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Bali International Hospital Establishes Global Partnerships
April 26, 2025

Bali International Hospital Establishes Global Partnerships

Bali International Hospital (BIH) introduced international medical partners, health experts and clinicians in the Special Economic Zone (SEZ) of Sanur, Bali, on Friday (25/04). BIH occupies a unique position as a medical tourism and referral destination, serving patients from home and abroad.

BIH introduced Icon Cancer Center, one of the largest integrated cancer service providers in the world with more than 350 specialists and approximately 3.5 million patient interactions annually. The Icon Cancer Center became operational at BIH in May 2025. This is a milestone in history. For the first time, foreign doctors were allowed to practice in Indonesia under the management of the Sanur Health SEZ region.

The event also appreciated the role of Indonesia Healthcare Corporation (IHC) or PT Pertamina Bina Medika as the operator and Indonesia Investment Authority (INA) as the state endowment investor.

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INA in the News

SOE Hospital Holding Collaborates with INA and Swire

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.

Cirebon-1 PLTU Early Retirement on December 2035

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.

Indonesia's SWF strengthens private debt funding

From an initial government-funded capital base of $5 billion in 2021, the Indonesia Investment Authority (INA) has since grown to $9 billion of assets under management, and has deployed $3 billion of it. Several new allocations and joint venture projects are expected to be rolled out in the coming months by the sovereign wealth fund, concentrated on INA’s four key sectors: infrastructure and logistics, digital infrastructure, healthcare, and green energy.

INA and DBJ Collaborate to Explore Hybrid Capital Solutions Investment Opportunities

INA and DBJ have signed an Investment Framework Agreement, strengthening their commitment to making joint investments guided by mutually agreed eligibility criteria, with the aim of providing optimal capital returns with measurable risks, while facilitating country-level collaboration between Japan and Indonesia. INA and DBJ are ready to explore joint investment opportunities in the field of hybrid capital solutions in Indonesia, either directly or through their affiliates.

Indonesia's energy transition is challenging

“Indonesia’s energy transition is challenging. When we are talking about renewable energy in Indonesia, the challenge is not only about the cost, but also the lack of adequate supply of electricity. Instead of building fossil-fuelled energy sources and later changing it to renewable to fix the problem, we should build a green energy source from the get-go.“ said CEO INA Ridha Wirakusumah during his interview with CNBC Asia regarding the energy transition in Indonesia.

INA and GDS collaborate to develop data center in Nongsa Special Economic Zone

INA and GDS, a developer and operator of data centers in Asia with a wide base of international investors, have announced a partnership to develop and expand the data center landscape in Indonesia. Indonesia is a growing data center market with a similar vision of the pivotal role of data centers in its digital transformation. The GDS-INA partnership comes at a crucial moment, especially as the data center industry is rapidly expanding, supported by Indonesia's digital economic transformation, IoT technology, a massive shift toward cloud computing, and the widespread use of artificial intelligence.