Indonesia Launches 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.
New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
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.
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.
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.
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Various International Media Highlight Concerns for Indonesia's Danantara
Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds would be audited.
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Indonesia to invest in three key sectors
Indonesia s newly inaugurated sovereign wealth fund, Daya Anagata Nusantara (Danantara), will prioritize investments in ...
Prabowo’s Danantara faces uphill battle for investor trust: Analysts
President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial ...
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Danantara Opens Opportunities for Private Sector in Infrastructure Development, Says Public Works Minister
Minister of Public Works Dody Hanggodo hopes Danantara will support the acceleration of strategic infrastructure development.
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Danantara leaders must demonstrate full commitment to running company
President's Special Advisor on Economics and National Development Bambang Brodjonegoro emphasized that the leadership of the ...
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Danantara snubs megaproject Nusantara in investment priorities: State Palace
Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki ...
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Prabowo Claims Danantara's Rp3tn Capital from Budget Savings; Advisor Responds
Prabowo claims that he has secured more than Rp300 trillion from inefficiency, corruption, and improper spending, to be ...