Indonesia, Danantara and sovereign wealth fund

New Indonesia sovereign wealth fund to invest $20 billion in projects, president says
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said on Monday, as he launched the country's new sovereign wealth fund.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Indonesia’s New Danantara Investment Fund Readies for Launch
A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth.
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a powerful catalyst to attract investment and fuel the nation’s ambitious growth trajectory.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
Indonesia launches new multibillion dollar Danantara sovereign wealth fund
Indonesia's Prabowo officially establishes Danantara, which is modelled on Singapore's investment arm Temasek Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than US$900 billion as President Prabowo Subianto looks to turbocharge growth in Southeast Asia's biggest economy.
Antara News5h
Danantara launch marks shift in investment management: ministry
Deputy Minister for the Protection of Migrant Workers, Christina Aryani, expressed her support for the Daya Anagata Nusantara ...
Tempo21h
Danantara to be Launched Today: Investment in State Assets, Targeting US$900 Billion
Danantara will be launched today with a target investment of US$900 billion. The initial funding is targeted at US$20 billion.
The Jakarta Post7h
Prabowo’s new Danantara faces uphill battle for investor trust
Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.
Antara News6h
DPR lauds Danantara launch, says will promote public welfare
Chairperson of Commission XI of the House of Representatives Mukhamad Misbakhun on Monday praised the launch of the Daya ...
Tempo17h
Danantara Officially Launched, Analysts Highlight Importance of Transparency
Danantara, a Sovereign Wealth Fund (SWF), has ambitious goals: to drive economic growth to 8 percent by 2029, and to focus on ...