JAKARTA, Jan 2 (Reuters) – Indonesia is targeting 170 trillion rupiah ($10.92 billion) this year.
About 260 trillion rupiah was raised through the capital market last year, including the IPO of top tech company PT GoTo Gojek Tokopedia (GOTO.JK) which raised $1.1 billion in April.
Inarno Djajadi, head of capital markets supervision at the Financial Services Authority, said there were 84 deals in the pipeline with an estimated total value of 81.41 trillion rupiah ($5.23 billion).
About 54.5 trillion rupiah of that would come from 58 potential IPOs.
Companies expected to go public in 2023 include two units of state-owned energy company Pertamina, Pertamina Geothermal Energy and Pertamina Hulu Energi.
Pertamina Hulu Energi could raise up to $2 billion, sources with knowledge of the matter told Reuters in December.
State-owned enterprises minister Erick Thohir said in a separate event Monday that state-owned palm oil producer Palm Co, a unit of state-owned plantation company PTPN III, could launch an IPO this year.
($1 = 15,570,0000 rupiah)
Reporting by Stefanno Sulaiman; Additional reporting by Bernadette Christina Munthe; Editing by Gayatri Suroyo, Martin Petty
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