Mandiri: Favorable Investment Transition Period, No New Government Bonds Issued, MIND ID Could join IPO

PT Mandiri Manajemen Investasi (Mandiri Investasi) anticipates that the investment climate in the second half of 2024 will remain favorable and potentially offer optimal returns for investors. At the "Mandiri Investasi Market Outlook 2024" event, Deputy Minister of State-Owned Enterprises (SOEs) Kartika Wirjoatmodjo stated that the Ministry of BUMN has a long-term program to drive economic transformation in Indonesia, including renewable energy and mining downstreaming. The Ministry has prepared a long-term roadmap that provides direction for BUMN to become a key driver of Indonesia's economic transformation over the next ten years, focusing on key sectors such as digital, green economy, infrastructure, and social inclusion. Furthermore, Deputy Minister of SOEs Kartika Wirjoatmodjo also conveyed that the investment model in SOEs is not only through the capital market. But also through private deals. In addition, together with the Indonesia Investment Authority (INA), SOEs are building an investment ecosystem that is private in nature with global strategic investors.

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