Jakarta, May 8 -- Indonesia has unveiled a new investment fund worth 5 trillion IDR (approximately 312.5 million USD) aimed at strengthening its creative economy and positioning the nation as a global cultural innovation hub.

The announcement was made at a ceremony in Jakarta, where former Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno signed a memorandum of cooperation with United Media Asia, a Southeast Asian creative content and digital technology development company.

Minister of Culture Fadli Zon, who witnessed the signing, emphasised that the initiative aligns with the national agenda of promoting comprehensive, harmonious, and sustainable cultural development. He expressed hope that projects supported by the fund...