Indonesia is set to establish a sovereign artificial intelligence fund to support its ambitions of becoming a leading regional hub for this rapidly evolving technology, according to an official government document.
The plan is part of the country’s first national AI roadmap, which aims to attract foreign investment and strengthen Indonesia’s position in the global AI and semiconductor race.
The initiative follows significant progress by neighboring Malaysia, which has secured billions of dollars from global technology companies to build vital infrastructure for cloud computing and AI services.
The Indonesian strategy, detailed in a 179-page white paper, recommends creating a sovereign AI fund to be managed primarily by the country’s newly established sovereign wealth fund, Danantara Indonesia, which oversees assets exceeding 900 billion US dollars. Although the document does not specify the amount required, it outlines a timeline for launching the fund between 2027 and 2029.
The roadmap also addresses key challenges facing Indonesia, including a shortage of skilled professionals, limited research funding, and other barriers to AI development.
Major technology companies such as Nvidia and Microsoft have already expressed interest in Indonesia’s AI ambitions, signaling the potential for significant international collaboration and investment in the coming years.
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