Investment Authority Indonesia Could Become a Reality
Posted on 10/07/2020
Indonesia is back on pace toward creating a sovereign wealth fund. The fund seeks to have an initial equity amount of roughly US$ 5 billion and would seek to attract up to US$ 15 billion in outside capital. The Indonesian government could commit up to 30 trillion Indonesian rupiah in cash for its equity and include other assets. These other assets would be stakes in state-owned companies, which could reach the US$ 5 billion equity target. The fund would formerly be called the Investment Authority Indonesia.
The fund would be a strategic development sovereign wealth fund (SDSWF).
