It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.

The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...

President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial ...

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

Indonesia's sovereign wealth fund Daya Anagata Nusantara (Danantara) could help drive national infrastructure investment, ...

Danantara head is Minister of Investment Rosan Roeslani, while the Supervisory Board is led by the Minister of SOEs, Erick ...

Minister of Public Works Dody Hanggodo hopes Danantara will support the acceleration of strategic infrastructure development.

President's Special Advisor on Economics and National Development Bambang Brodjonegoro emphasized that the leadership of the ...

JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative ...

A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle ...

Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.