During 2022, the Indonesia Investment Authority (INA) attracted around USD3.8 billion in infrastructure and green energy investments from various sovereign wealth funds (SWF) as well as public pension funds. Some of the key investors during the year included, Abu Dhabi Investment Authority (ADIA), China Investment Corporation, Singapore-based Temasek and Malaysia-based Khazanah.
Additionally, under the latest deal signed in December 2022, the INA and the Government of Denmark’s Investment Fund for Developing Countries (IFDC) will co-invest around USD500 million in renewable energy, water and waste management projects in Indonesia.
This trend is also expected to continue in 2023. While infrastructure development and green energy transition will continue to be the key focus of the INA, investment is also planned in other sectors including financial services, healthcare and clean technology.