ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Indonesia in talks with Japan to create sovereign wealth fund

Southeast Asian nation seeks funding for infrastructure, capital relocation

Indonesian President Joko Widodo and Japanese Prime Minister Shinzo Abe attend the East Asia Summit in Bangkok last month.   © Reuters

JAKARTA -- Indonesia is in talks with countries including Japan to establish a sovereign wealth fund, as it looks to double down on investment and boost economic growth.

Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan revealed that Indonesia was considering such a fund after a meeting on Tuesday with President Joko Widodo and Tadashi Maeda, governor of Japan Bank for International Cooperation, a Japanese public financial institution and export credit agency.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more