Prabowo Launches BPI Danantara: BUMN United, Economy Progressing!
Jakarta – President Prabowo Subianto officially launched the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) as part of the strategy to strengthen asset management and investment of State-Owned Enterprises (BUMN). This launch is an implementation of Law No. 1 of 2025 concerning BUMN, which is strengthened by PP No. 10 of 2025 and Presidential Decree No. 30 of 2025 concerning the appointment of the Danantara Supervisory Board and Executive Board.
President Prabowo emphasized that Danantara is not just an investment agency.
“(Danantara) is a strategic instrument in national development that optimizes the management of natural resources,” he said.
He also added that Danantara’s management will be carried out with the principles of transparency, prudence, and sustainability for the benefit of future generations.
Prabowo also highlighted Danantara’s transparency which can be audited at any time by anyone, including the public, not just law enforcement.
“The funds managed by Danantara come from the people, so transparency is guaranteed by openness to audits and public supervision,” he said.
An initial investment of $20 billion has been allocated for more than 20 strategic projects, covering the energy sector, artificial intelligence, mineral processing, and food production. The source of this funding comes from IDR 300 trillion in government budget efficiency, reducing corruption, and optimizing state spending.
Investment Minister Rosan Roeslani emphasized that Danantara operates separately from the Indonesia Investment Authority (INA) and manages assets of more than $900 billion to drive Indonesia’s economic growth.
“Government shareholdings in large state-owned companies such as Bank Mandiri and Pertamina will be under the management of Danantara,” said Rosan.
BPI Danantara COO, Dony Oskaria, revealed that all BUMN assets will be transferred to Danantara before the March 2025 General Meeting of Shareholders (GMS).
“The process of transferring BUMN assets to Danantara must be completed before the GMS at the end of March 2025,” said Dony.
Currently, seven large BUMNs, including Pertamina, PLN, and BUMN banking, have officially joined under the management of Danantara.
From an academic perspective, Eddy Junarsin, an economist from Gadjah Mada University (UGM), assessed Danantara as a strategic step that can strengthen the governance of state assets in a transparent and accountable manner.
“The concept of a holding company in Danantara will increase the effectiveness of coordination and supervision of BUMNs that have so far been managed separately,” he explained.
Sofyano Zakaria, Director of the Center for Public Policy Studies (Puskepi), highlighted Danantara’s potential as a catalyst in accelerating the downstreaming of natural resources in the country.
“Danantara is expected to not only become a business entity, but also a main pillar of a resilient and sustainable national economic ecosystem,” he said.
Bhima Yudhistira, Executive Director of the Center of Economic and Law Studies (Celios), added that Danantara has the potential to accelerate the development of green energy in Indonesia.
“Danantara can build an investment scheme to accelerate energy transition projects such as the expansion of PLTS,” he said.
Deputy Chairman of Commission VI of the Indonesian House of Representatives, Andre Rosiade, emphasized that Danantara will be the gateway to Indonesia’s transformation into an industrial country, in line with President Prabowo’s Astacita vision.
“The state will make massive investments in downstream projects with the target of opening millions of jobs and driving economic growth of up to 8 percent,” he explained.
With this launch, the government hopes that Danantara can bring Indonesia into an era of more professional, efficient, and sustainable investment management, in line with the long-term target towards Indonesia Emas 2045.
