population and evolving regulatory landscape.
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