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

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.

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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.

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“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 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.

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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.

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.

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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.

Indonesian Investment Authority (INA) has completed a USD 150 million investment in Lithium (Asia-Pacific) with the operating subsidiary of Lopal Technology in Indonesia. Assisi Alliance LP, a co-investor of INA also invested USD 50 million. INA and its co-investors have paid the transaction price in full and the transaction is completed. Following the completion of the investment, INA currently holds a 34.0% stake in Lithium Source (Asia Pacific) and Aisis holds an 11.3% stake. Changzhou Lithium Source is a subsidiary of Lopal Technology, which currently holds a 54.6% stake in Lithium Source (Asia Pacific), down from 100% before the investment. Changzhou Lithium Source will continue to hold a controlling stake in Lithium Source (Asia Pacific) and participate in the daily operation and management of Lithium Source (Asia Pacific).

Opportunities exist in Indonesia’s energy transition and healthcare sectors as the country seeks to harness technology to fuel economic growth, opined panelists speaking at DealStreetAsia’s Indonesia PE-VC Summit in Jakarta. Chief Investment Officer of INA Stefanus Ade Hadiwidjaja was also a panelist in the session. He said INA wants to expand its investment focus beyond its key sectors, emphasizing energy transition and critical minerals. He also emphasized that INA was keen to support the Indonesian government’s ambitious 8% economic growth target and was exploring new areas like the electric vehicle (EV) ecosystem and downstream processing of minerals, including copper.

The success of the Bali International Hospital (BIH) project is strengthened by the support of PT Pertamina (Persero), Swire Group and Indonesia Investment Authority (INA). PT Pertamina (Persero), as the parent company of PT Pertamedika IHC, fully supports the development of BIH as part of its commitment to improve the quality of national healthcare services. Swire Group, a globally recognized company focused on long-term investment, brings world-class operational and infrastructure management expertise. Meanwhile, INA, as the state-owned investment management agency, ensures the project aligns with the national strategy to support economic growth while attracting international investment.