Investment PORTFOLIO

Our Investments

Our portfolio includes investments across our key sectors, with reputable co-investors from around the world. Through strategic partnerships, we create value and operational alpha in our portfolio companies.

A diversified, strategic portfolio to support Indonesia's development and achieve risk-adjusted returns

We create value and operational alpha in our portfolio companies.

Toll Road

Trans-Java Toll Road – Kanci-Pejagan and Pejagan-Pemalang Sections

Java, Indonesia

INA, through its toll road investment platform with APG Asset Management and Abu Dhabi Investment Authority (ADIA), has acquired two sections of the Trans-Java Toll Road with a total length of approximately 93 km.

This platform introduces two of the world’s biggest infrastructure investors, APG and ADIA,  to the Trans-Java Toll Road, which connects and key industrial hubs and urban centers on Indonesia’s most populated island.

Toll Road

Trans-Sumatra Toll Road – Medan-Binjai and Bakauheni-Terbanggi Besar Sections

Sumatra, Indonesia

INA has acquired two toll-road concessions within the Trans-Sumatra Toll Road, namely the Medan-Binjai (“MB”) and Bakauheni-Terbanggi Besar (“BTB”) sections. These two sections encompass a total toll road length of approximately 158 kilometers.

This investment plays a key strategic role in Indonesia’s infrastructure master plan as a backbone of the Trans Sumatra toll-road network.

Modern Warehouse

Three Modern Warehouse Assets in Greater Jakarta

Greater Jakarta, Indonesia

INA has acquired three modern warehouse assets situated in key industrial zones within Greater Jakarta, through a strategic partnership with ESR Group and MC Urban Development Indonesia (MCUDI), a wholly-owned subsidiary of Mitsubishi Corporation.

Indonesia’s large and growing middle class, e-commerce, and demand from MNCs and 3PLs will continue to drive growth in modern warehouses.

Telco Tower

PT Dayamitra Telekomunikasi Tbk (Mitratel)

Indonesia

INA participated in Mitratel’s IPO along with several other sovereign wealth funds, namely GIC of Singapore, and ADIA and ADG of Abu Dhabi, UAE.

Mitratel, as Indonesia’s largest telco tower company, is at the forefront of improving network coverage across Indonesia, which remains underpenetrated and has significant potential for growth.

Telco Tower

Traveloka

Indonesia

INA, in collaboration with a private credit fund managed by BlackRock and other co-investors, has provided funding to Traveloka with a total facility amounting to USD 300 million to support the growth of the digital ecosystem in the travel sector.​

Traveloka is a pioneer in the digital transformation of the Indonesian travel sector, where the company currently holds a dominant market share both in Indonesia and regionally (SEA). This funding allows Traveloka to continue growing, especially in Indonesia, where most of the funds will be utilized.

Green Energy Generation

PT Pertamina Geothermal Energy Tbk (PGE)

Indonesia

INA, together with Masdar, one of the world’s leading renewable energy companies, co-invested in Pertamina Geothermal Energy via IPO.

PGE, as Indonesia’s largest geothermal energy company and one of the largest in the world, seeks to continue to develop Indonesia’s significant geothermal energy potential.

Retail Health

PT Kimia Farma Tbk and Kimia Farma Apotek

Indonesia

INA invested in Kimia Farma Apotek, the largest pharmacy retail chain company in Indonesia, and Kimia Farma, the largest integrated healthcare company in Indonesia.

This investment seeks to realize the significant market potential of Indonesia’s healthcare sector and value creation potential of the portfolio company.