Read the latest news from INA and all of the official press releases.

Manulife Investment Management has partnered with the Indonesia Investment Authority (INA), Indonesia's sovereign wealth fund, to focus on the overarching goal of further developing infrastructure in Indonesia and exploring investment opportunities in real estate and natural capital. The partnership intends to invest its own proprietary capital while also raising funds from third-party investors, both domestic and foreign.

Fitch Ratings has assigned Indonesia Investment Authority (INA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of 'BBB' and a Short-Term Foreign-Currency IDR of 'F2'. Fitch Ratings Indonesia has also assigned a National Long-Term Rating of 'AAA(idn)' and a National Short-Term Rating of 'F1+(idn)'. The outlook on the long-term ratings is Stable.

Australian Assistant Minister for Trade and Manufacturing Tim Ayres is scheduled to visit Indonesia this week. His visit aims to strengthen trade and investment relations. He will meet with a number of members of the Indonesian cabinet as well as the Indonesian Investment Authority. They will discuss ways to open economic opportunities for these two countries and the region.

APG Asset Management N.V (APG), together with its wholly owned subsidiary Abu Dhabi Investment Authority (ADIA) announced investment in the Trans Java Kanci-Pejagan and Pejagan-Pemalang toll roads. For INA, this transaction is a follow-up investment from previous transactions with PT Waskita Transjawa Toll Road and PT Waskita Toll Road, subsidiaries of PT Waskita Karya (Persero) Tbk, for the same assets. This is in line with INA's mission to contribute to sustainable economic development, as well as bringing world-class investor partners to Indonesia.

PT Pertamina Bina Medika-Indonesia Healthcare Corporation or SEO Hospital Holding signed a strategic partnership agreement with the INA and Swire Pacific Limited, which is a large global group that has diversified with a focus on health investment. The Ministry of BUMN has hopes for BUMN in the health sector for the transformation to modernize health services significantly to increase value creation in the right way in accordance with the Health Law and the latest Minister of Health Regulations.

The Asian Development Bank together with PT Cirebon Electric Power and INA agreed to carry out early retirement of the Cirebon-1 PLTU in West Java in December 2035. The Cirebon PLTU with a capacity of 660 megawatts will be retired 7 years earlier than expected which supposedly end in July 2042. Meanwhile, the transaction is targeted to be completed in the first half of 2024. This is based on the results of discussions with the owner of the power plant and the Indonesian Government under the ADB's Energy Transition Mechanism program.