Indonesia Launches Sovereign Wealth Fund

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 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 sovereign wealth fund: what to know
Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia’s largest economy and give the ex-general greater control of the country’s coffers.
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.
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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Prabowo Claims Danantara's Rp3tn Capital from Budget Savings; Advisor Responds
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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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Indonesia to invest in three key sectors
Indonesia s newly inaugurated sovereign wealth fund, Daya Anagata Nusantara (Danantara), will prioritize investments in ...
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Danantara is Not Above the Law, Group CEO Claims
TEMPO.CO, Jakarta - Group CEO of the State-Owned Enterprises Investment Management Agency (BPI) Rosan Roeslani stated that ...
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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Jokowi, Yudhoyono join President Prabowo at Danantara inauguration
The two former presidents, together with Indonesian Democratic Party of Struggle (PDI-P) chairperson and Indonesia's fifth ...
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Danantara optimizes management of state assets: Prabowo
Indonesian President Prabowo Subianto affirmed that the Danantara Indonesia Investment Management Agency must become a ...