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.

‍

"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.

‍

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.

‍

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

July 9, 2024

Indonesian wealth fund INA's investments doubled in value in 2023

Sovereign wealth fund Indonesia Investment Authority (INA) more than doubled its investments in 2023 despite political and economic uncertainties throughout the year, according to its annual report. ‍The report noted that INA and its co-investors disbursed USD1.9 billion in 2023 -- up 152.6% year-on-year. In 2023, INA made six investments, with a total of nine projects, across the health, infrastructure, digital infrastructure, geothermal, and logistics sectors. The new investments resulted in an increase of IDR 37.7 trillion (USD 2.3 billion) in INA's total assets under management (AUM), bringing its total AUM to IDR 147.6 trillion by the end of 2023.

June 29, 2024

INA and Australia Partner to Boost Cooperation and Investment in Indonesia

CEO of the Indonesia Investment Authority (INA), Ridha Wirakusumah, and the Australian Ambassador to Indonesia, Penny Williams PSM, signed a Memorandum of Understanding (MoU) to support Australian investments in Indonesia. This partnership aims to drive significant Australian investments into key sectors in Indonesia, strengthening economic ties and benefiting both nations. This partnership is part of the "Invested: Australia's Southeast Asia Economic Strategy to 2040," announced by Australian Prime Minister Anthony Albanese in September 2023.

May 20, 2024

The IKN Authority and INA officially partnered

The IKN Authority (OIKN) and the INA have officially partnered to attract foreign investors to Indonesia's new capital city project. The partnership aims to leverage INA's network and expertise in managing investments to secure funding and support for various infrastructure projects within the IKN. This initiative is part of a broader strategy to ensure the success of the development of the new capital city, which is expected to be a smart and sustainable city.

May 1, 2024

INA explores opportunities in North Kalimantan

The Indonesia Investment Authority (INA) is exploring investment opportunities with the North Kalimantan Provincial Government. INA representatives have met with the governor of North Kalimantan to mark concrete steps by the regional government in strengthening investment cooperation to advance the economy and development in North Kalimantan. The meeting between the Governor of North Kalimantan and the Indonesia Investment Authority marked an important first step in exploring North Kalimantan's economic and environmental potential, as well as strengthening cooperation between the public and private sectors in realizing sustainable development in the region.

April 21, 2024

Indonesia’s sovereign wealth fund eyes green energy transition in $1bn investment plan

Indonesia’s sovereign wealth fund is aiming to invest up to $1bn this year with green energy as one of its priorities, as the south-east Asian country aims to become a hub for energy transition on the back of its vast nickel reserves. The Indonesia Investment Authority is in talks over potential investment in the electric vehicle ecosystem and geothermal energy, and is providing financing for early retirement of coal-fired power plants.

April 3, 2024

Collaboration of INA and Global Infrastructure Partners for Infrastructure Investment in Indonesia

Indonesia Investment Authority (INA) and Global Infrastructure Partners (GIP) announced a strategic collaboration aimed at bolstering infrastructure development in Indonesia. This partnership signifies a major step forward, combining INA's in-depth local market knowledge and network with GIP’s extensive global infrastructure expertise to collaboratively identify investment opportunities and develop world-class infrastructure in Indonesia.

Partner with us to receive optimal risk-adjusted returns while accelerating the economic and social development of Indonesia

Contact INA

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

Indonesia wealth funds to double down on energy transition

INA in the News

Indonesian wealth fund INA's investments doubled in value in 2023

INA and Australia Partner to Boost Cooperation and Investment in Indonesia

The IKN Authority and INA officially partnered

INA explores opportunities in North Kalimantan

Indonesia’s sovereign wealth fund eyes green energy transition in $1bn investment plan

Collaboration of INA and Global Infrastructure Partners for Infrastructure Investment in Indonesia

Investment authority on securing Indonesia’s future

Investment authority on securing Indonesia’s future

Investment authority on securing Indonesia’s future