HomeEconomyIndonesia's sovereign wealth fund secures $20 billion co-investment Economy Indonesia's sovereign wealth fund secures $20 billion co-investment By farahat September 29, 2022 0 148 views Share FacebookTwitterPinterestWhatsApp Dollar /CNY -0.10% Add to/Remove from watchlist Add to watch list Add Location Job added successfully : Please name your Collections Folder type: purchase Sell date: quantity: price Viewpoint value: Leverage: 1:1 1: 1: By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Indonesia’s sovereign wealth fund has received more than $ multi-billion dollar co-investment from funds such as Singapore’s GIC and Abu Dhabi Investment Authority and is actively looking for infrastructure assets , its executives told Reuters. “The money is there, but it’s about finding the right angle, the right size,” said Ridha Wirakusumah, chief executive of the Indonesian Investment Agency (INA) on Thursday. It will not be easy to get the right returns, said on the sidelines of the Asia Summit of the Milken Institute in Singapore. Indonesia’s young population, abundant nature The resources and its status as the region’s largest economy are attractive to investors, but weak infrastructure, red tape and corruption hinder investment. Sole Sovereignty of Indonesia Fund INA was established at the beginning of the year 84 The government allocated $5 billion. Unlike many other national wealth funds that manage excess oil revenues, with foreign exchange reserves, INA seeks to attract Foreign co-investors to help finance economic development. Former banker Ridha says state investors have “real-time deals” on toll roads , airports and seaports. He said the fund is also looking to invest in water and logistics sectors, as well as digital infrastructure including fibre and fibre industry. data center. exist100, INA set $3. with Caisse de dépôt et placement du Québec, APG Asset Management of the Netherlands and a division of the Abu Dhabi Investment Authority Cooperative Billion Toll Road Fund. In this case, the China Silk Road Fund agreed to invest at most RMB 100 million ($2. billion) at INA. “Indonesia needs infrastructure,” Ridha said. “From an investment standpoint, this is actually good for not only the long-term impact, but the social impact as well.” ($1=7.50 84 RMB RMB) 78 Share FacebookTwitterPinterestWhatsApp Previous articleBiden sends FEMA administrator to Florida Friday – statementNext articleFed's Mester: U.S. financial instability not a major risk right now farahat RELATED ARTICLES Economy China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens December 9, 2023 Economy Exclusive-Biden administration presses Congress to approve tank shells for Israel’s war in Gaza -sources December 9, 2023 Economy Wall Street closes higher as jobs data hints at soft landing December 8, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Photographer and Beauty Founder Nuria Val Shares Her Epic Iceland Travel Diary December 9, 2023 In Frank Gehry’s New Handbag Collection With Louis Vuitton, Fashion and Architecture Become One December 9, 2023 Chanel’s Metiers D’Arts Show Had a Playlist to Fit the Manchester Mood December 9, 2023 MLB Rumors: Billionaire David Rubenstein in Talks to Buy Orioles from Peter Angelos December 9, 2023 Load more Featured NEWS Sarah Jessica Parker Will Host the 2023 CFDA Fashion Awards—See All the Honorees and Nominees Here September 27, 2023 UK food shopper transactions drop as cost of living crisis deepens August 28, 2022 Gold Factory Jackpots Super Moolah lobstermania slots real money Slot By the Aurum Trademark Studios January 30, 2023 1Вин вход на официальный сайт зеркало 1Win на сегодня March 28, 2022 Load more