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Indonesian fund, oil giant plan more investments in Phl
The Philippine Star
|August 15, 2025
Indonesia's sovereign wealth fund and state-owned oil and gas company are looking to expand their investments in the Philippines, according to the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA).
In a statement yesterday, the OSAPIEA said SAPIEA Frederick Go met with top executives of Indonesia's nearly $1 trillion sovereign wealth fund Danantara and oil and petroleum company Pertamina.
Also present in the meeting were Environment and Natural Resources Secretary Raphael Lotilla and Energy Secretary Sharon Garin.
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