Jakarta (ANTARA) - President Joko Widodo (Jokowi) expressed belief that the Indonesia Investment Authority (INA) would be able to catch up with similar institutions in other countries and garner national as well as international trust.

"I believe the INA is capable of catching up and gaining national as well as international trust," the head of state noted while introducing the INA Supervisory Board and Board of Directors at the Merdeka Palace, Jakarta, Tuesday, as witnessed in the YouTube broadcast of the Presidential Secretariat.

The head of state remarked that the INA held a strategic position in accelerating sustainable development, increasing and optimizing the value of state assets in the long term, and offering alternative financing for sustainable national development.

"Through the existence of the INA, we will reduce the gap between domestic funding capacity and development financing needs," the president stated.

The head of state believes that the INA would become a strategic partner for investors, both from within and outside the country, in order to provide sufficient financing for development programs, especially the national infrastructure financing program. Related news: Jokowi introduces directors of Indonesian Investment Authority
Related news: INA foreign partners to pay 7.5% tax on dividends


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Translator: Rangga Jingga, Azis Kurmala
Editor: Suharto
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