2022 State Budget: Fiscal Policy and Structural Reform
Efforts to Accelerate Infrastructure Provision
Sovereign Wealth Fund (SWF)
SWF Investment Guide
Omnibus Lawmandated 1
the establishment of
| Sovereign Wealth Fund as |
Gol investment body
With goal to
.
•
Increase and optimize
asset value in long
term
To support
sustainable
development
Gol committed to invest
IDR 15 Billion as initial
capital for SWF/LPI
Domesticand
International
Investor
Co-Investor
Government of Indonesia
Cq. Ministry of Finance
Indonesia Sovereign Wealth Fund
(Lembaga Pengelola Investasi/LPI)
(Minority Shareholder)
Direct landing to company/
asset/project
Managed
fund for
Investment
Agreement
Managed
fund for
Energy &
Natural
Resources
infrastructure
• Toll roads
Airports
•
Seaports
• Oil & Gas
reserves
Management
Agreement
Master Fund
Manager
Master Fund/ Manage Fund
Principal
Investor
(ex. ADB, JBIC)
Investment
Agreement
Managed fund
for Health
Managed fund
for
Tourism
Managed fund
for
Technology
sector
• Hospitals
•
Pharma-
ceuticals
• Tourism SEZ
• Tanamori
• Toba
.
Likupang
⚫ Hotel chain
•
• Payments
Managed fund
for New Capital
Digital lending
• Contractor
• Utilities
• Land &
building
• Commerce
Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP)
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