JAKARTA -- The Indonesia Investment Authority, a sovereign wealth fund, has signed its first concrete investment pacts, agreeing to provide around 39 trillion rupiah ($2.7 billion) for toll roads on the islands of Java and Sumatra.
Landmark agreements to pump fresh capital into debt-ridden state builders

Indonesia's sovereign wealth fund is investing in two ambitious toll roads on the islands of Java and Sumatra. (Photo courtesy of Indonesia's presidential office)
JAKARTA -- The Indonesia Investment Authority, a sovereign wealth fund, has signed its first concrete investment pacts, agreeing to provide around 39 trillion rupiah ($2.7 billion) for toll roads on the islands of Java and Sumatra.