Announced
Synopsis
APG, a pension investor, and ADIA, a globally-diversified investor, agreed to invest in Trans Java Toll Roads. Financial terms were not disclosed. “Infrastructure remains a foundational need for supporting the region’s economic growth and delivers stable, risk-adjusted returns for the benefit of APG’s pension fund clients and their participants. With this investment, we aim to help communities unlock economic value by providing connectivity between developing rural and urban regions through quality infrastructure. We look forward to working with our partners to support Indonesia’s infrastructure improvements as its economy continues to undertake a transformative journey," Hans-Martin Aerts, APG Head of Infrastructure & Natural Resources Asia-Pacific.
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