TEMPO.CO, Jakarta - President Joko "Jokowi" Widodo officially inaugurated members of the supervisory board of the Indonesia Investment Authority in a ceremonial event held at the State Palace under strict health protocol on Wednesday, January 27, 2020.
The inauguration comes after the president enacted Presidential Decree No.6/P/2021.
The members who were inducted into the Indonesia Investment Authority supervisory board are the Finance Minister (Chairperson), State-owned Enterprises Minister (member), Darwin Cyril Noerhadi (member for 2021-2026), Yozua Makes (member for 2021-2025), and Hariyanto Sahari (member for 2021-2024).
President Jokowi enacted the government regulation on the Indonesia Investment Authority (INA) on December 14, 2020, which grants special authorization to manage the central government's investments as mandated by Law No.11 of 2020 on Job Creation.
INA is created to increase and optimize investment values managed for the long-term support for the national sustainable development. This government body is entirely managed by the central government and reports directly to the President.