Media Center
Read the latest news from INA and all of the official press releases.
September 23, 2024
INA, AllianzGl tie up to deploy USD 200 million annually into hybrid capital solutions in Indonesia
According to an announcement on Monday (23/09), the Indonesia Investment Authority (INA) and Allianz Global Investors (AllianzGl) have signed a memorandum of understanding to invest up to USD 200 million annually in hybrid capital solutions for Indonesian businesses. These solutions will focus on customized credit and innovative financing methods that combine different financial instruments, particularly targeting critical infrastructure needs and supporting the country’s energy transition efforts. “Our joint initiative to deploy hybrid capital solutions is about crafting a robust framework for financial innovation that supports the sustainable expansion of local enterprises. Together, we aim to enhance the investment landscape in Indonesia, ensuring each venture not only supports local economic growth but also adheres to stringent optimal risk-adjusted returns,” said the CEO of INA, Ridha Wirakusumah.
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INA in the News
July 13, 2024
Reviewing Indonesia Investment Authority (INA) Investments in 2024 with a Growth of 152.6%
The Indonesia Investment Authority (INA) saw a triple-digit growth in investments in 2023. Over the past year, INA, together with its co-investors, disbursed investments amounting to IDR 29.6 trillion, equivalent to USD 1.9 billion. This figure represents a growth of 152.6% compared to the previous year.With this achievement, the cumulative total investments disbursed by INA and its co-investors since INA's establishment reached approximately IDR 50.1 trillion, equivalent to USD 3.2 billion. Of this amount, INA's portion of the total investments reached IDR 31.3 trillion, equivalent to USD 2.1 billion.
July 9, 2024
Indonesian wealth fund INA's investments doubled in value in 2023
Sovereign wealth fund Indonesia Investment Authority (INA) more than doubled its investments in 2023 despite political and economic uncertainties throughout the year, according to its annual report. The report noted that INA and its co-investors disbursed USD1.9 billion in 2023 -- up 152.6% year-on-year. In 2023, INA made six investments, with a total of nine projects, across the health, infrastructure, digital infrastructure, geothermal, and logistics sectors. The new investments resulted in an increase of IDR 37.7 trillion (USD 2.3 billion) in INA's total assets under management (AUM), bringing its total AUM to IDR 147.6 trillion by the end of 2023.
June 29, 2024
INA and Australia Partner to Boost Cooperation and Investment in Indonesia
CEO of the Indonesia Investment Authority (INA), Ridha Wirakusumah, and the Australian Ambassador to Indonesia, Penny Williams PSM, signed a Memorandum of Understanding (MoU) to support Australian investments in Indonesia. This partnership aims to drive significant Australian investments into key sectors in Indonesia, strengthening economic ties and benefiting both nations. This partnership is part of the "Invested: Australia's Southeast Asia Economic Strategy to 2040," announced by Australian Prime Minister Anthony Albanese in September 2023.
May 20, 2024
The IKN Authority and INA officially partnered
The IKN Authority (OIKN) and the INA have officially partnered to attract foreign investors to Indonesia's new capital city project. The partnership aims to leverage INA's network and expertise in managing investments to secure funding and support for various infrastructure projects within the IKN. This initiative is part of a broader strategy to ensure the success of the development of the new capital city, which is expected to be a smart and sustainable city.
May 1, 2024
INA explores opportunities in North Kalimantan
The Indonesia Investment Authority (INA) is exploring investment opportunities with the North Kalimantan Provincial Government. INA representatives have met with the governor of North Kalimantan to mark concrete steps by the regional government in strengthening investment cooperation to advance the economy and development in North Kalimantan. The meeting between the Governor of North Kalimantan and the Indonesia Investment Authority marked an important first step in exploring North Kalimantan's economic and environmental potential, as well as strengthening cooperation between the public and private sectors in realizing sustainable development in the region.
April 21, 2024
Indonesia’s sovereign wealth fund eyes green energy transition in $1bn investment plan
Indonesia’s sovereign wealth fund is aiming to invest up to $1bn this year with green energy as one of its priorities, as the south-east Asian country aims to become a hub for energy transition on the back of its vast nickel reserves. The Indonesia Investment Authority is in talks over potential investment in the electric vehicle ecosystem and geothermal energy, and is providing financing for early retirement of coal-fired power plants.
