Management Agency Investment (LPI) or the Indonesia Investment Authority (INA) as the management agency endowmentformed a consortium with Abu Dhabi (Abu Dhabi Investment Authority/ADIA), Canadian pension fund management company Caisse de dépôt et placement du Québec (CDPQ), and APG Asset Management.
LPI/INA President Director Ridha Wirakusumah said the consortium would become an investment platform that focuses on strategic projects in the infrastructure sector, such as the construction or acquisition of toll roads.
Through an official release, Ridha said that in the next six months, he will intensively evaluate investment opportunities on toll roads. The target is an investment of Rp54 trillion or US$3.75 billion that will be disbursed.
He said that the joining of various large investors at the beginning of the project showed the great confidence of global investors in Indonesia’s economic potential.
The Indonesian government has already issued the first IDR 15 trillion and will again inject an additional IDR 60 trillion in 2021.
“We believe this is a positive start for more collaborations between us and other investors in many sectors in Indonesia,” said Ridha, Friday (21/5).
On a separate occasion, Ridha said that at least 34 toll road projects will be offered to investors, consisting of 14 toll road projects belonging to Waskita, 15 Jasa Marga toll roads, and 5 Hutama Karya toll roads.
Waskita Karya Toll Road, for example Kanci-Pejagan Toll Road, Pejagan-Pemalang Toll Road, and Kuala Tanjung-Tebing Tinggi-Parapat Toll Road. For toll roads owned by Jasa Marga, such as Gempol-Pasuruan Toll Road, Medan-Kualanamu-Tebing Tinggi Toll Road, and Pandaan-Malang Toll Road.
Meanwhile, the toll roads from Hutama Karya are the Medan-Binjai toll road and the Pekanbaru-Dumai toll road. Then, there are also several airports that will be offered from PT Angkasa Pura I (Persero) and PT Angkasa Pura II (Persero).
He explained that the airport will be very attractive because it already has a high passenger capacity, which is around 13-23 million passengers.
Meanwhile, for ports owned by PT Pelabuhan Indonesia I-IV.
“This combined can become the 9th biggest player in the world,” added Ridha previously.
Apart from infrastructure, Ridha said that LPI will work on various sectors in the future, namely digital infrastructure, logistics, health services, new and renewable energy, waste management, consumer, technology, and tourism.
Ridha also shared the characteristics of the funds sought by LPI, namely equity and not debt. Then, invest according to the agreement of the individual to the partner.
[Gambas:Video CNN] (wel/one)
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