Investor Presentaiton
Boosting Investment:
Indonesia Investment Authority (INA) To Accelerate FDI
•PP Number 73 of 2020 concerning Initial Capital for the Indonesia Cumulative total deployment
Investment Authority
Legal ⚫pp Number 74 of 2020 concerning the Indonesia Investment
basis Authority
(INA and partners)
2023 to
-USD
-USD
date
2.2 bn
2022
-USD
1.7bn
•PP Number 49 of 2021 concerning Tax Treatment of Transactions
Involving the Indonesia Investment Authority and/or Entities
Owned
2021
800 mn
⚫PP Numbers 110 and 111 of 2021 concerning the Addition of PMN
to the Capital of Investment Management Institutions
Update on Progress
Fruitful partnerships with various institutional investors have resulted in >USD 25 billion in collective commitments. INA has deployed >USD 2 billion of capital to date
together with investor partners and will potentially deploy close to USD 3.5 billion by the end of 2023
Investment opportunity that has been completed (closed):
•
•
Digital infrastructure: Mitratel's IPO for a total transaction size of USD 800 million together with ADIA, ADG, GIC
Toll Road: Investment into SMR PPTR (Waskita Karya Toll Road) for an upfront transaction size of USD 400 million together with CDPQ, ADIA, APG
Tourism/Digital: Investment into Traveloka for a total transaction size of USD 300 million with BlackRock, Allianz, and other leading institutions
Healthcare: Investment into a significant minority stake in Kimia Farma Apotek and subscription into Kimia Farma (KAEF IJ)'s MCB for a total transaction size of USD 150
million with Silk Road Fund
Green Energy: Anchor investor into the IPO of Pertamina Geothermal Energy (PGEO IJ) for a total transaction size of USD 490 million with Masdar
Current cooperation agreements secured are:
•
•
•
Toll Road: Investment platform with ADIA, CDPQ, and APG for USD 3.75 billion. The Hutama Karya opportunity is expected to close in June 2023, while a Waskita Karya
opportunity is envisioned to be completed in early 2023.
Seaports: Alliance agreement with DP World for developing container ports and supporting maritime logistics infrastructure amounting to USD 7.5 billion throughout the
concession period.
Green Sector: USD 2 billion investment for Optimizing blended finance in ETM programs such as ADB, SMI, PLN, Global Energy Alliance with CATL Green EV Fund
General: USD 10 billion investment framework agreement with ADG for various sectors in Indonesia
General: USD 3 billion investment framework agreement with SRF for various sectors in Indonesia
Source: Coordinating Ministry of Economics
Source: INA, as of May 30, 2023
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