Read the latest news from INA and all of the official press releases.
Indonesia Digital Transformation: A Strategic Investment
Indonesia’s geographic condition, comprising a vast archipelago, presents both challenges and opportunities for achieving digital inclusion. Despite having a population of over 270 million people, the national fixed broadband penetration rate was only 20 percent in 2022. This figure remains well below the ASEAN average, which reached 39 percent. In line with this development, the Indonesia Investment Authority (INA), as the manager of Indonesia's sovereign wealth fund, has emphasized digitalization and digital infrastructure as key focus areas.
INA in the News
Ares Management: INA and Ares Management Collaborate to Advance Hybrid Capital Solutions and Securitization in Indonesia
The Indonesia Investment Authority ("INA") and a subsidiary of Ares Management Corporation (NYSE: ARES) (Ares) have entered into an Investment Framework Agreement (IFA) to foster investments through innovative financing mechanisms such as Hybrid Capital Solutions (HCS) and securitization. This collaboration aims to unlock sustainable investment flows while supporting projects that leverage both INA's and Ares' experience to create sustainable and impactful outcomes for Indonesia's economy.
The IFA outlines a collaborative, mutually agreed framework for INA and Ares to explore tailored investment opportunities that allow for more optimal capital structures to advance Indonesia's financial ecosystem through sustainable growth and economic resilience. INA and Ares aim to deploy capital to achieve optimal risk-adjusted returns that leverage the investment expertise and networks of both organizations.
Ares, Indonesia Wealth Fund Partner for Investment Opportunities
Global asset investment manager Ares Management has teamed up with an Indonesian sovereign wealth fund to explore investment opportunities in the country, according to a joint statement.
The Indonesia Investment Authority (INA) and a subsidiary of Ares have entered into an agreement to invest in Indonesia via hybrid capital and securitisation, the statement said. Ares Asia Credit funds have set aside as much as US$500 million per year for such opportunities. Hybrid capital for INA includes private credit, Bloomberg News previously reported.
DCCI Marked the Dawn of a New Era for Indonesia’s Data Center & Cloud Landscape
During the 2-day long multi-sectoral affair that commenced on 11 February 2025, the inaugural edition of Datacenter & Cloud Infrastructure Summit (DCCI) in Indonesia not only accomplished immediate event-related objectives but also aided organisations in capturing bigger national goals.
The platform was well supported by Indonesia Investment Authority (INA) and Indonesia Data Center Provider (IDPRO) whose efforts got widespread recognition for the platform and the best audience in the form of 350+ attendees. These professionals included CEOs, CIOs, CTOs, CISOs, CDOs, Datacentre Facilities Managers, Network, Cabling & Communication Engineers, VPs, GMs & Heads of Cloud, Security and many more influential profiles.
INA Has Invested USD 65.4 Trillion in Health Sector to Electric Vehicles
The Indonesia Investment Authority (INA) emphasises the importance of Foreign Direct Investment (FDI) in Indonesia's development. Despite the pros and cons of FDI, INA emphasises that foreign investment can have a positive impact if managed properly. CEO of Indonesia INA, Ridha Wirakusumah, said that since its establishment in 2022, INA has invested around USD 4 billion or equivalent to Rp 65.4 billion with investors from 14 countries.
One of the main focuses of investment is the health sector. Ridha said INA is now part of the largest hospital network in Indonesia, bringing in Hong Kong conglomerate Swire Pacific, and building Bali International Hospital which will employ the first foreign doctors in Indonesia.
“We started from zero, now we are part of the largest hospital network in Indonesia,” said Ridha at the Indonesia Economic Summit at Shangri-La Hotel, Wednesday (19/2). In addition, INA is also building a blood plasma plant, which has reached 52% completion.
Indonesia’s INA, Japan’s DBJ Launch Hybrid Fund for Mid-Sized Businesses
Indonesia Investment Authority (INA), the country’s first sovereign wealth fund, and the Development Bank of Japan (DBJ) have launched a hybrid fund to provide financing for medium-sized businesses in Indonesia. The fund will focus on senior secured investments, offering tailored financing solutions to mid and upper-market corporates while providing resources for businesses to scale in a sustainable manner, the two companies said in a joint statement on Monday (17/02). Hybrid capital solutions, which use debt and equity to address the capital requirements of businesses, have been gaining momentum across the Asia-Pacific region as an alternative to traditional financing.
INA will leverage its local market understanding and structured financing capability, while DBJ will bring its finance and investment experience and Japan-related business networks to generate private sector investment in the largest economy in Southeast Asia.
Indonesia State Investor to Launch Fund with Development Bank of Japan
The government-backed Development Bank of Japan will launch a USD 60 million fund with Indonesia's sovereign wealth fund to provide financing to midsize companies in a country with bright economic growth prospects. The DBJ and the Indonesia Investment Authority (INA) will set up a jointly run operating company, with each side contributing USD 30 million. This will mark the DBJ's first partnership of this kind with a foreign state-backed fund.
INA will tap its network of companies to find candidates with annual sales of around JPY 50 billion to JPY 100 billion (USD 30 million to USD 60 million). While there will be no restrictions on what industries the fund will cover, candidates will likely come from areas that INA focuses on, such as healthcare and logistics. With this partnership, DBJ aims to build connections with promising Indonesian businesses that could lead to future joint investments with Japanese business partners. The plan is for the fund to invest in three or so companies, expanding if needed.
