State Fund requested by Rini Rp 100 billion

By signing PT Bandha Investasi Indonesia's establishment act at the Ministry of State Enterprises Jakarta, Thursday (28/6), the Minister Rini regretted that the initial capital of private investment funds is too small, Rp 30 billion to Rp 40 billion

"At the time of the presentation, investors Bahana Kapital Investa, mutual funds, from from Rp 30-40 billion at least Rp 100 billion, "said Rini.

PT Bandha Investment Indonesia is a joint venture of eight state-owned financial services companies, PT Bahana Pembinaan Usaha Indonesia (Persero), PT Danareksa (Persero), PT Asuransi Jasa Raharja (Persero), PT Askrindo ( Persero), PT Asuransi Jasindo (Persero), PT Asabri (Persero), Perum Jamkrindo and PT Taspen (Persero).

PT Bandha Investasi Indonesia will manage BUMN Fund that can meet the financing needs of poryek infrastructure with potential investors (19659004) In the beginning, PT Bandha will develop a long-term strategy with an initial capital of 30 billion Rp to Rp. 40 billion. The funds are expected to be included in the first 6-12 months and will be used to review the investment strategy, obtain investment pipeline, preferential terms and fundraising from private parties and Foreign.

According to Rini, with a joint venture that has large badets, PT Bandha will manage the funds of these public companies for the financing of infrastructure.

In addition, Rini also hopes that the managed fund for this joint venture financing investment could reach US $ 10 billion, far exceeding the target companies. Rp 13 billion. "In 2022, I'm almost 65, $ 1 billion, I want $ 10 billion, think big, because you're fat, it's big." Our infrastructure program is said to be 5,500 billion rupees Rini hopes the SOE fund should be a solution for more structured financing of infrastructure, as well as the optimization of the management of public funds, either by investing in projects or portfolios