Indonesia Investment Authority (INA), the country’s sovereign wealth fund, has received more than USD20 billion of co-investments from GIC Private Limited, Singapore’s sovereign wealth fund, and Abu Dhabi Investment Authority. Additionally, in early 2022, the Government of China’s Silk Road Fund had agreed to invest up to USD2.78 billion in the fund.

The INA is currently seeking infrastructure assets as well as investments in water and logistics sectors, and digital infrastructure including fibre optics and data centre projects.

INA was launched in early 2021 with an initial allocation of USD5 billion from the Government of Indonesia.