Danantara Launch is a Form of Government’s Commitment to Managing Sustainable Investment

Jakarta – Indonesia currently has the Daya Anagata Nusantara Investment Management Agency. President Prabowo Subianto officially launched the Daya Anagata Nusantara Investment Management Agency (Danantara) at the Presidential Palace Yard in Jakarta. The launch of Danantara is a form of government commitment to managing sustainable investment for Indonesia’s future.

“The launch of Danantara Indonesia today has a very important meaning because Danantara Indonesia is not just an investment management agency but must become a national development instrument that will optimize the way we manage Indonesia’s wealth,” said President Prabowo.

The launch of Danantara marks the government’s strategic steps in managing national investment to support sustainable investment growth.

President Prabowo said that the management of Danantara is expected to change the way the nation’s wealth is managed for the welfare of the people.

According to the President, the government has proven its commitment with discipline and responsible financial management.

“We have proven our commitment to managing state assets with strict financial discipline and responsible governance in the first 100 days of my government, we have managed to secure more than 300 trillion rupiah, almost 20 billion dollars in state savings,” he concluded.

The funds will then be managed by Danantara and invested in national industrialization and downstream projects. President Prabowo believes that these projects have an impact in creating significant added value for Indonesia.

“High-impact projects that will create significant added value for our nation, create real benefits, quality jobs, and long-term prosperity for the Indonesian people,” he added.

Meanwhile, Citra Institute senior researcher Efriza assessed that the idea of ​​establishing an Investment Management Agency called Danantara was very good.

According to Efriza, Danantara will present investment power with funds allocated for the community.

“Danantara’s presence in Indonesia will be an investment force with funds allocated for the community,” said Efriza.

The same thing was also conveyed by Mirae Sekuritas Senior Investment Analyst, Nafan Aji. According to Nafan Aji, the launch of Danantara has become a positive sentiment for the capital market. However, market behavior will examine the background of Danantara’s managers.

“Market players want Danantara to be managed by actors who really have the capacity and capability in terms of management. Because indeed the total assets of this BUMN are up to IDR 1,400 trillion, if they are truly managed effectively, it will be a positive thing for our economic growth,” said Nafan.

For the capital market, Danantara’s presence is also seen as good because it can create and focus on creating inflow in the capital market.

“So far, the 5 percent economic growth has been supported by public consumption, as well as government spending. Increasing investment will certainly increase economic growth, so Danantara must be formed quickly,” said Nafan.

With assets of more than Rp 1,000 trillion, Nafan also sees Danantara as being bigger than Temasek in Singapore and Khazanah in Malaysia. For managers, Nafan hopes that managers will still come from professional groups so that capital market sentiment continues to be positive.