Indonesian SWF eyes investments worth $2.6b in dozens of infrastructure projects

Photo: REUTERS/Garry Lotulung

Indonesia‘s new sovereign wealth fund is exploring investment in dozens of projects, including toll road concessions worth $2.6 billion, in its first foray into infrastructure assets, a deputy minister said on Wednesday.

The Indonesia Investment Authority (INA) was launched last month with a target of managing $20 billion of assets, including some $5 billion the state will put into the fund this year.

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