Insights Hub
At Insights Hub, we curate thought pieces that touch upon subjects of long- term significance for our nation and beyond. It's not about having all the answers, but about asking the right questions and seeking understanding. Here, you'll find perspectives from our diverse team, all crafted with the future of Indonesia firmly in mind.
Insight: Understanding sovereign wealth funds and their application in Indonesia
Indonesia established its first sovereign wealth fund (SWF), the Indonesia Investment Authority (INA), in late 2020 to drive sustainable development and secure Indonesia’s future. SWF, including INA, manages investments on behalf of citizens to generate financial or economic returns, with INA having a unique multi-mandate role. INA serves as a savings fund, a development fund supporting national strategic projects, and a co-investment fund to attract foreign direct investment (FDI). Since its inception, INA has become a Full Member of the International Forum of Sovereign Wealth Funds (IFSWF).
INA has played a crucial role in advancing Indonesia's economic growth, investing over USD 3 billion in key sectors like transport, green energy, digital infrastructure, and healthcare. Notably, half of this capital comes from reputable foreign investors. INA’s mission includes fostering partnerships with global and domestic investors, navigating local complexities, and ensuring governance and transparency.
