Nusantara Investment Authority (NIA) is a sui generis entity fully owned by the Indonesian government with a special mandate to perform Indonesian central government investment management. NIA was incorporated under the Law of Job Creation in 2020 to own and manage central government investment on a commercial basis. As a legal complementary, a specific Government Decree is designed to enable LPI/NIA to achieve the optimum value of investments through a long-term holding. NIA had an initial capital of about USD 5 billion sourcing from a mix of cash, government shares on state-owned enterprises, state receivables, and state-owned assets.