Industry Newsroom

JBIC and DFC to Invest USD6b in Indonesia’s New Sovereign Wealth Fund

The Japan Bank for International Cooperation (JBIC) and the U.S. International Development Finance Corporation (DFC) have committed to investing USD6b to Indonesia’s new sovereign wealth fund. JBIC has committed to investing USD4b, while DFC has signed a letter of intent to invest USD2b in the fund. Read more