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The Ministry of Investment and Downstream Industry/Indonesia Investment Coordinating Board (Indonesian: Kementerian Investasi dan Hilirisasi/Badan Koordinasi Penanaman Modal) is a government ministry formed by the Indonesian government in 2021. The ministry is responsible for investment affairs and facilitating easiness of investment in Indonesia.
In June 2023, the INA partnered with MCUDI and ESR Group for investments into three logistic parks in Indonesia. [19] According to Ministry of Foreign Affairs of Indonesia, INA has reached agreement with DP World from United Arab Emirates to develop and improving the infrastructures of Port of Belawan, Medan, in June 2023.
The Indonesia Clean Technology Fund was raised in partnership with Indonesia's finance ministry and the Government Investment Unit raised 10% of the fund. [2] In January 2010, the GIU pledged a contribution of $100 million to the Indonesian Green Investment Fund, which it will also oversee in terms of management. [ 3 ]
The term "sovereign wealth fund" was first used in 2005 by Andrew Rozanov in an article entitled, "Who holds the wealth of nations?" in the Central Banking Journal. [1] The previous edition of the journal described the shift from traditional reserve management to sovereign wealth management; subsequently the term gained widespread use as the spending power of global officialdom has rocketed ...
Development of disadvantaged regions programs was started under the Abdurrahman Wahid presidency. At that time, the post of Undersecretariat of Acceleration of Development in Eastern Indonesia Affairs of the Republic of Indonesia (Indonesia: Menteri Muda Urusan Percepatan Pembangunan Kawasan Timur Indonesia Republik Indonesia) created by him through Presidential Decision No. 234/M/2000 on ...