Why Indonesia Matters

  • Stefanus Ade Hadiwidjaja, Chief Investment Officer, Indonesia Investment Authority
  • Sunata Tjiterosampurno, Co-CIO & Member of Investment Committee, Northstar
  • In conversation with Aastha Maheshwari, Senior Reporter (Indonesia), DealStreetAsia

In spite of the current global economic uncertainties, Indonesia remains an attractive destination for investments. In 2022, investment realization in the country rose 34% from the previous year, signaling a healthy appetite from both local and international investors. In order to draw more investments, the government set up the Indonesia Investment Authority in 2021, which aims to support the country’s sustainable development and build wealth for its future generations. The country’s sovereign wealth fund is targeting investments worth $1 billion this year, mainly across the energy, infrastructure, digital, and healthcare sectors.
The country is also reliant on private-sector investments to boost economic growth. Indonesia’s Lippo Group invests across various sectors of the economy including real estate, healthcare, retail, tech, financial services, and more.
In this discussion, INA CIO Stefanus Ade Hadiwidjaja and Lippo Karawaci CEO John Riady will touch upon the massive opportunities that exist within the public and private sector domain as well as the potential for collaborations in high-growth sectors.