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New Indonesia sovereign wealth fund to invest $20 billion in projects

Bangkok Post LogoBangkok Post4h ago

New Indonesia sovereign wealth fund to invest $20 billion in projects - Bangkok Post

Quick Summary:

JAKARTA - Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said on Monday, as he launched the country's new sovereign wealth fund.

Rosan confirmed the Indonesia Investment Authority will operate separately from Danantara.

INA currently manages $10.5 billion worth of assets, including funds from co-investors, such as Dutch pension fund APG Asset Management and Abu Dhabi Investment Authority, according to its website.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 13:45:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26366916

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 17 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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  • URL: https://chronographically.beamstart.com/news/new-indonesia-sovereign-wealth-fund-17403818494390

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