| Southeast Asia’s largest economy with a GDP of US$888.54 billion – is mulling over creating a sovereign investment company modelled after Singapore’s Temasek Holdings (Private) Limited (Temasek), in a bid to drive continuous development in the country, says Finance Minister Bambang Brodjonegoro.
In an interview with Bloomberg, Bambang was quoted as saying that the proposed investment holding company would constitute four or five state-owned entities, which could then buy shares in Indonesian companies. “A super-holding of our state-owned enterprises (SOEs), that could be a very good sovereign wealth fund (SWF) for Indonesia,” he says...............................................Full Article: Source
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