Media Center

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

Indonesia wealth funds to double down on energy transition

CEO of Indonesia Investment Authority (INA) Ridha Wirakusumah said renewable energy projects currently make up 12% of its USD 4 billion investment portfolio. INA is aiming to increase that proportion to between 15% and 20% by the end of 2025.

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"Investment in renewable energy and the area of nature-based solutions, as well as electric vehicles, is important," Wirakusumah told Nikkei Asia on the sidelines of the FT & Nikkei Energy Transition Summit: Asia in Jakarta.

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Established in 2021 under President Joko Widodo, INA's goal is to attract foreign investment to a range of priority projects in Southeast Asia's largest economy. It has so far invested in infrastructure, logistics, and health care, among other sectors, along with investment partners including U.S. asset manager BlackRock and China's Silk Road Fund.

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Wirakusumah said INA is also exploring opportunities to invest more in the EV supply chain, "particularly the midstream" segment, referring to the processing of critical minerals for the development of EV batteries.

INA in the News

August 11, 2022

Australian workers superannuation funds zoom in on Jokowi’s privatization push

Australian workers, through their superannuation funds, are among investors looking at infrastructure opportunities in Indonesia as the country steps up an ambitious privatization program.

August 10, 2022

CGS-CIMB 14th Annual Indonesia Conference 2022

INA Chief Financial Officer Eddy Purwanto tells us more about how INA tries to attract investor partners for co-investment.

August 9, 2022

B20 Finance & Infrastructure Task Force introduces Quality Infrastructure Business Case Development Methodology

B20 Finance & Infrastructure (F&I) Task Force (TF) for the G20, discussed the need for investment-ready infrastructure projects to fill infrastructure gaps. One of which is increasing access to affordable and appropriate sources of financing for infrastructure. Quality infrastructure development is a long-term endeavour that ultimately depends on commercially driven returns and project implementation

July 15, 2022

INA has $20 billion pledged so far

Indonesia’s wealth fund will ensure that new and existing investments are priced in line with rising global risks, including soaring inflation that’s pushing interest rates higher, its Chief Executive Officer said.

July 14, 2022

B20-G20 Dialogue: Finance and Infrastructure Task Force

Taking the theme “Building Coalitions to Enable Greener and Smarter Infrastructure Development at Scale”, the dialogue was focused on the four recommendations of the Task Force’s policy paper.