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

In a major step toward enhancing bilateral investment ties between Indonesia and the United Kingdom INA and British International Investment (BII), the UK’s development finance institution and impact investor, announced a strategic partnership to foster sustainable economic development and cooperation. The partnership will focus on the spheres of green infrastructure, renewable energy, climate resilience and adaptation and related sectors.

The purchase transaction process for two sections of the Trans Sumatra Toll Road (JTTS) by INA has officially been completed. The two toll roads owned by Hutama Karya are the Medan-Binjai Toll Road and the Bakauheni-Terbanggi Besar Toll Road. Deputy Minister of BUMN II Kartika Wirjoatmodjo revealed this toll road divestment transaction has been in progress for two years. The toll roads have the potential to have a positive impact on the economy.

PT Pelindo (Persero) formed a consortium with INA and DP World FZE to develop the Belawan Port cargo terminal in Sumatra. This collaboration was formalized through the signing of a Shareholders Agreement for the establishment of a joint venture that will carry out market development and operation of the Belawan New Container Terminal.

Developing Indonesia’s plentiful geothermal energy resources can help meet the growing demand for energy while also bringing economic benefits and supporting the nation’s path to net zero emissions by 2060. Indonesia Investment Authority (INA) is committed to ensuring Indonesia succeeds in its net-zero programme. INA and Masdar recently invested in Pertamina Geothermal Energy (PGE), the latest of many targeted placements to support the country’s economic diversification into clean energy.

INA, ESR Group and MC Urban Development Indonesia (MCUDI) have partnered up to invest in three logistics parks in Indonesia, developed and managed by ESR. The trio said they were also exploring options for additional joint investments in the sector. The three property assets are in Cikarang and Kawarang. The two assets in Cikarang have an expected completion date of May and June 2023, while the property in Karawang is set to start construction in June 2023.

Indonesia Investment Authority (INA) has recorded excellent performance throughout 2022, both in terms of profit and assets. However, the continuation of this performance will be tested because Indonesia is now in an election year. Economist Yusuf Rendy Manilet, of the Center of Reform on Economics (Core) Indonesia, said INA was considered capable of maintaining its performance in an election year if there was no friction disrupting the political and security climate in the country.