Government Investment Unit
| Country: Indonesia
Established: 2006 US$ Billion: 0.34 |
Origin: Non-Commodity |
Summary:
Also known as Pusat Investasi Pemerintah (PIP), the Government Investment Unit of Indonesia is a sovereign wealth fund managed by its Ministry of Finance. PIP can invest in a variety of asset classes such as equity, debt, infrastructure, and direct investments. Some of the PIP’s goals are to increase macroeconomic stability, economic growth, and government investment.
The GIU aims to mimic the success of Singapore’s Temasek Holdings and Malaysia’s Khazanah Nasional.
The fund has also committed some money to work with the Qatar Investment Authority on infrastructure development.
Strategy & Objectives
The GIU’s mission is to stimulate national economic growth through investment in strategic sectors in regards to optimum return and measurable risk.
FY 2010
Portfolio Allocation
84.5% – Special Assignment
a. 16% Toll Roads
b. 84% Electricity
9.5% – Equity
6% – Loans
