Danantara Realizes State Asset Consolidation for Economic Development
Jakarta, President of the Republic of Indonesia, Prabowo Subianto, today inaugurated the Daya Anagata Nusantara Investment Management Agency (Danantara) at the Presidential Palace, Jakarta. President Prabowo expressed the government’s commitment to optimizing state assets through strategic investment.
“By saying bismillahirrahmanirrahim, I launch Danantara as a concrete manifestation of state asset consolidation to encourage national economic growth,” he said.
Minister of Investment, Rosan Roeslani, said the launch of Danantara is an important milestone in the government’s efforts to change the paradigm of state investment. This strategic step emphasizes that state investment is the key to realizing a brighter and more sustainable future for the Indonesian economy.
“The launch of Danantara marks a new chapter in the reform of the national investment strategy. This step proves that state investment is the main key to a brighter and more sustainable future for the Indonesian economy,” he said.
Meanwhile, an economist from Gadjah Mada University (UGM), Eddy Junarsin, emphasized the importance of transparent governance and synergy between institutions in managing state assets.
“Asset consolidation through Danantara is an innovative step in facing global challenges. With strict supervision and optimal integration, every investment can be directed appropriately to strengthen Indonesia’s economic competitiveness,” he said.
The formation of Danantara is based on the amendment to Law Number 19 of 2003 concerning State-Owned Enterprises, which was ratified by the Indonesian House of Representatives on February 4, 2025. The revision regulates the duties and functions of Danantara as an investment management body that not only focuses on restructuring and privatization, but also on the formation of subsidiaries to consolidate government assets as a whole.
Danantara was formed to integrate government assets spread across various ministries and institutions into one integrated investment vehicle. This agency will channel capital from natural resources and state assets into sustainable projects outside the APBN. With managed capital reaching US$900 billion or equivalent to Rp14,715 trillion, Danantara is designated as the largest investment body in the world.
Through a modern and transparent governance mechanism, Danantara is expected to be the main driver of national economic growth and strengthen Indonesia’s position in the global investment arena. Danantara is a symbol of Indonesia’s commitment to advancing the economy through strategic and comprehensively integrated investment.
