Japan to Invest $4 Billion in Indonesia’s Sovereign Wealth Fund
- Date: 05-Dec-2020
- Source: Bloomberg
- Sector:Financial Markets
- Country:Middle East
Japan to Invest $4 Billion in Indonesia’s Sovereign Wealth Fund
Photographer: Dimas Ardian/Bloomberg
Photographer: Dimas Ardian/Bloomberg
Japan will invest $4 billion in Indonesia's planned sovereign wealth fund through the Japan Bank for International Cooperation.The amount is double the commitment provided by the U.S. International Development Finance Corporation, according to Luhut Pandjaitan, Indonesia's minister of maritime and investment affairs, after a meeting with JBIC Governor Tadashi Maeda.
The Nusantara Investment Authority, as the fund