INA Has Invested USD 65.4 Trillion in Health Sector to Electric Vehicles

The Indonesia Investment Authority (INA) emphasises the importance of Foreign Direct Investment (FDI) in Indonesia's development. Despite the pros and cons of FDI, INA emphasises that foreign investment can have a positive impact if managed properly.  CEO of Indonesia INA, Ridha Wirakusumah, said that since its establishment in 2022, INA has invested around USD 4 billion or equivalent to Rp 65.4 billion with investors from 14 countries.

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One of the main focuses of investment is the health sector. Ridha said INA is now part of the largest hospital network in Indonesia, bringing in Hong Kong conglomerate Swire Pacific, and building Bali International Hospital which will employ the first foreign doctors in Indonesia.

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“We started from zero, now we are part of the largest hospital network in Indonesia,” said Ridha at the Indonesia Economic Summit at Shangri-La Hotel, Wednesday (19/2).  In addition, INA is also building a blood plasma plant, which has reached 52% completion.