Indonesia, Danantara and 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.
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’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 wealth fund to manage US$900 billion-plus of state assets
Indonesia has launched a new sovereign wealth fund to manage more than US$900 billion of state assets, two weeks after its parliament approved legislative amendment paving the way for the creation.
Indonesia launches Danantara sovereign wealth fund: 5 things to know
JAKARTA-- Indonesia on Monday launched a much-anticipated sovereign wealth fund that government officials say is key to hitting President Prabowo Subianto's 8% target for economic growth.
New Indonesia Sovereign Wealth Fund Danantara to Invest $20bn in Projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence.
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 launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo Subianto’s flagship programme - the free nutritious meal initiative  for students - as well as Danantara.
Indonesia launches the Danantara sovereign wealth fund, amid criticism over social spending cuts
Indonesian President Prabowo Subianto today inaugurated a new sovereign wealth fund, which is expected to manage US$ 900 billion in assets to finance projects and stimulate economic growth. This has e
Indonesia to Send $20 Billion to Newly Created Investment Agency
A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle ...
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Prabowo to Launch Danantara at the Presidential Palace in Jakarta Tomorrow
The launch of Danantara was announced by Prabowo in his speech at the World Governments Summit 2025. It will manage a US$900 ...
Indonesia’s funding plan for new investment arm sparks backlash, transparency concerns
Critics warn of potential corruption and unchecked political influence in managing state-owned assets via new sovereign ...