INA Joins China-ASEAN Galaxy Orientis Investment Platform
The Indonesia Investment Authority (INA), together with the China Investment Corporation (CIC) and the State Oil Fund of the Republic of Azerbaijan (SOFAZ), has formed the Galaxy Orientis China-ASEAN investment platform. This programme unites the three sovereign wealth funds in a jointly managed investment platform designed to promote long-term capital flows and industrial collaboration between China and countries in the ASEAN region.
The platform was launched at a signing ceremony held in Beijing, China, on 13 April 2026. In this programme, CGS International Securities Pte. Ltd., the international unit of China Galaxy Securities, will act as the General Partner. At the initial close, Galaxy Orientis China-ASEAN successfully raised US$520 million. The targeted investment amount is US$1 billion.
“As INA’s first investment in a funds-of-funds scheme under the thematic programme, this initiative reflects our role as a strategic partner in unlocking access to high-quality investment opportunities,” said Acting Chairman of the INA Board of Directors Eddy Porwanto in an official statement on Friday, 17 April 2026.
Through this platform, he said, INA aims to facilitate long-term capital flows, along with expertise and global networks, by engaging global institutional investors in sectors that support growth in Indonesia.
CIC CEO Zhang Qingsong stated that the formation of Galaxy Orientis is based on strong confidence in the economic growth prospects of ASEAN and the significant potential for cooperation between China and ASEAN. According to him, the platform will invest in high-quality companies targeting the ASEAN market. Thus, the investments are expected to deliver solid returns while promoting economic prosperity in the region.
SOFAZ CEO Israil Mammadov added that the newly formed platform is an important milestone in his institution’s strategy to build strong partnerships among sovereign wealth funds.
“By combining collective expertise and long-term capital, we are better positioned to capitalise on the acceleration of trade and supply chain integration between China and Southeast Asia, while contributing to further diversification of SOFAZ’s investment portfolio,” he said.