Insights Hub
At Insights Hub, we curate thought pieces that touch upon subjects of long- term significance for our nation and beyond. It's not about having all the answers, but about asking the right questions and seeking understanding. Here, you'll find perspectives from our diverse team, all crafted with the future of Indonesia firmly in mind.
Insight: Understanding sovereign wealth funds and their application in Indonesia
Indonesia established its first sovereign wealth fund (SWF), the Indonesia Investment Authority (INA), in late 2020 to drive sustainable development and secure Indonesia’s future. SWF, including INA, manages investments on behalf of citizens to generate financial or economic returns, with INA having a unique multi-mandate role. INA serves as a savings fund, a development fund supporting national strategic projects, and a co-investment fund to attract foreign direct investment (FDI). Since its inception, INA has become a Full Member of the International Forum of Sovereign Wealth Funds (IFSWF).
INA has played a crucial role in advancing Indonesia's economic growth, investing over USD 3 billion in key sectors like transport, green energy, digital infrastructure, and healthcare. Notably, half of this capital comes from reputable foreign investors. INA’s mission includes fostering partnerships with global and domestic investors, navigating local complexities, and ensuring governance and transparency.
No single strategy for ASEAN investors
Our Chief Risk Officer, Marita Alisjahbana, sheds light on an important topic: while ASEAN has been a global magnet for foreign direct investment, each member country, including Indonesia, requires a unique investment strategy.
At INA, our investments are guided by a dual mandate: to achieve long-term commercial returns and to foster sustainable economic development in Indonesia’s strategic sectors. We are committed to delivering value through exceptional governance and business practices.
No single strategy for ASEAN investors - Academia - The Jakarta Post
Leveraging Indonesia’s demographic dividend
Few variables have as significant an impact on our economic future as population trends. For decades, countries have relied on growing populations to drive prosperity and progress, but we have since entered a new demographic paradigm.
Despite the challenges provided by demographic trends, such as an aging population, these transformations can be viewed as accelerators for innovation and advancement rather than impassable barriers.
Our CEO, Ridha D. M. Wirakusumah, shares his insights on the importance of long-term and sustainable investment to meet the needs of Indonesia's rapidly growing youth population. To learn more about his thoughts and Indonesia's demographic dividend, take a moment to read this insightful piece published by OMFIF here: https://www.omfif.org/44140-2/
International partnerships key unlocking Indonesia’s geothermal potential
Indonesia's geothermal energy is a renewable, low-carbon emitting treasure waiting to be unlocked. And yet, it's not an easy task. The surveying and drilling processes can be complex, costly, and risky. That's where the power of international partnerships comes in.
Our CEO, Ridha D. M. Wirakusumah, along with Masdar (Abu Dhabi Future Energy Company)'s CEO, Mohamed Jameel Al Ramahi, explore how these collaborations can scale up geothermal energy development in Indonesia. By supporting the recent IPO of PT Pertamina Geothermal Energy, we're taking steps toward harnessing this potential, aiming to contribute to our net-zero emissions target by 2060 and bringing economic benefits.
Discover more about how we're working together to tap into Indonesia's abundant geothermal energy resources in the full article: International partnerships key unlocking Indonesia’s geothermal potential - Academia - The Jakarta Post
