Our Investments
Our portfolio includes investments across our key sectors, with reputable co-investors from around the world. Through strategic partnerships, we create value and operational alpha in our portfolio companies.
A diversified, strategic portfolio to support Indonesia's development and achieve risk-adjusted returns
We create value and operational alpha in our portfolio companies.
Belawan New Container Terminal (BNCT)
In 2021, INA and DP World, a leading port terminal operator and logistics company based in Dubai, UAE, formed a consortium to jointly explore port investments in Indonesia.
The INA-DP World consortium has invested in and is now operating BNCT, Sumatra’s busiest international container terminal. BNCT is set to play an increasingly important role in driving economic growth as a key global gateway into Sumatra and Indonesia.
Trans-Java Toll Road – Kanci-Pejagan and Pejagan-Pemalang Sections
INA, through its toll road investment platform with APG Asset Management and Abu Dhabi Investment Authority (ADIA), has acquired two sections of the Trans-Java Toll Road with a total length of approximately 93 km.
This platform introduces two of the world’s biggest infrastructure investors, APG and ADIA, to the Trans-Java Toll Road, which connects and key industrial hubs and urban centers on Indonesia’s most populated island.
Trans-Sumatra Toll Road – Medan-Binjai and Bakauheni-Terbanggi Besar Sections
INA has acquired two toll-road concessions within the Trans-Sumatra Toll Road, namely the Medan-Binjai (“MB”) and Bakauheni-Terbanggi Besar (“BTB”) sections. These two sections encompass a total toll road length of approximately 158 kilometers.
This investment plays a key strategic role in Indonesia’s infrastructure master plan as a backbone of the Trans Sumatra toll-road network.
Belawan New Container Terminal (BNCT)
In 2021, INA and DP World, a leading port terminal operator and logistics company based in Dubai, UAE, formed a consortium to jointly explore port investments in Indonesia.
The INA-DP World consortium has invested in and is now operating BNCT, Sumatra’s busiest international container terminal. BNCT is set to play an increasingly important role in driving economic growth as a key global gateway into Sumatra and Indonesia.
Trans-Java Toll Road – Kanci-Pejagan and Pejagan-Pemalang Sections
INA, through its toll road investment platform with APG Asset Management and Abu Dhabi Investment Authority (ADIA), has acquired two sections of the Trans-Java Toll Road with a total length of approximately 93 km.
This platform introduces two of the world’s biggest infrastructure investors, APG and ADIA, to the Trans-Java Toll Road, which connects and key industrial hubs and urban centers on Indonesia’s most populated island.
Trans-Sumatra Toll Road – Medan-Binjai and Bakauheni-Terbanggi Besar Sections
INA has acquired two toll-road concessions within the Trans-Sumatra Toll Road, namely the Medan-Binjai (“MB”) and Bakauheni-Terbanggi Besar (“BTB”) sections. These two sections encompass a total toll road length of approximately 158 kilometers.
This investment plays a key strategic role in Indonesia’s infrastructure master plan as a backbone of the Trans Sumatra toll-road network.
Three Modern Warehouse Assets in Greater Jakarta
INA has acquired three modern warehouse assets situated in key industrial zones within Greater Jakarta, through a strategic partnership with ESR Group and MC Urban Development Indonesia (MCUDI), a wholly-owned subsidiary of Mitsubishi Corporation.
Indonesia’s large and growing middle class, e-commerce, and demand from MNCs and 3PLs will continue to drive growth in modern warehouses.
Traveloka
INA, in collaboration with a private credit fund managed by BlackRock and other co-investors, has provided funding to Traveloka with a total facility amounting to USD 300 million to support the growth of the digital ecosystem in the travel sector.
Traveloka is a pioneer in the digital transformation of the Indonesian travel sector, where the company currently holds a dominant market share both in Indonesia and regionally (SEA). This funding allows Traveloka to continue growing, especially in Indonesia, where most of the funds will be utilized.
PT Dayamitra Telekomunikasi Tbk (Mitratel)
INA participated in Mitratel’s IPO along with several other sovereign wealth funds, namely GIC of Singapore, and ADIA and ADG of Abu Dhabi, UAE.
Mitratel, as Indonesia’s largest telco tower company, is at the forefront of improving network coverage across Indonesia, which remains underpenetrated and has significant potential for growth.
Traveloka
INA, in collaboration with a private credit fund managed by BlackRock and other co-investors, has provided funding to Traveloka with a total facility amounting to USD 300 million to support the growth of the digital ecosystem in the travel sector.
Traveloka is a pioneer in the digital transformation of the Indonesian travel sector, where the company currently holds a dominant market share both in Indonesia and regionally (SEA). This funding allows Traveloka to continue growing, especially in Indonesia, where most of the funds will be utilized.
PT Dayamitra Telekomunikasi Tbk (Mitratel)
INA participated in Mitratel’s IPO along with several other sovereign wealth funds, namely GIC of Singapore, and ADIA and ADG of Abu Dhabi, UAE.
Mitratel, as Indonesia’s largest telco tower company, is at the forefront of improving network coverage across Indonesia, which remains underpenetrated and has significant potential for growth.
PT Pertamina Geothermal Energy Tbk (PGE)
INA participated in PT Pertamina Geothermal Energy’s (PGE) IPO, marking its first investment in green energy. INA also welcomed Masdar Clean Energy, a global leader in renewable energy, as a significant investor in PGE’s IPO.
PGE, as Indonesia’s largest geothermal energy company and one of the largest in the world, seeks to continue to develop Indonesia’s significant geothermal energy potential.
PT Pertamina Geothermal Energy Tbk (PGE)
INA participated in PT Pertamina Geothermal Energy’s (PGE) IPO, marking its first investment in green energy. INA also welcomed Masdar Clean Energy, a global leader in renewable energy, as a significant investor in PGE’s IPO.
PGE, as Indonesia’s largest geothermal energy company and one of the largest in the world, seeks to continue to develop Indonesia’s significant geothermal energy potential.
PT Pertamina Bina Medika IHC (IHC)
INA partners with PT Pertamina Bina Medika IHC (IHC), the holding company for Indonesia's state-owned hospitals, and Swire Pacific. IHC operates an extensive network of 37 hospitals and 66 clinics across the country, playing a pivotal role in advancing Indonesia’s healthcare infrastructure and services.
This strategic partnership with Swire Pacific aims to enhance healthcare access and quality while supporting IHC’s transformation efforts in digitalization, organizational development, and service excellence to realize the long-term growth potential of Indonesia's healthcare sector.
PT Pertamina Bina Medika IHC (IHC)
INA partners with PT Pertamina Bina Medika IHC (IHC), the holding company for Indonesia's state-owned hospitals, and Swire Pacific. IHC operates an extensive network of 37 hospitals and 66 clinics across the country, playing a pivotal role in advancing Indonesia’s healthcare infrastructure and services.
This strategic partnership with Swire Pacific aims to enhance healthcare access and quality while supporting IHC’s transformation efforts in digitalization, organizational development, and service excellence to realize the long-term growth potential of Indonesia's healthcare sector.
PT Kimia Farma Tbk and Kimia Farma Apotek
INA invested in Kimia Farma Apotek, the largest pharmacy retail chain company in Indonesia, and Kimia Farma, the largest integrated healthcare company in Indonesia.
This investment seeks to realize the significant market potential of Indonesia’s healthcare sector and value creation potential of the portfolio company.