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 new multibillion dollar Danantara sovereign wealth fund
Indonesia’s Prabowo officially establishes Danantara, which is modelled on Singapore’s investment arm Temasek.
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.
Danantara to become one of largest sovereign wealth funds: Prabowo
President Prabowo Subianto announced that Indonesia's newly launched sovereign wealth fund, Daya Anagata Nusantara (Danantara), will be one of the largest
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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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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 ...
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 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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Presidential Advisory Council Responds to IHSG Slipping After Danantara Launch
Presidential Advisory Council Bambang Brodjonegoro said that the market is still trying to understand how Danantara will ...
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 ...