President Prabowo Guarantees Danantara Will Be Managed Transparently and Accountably

Jakarta – The government has emphasized that the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) will be managed with the principles of transparency and accountability. Indonesian President Prabowo Subianto stated that Danantara can be audited at any time by anyone, including the wider community, as a form of openness in managing investment funds. “Danantara aims to strengthen BUMN investment with transparent, careful, and sustainable management for the benefit of future generations,” said Prabowo.

The initial investment of $20 billion will be allocated to more than 20 strategic projects covering various sectors, such as energy, artificial intelligence, mineral processing, and food production. In addition, the funds managed by Danantara reach IDR 300 trillion, which come from government budget efficiency, optimization of state spending, and efforts to eradicate corruption.

Economist from Gadjah Mada University (UGM), Eddy Junarsin, assessed that the presence of Danantara will bring about major changes in the governance of state assets. “BPI Danantara will strengthen the governance of BUMN assets in a more transparent and accountable manner,” he said.

Eddy explained that Danantara is implementing the concept of a holding company, which is believed to be able to increase the effectiveness of coordination and supervision of BUMNs that have so far been managed separately. With this model, the management of state assets will be more integrated, so that investments made can run more optimally.

Meanwhile, the Executive Director of the Center of Economic and Law Studies (Celios), Bhima Yudhistira, assessed that Danantara has a strategic role in accelerating the development of green energy in Indonesia. “With jumbo funds, Danantara will be free to disburse funds or build investment schemes to accelerate EBT projects,” said Bhima.

Furthermore, Bhima said that Danantara can issue debt securities that can be absorbed by investors or creditors from abroad. “The funds can be used to fund EBT projects, such as the expansion of solar power plants (PLTS),” he explained.

As an investment body that manages public funds, Danantara will operate with an open audit system and strict public supervision. With this approach, it is hoped that Danantara can become an investment instrument that not only drives economic growth, but also ensures sustainability for future generations.