By Jake J. Maderazo

Philippine Daily Inquirer-Dec 6, 2022

Our neighbor, Indonesia launched their sovereign wealth fund in February 2021 with a seed capital of just $5.4-B. Now after a year, it has ballooned to $24.5 after foreign investors took interest in their efforts to build toll roads. Just last month, Singapore’s GIC and the Abu Dhabi Investment Authority has invested more than $20-B to fund airports, seaports also in water and logistics sectors, and digital infrastructure industry that includes fiber optics and data centers. Read more at: https://opinion.inquirer.net/159353/sovereign-wealth-fund First published in Philippine Daily Inquirer