President Prabowo Inaugurates Danantara, Ready to Encourage Sustainable and Inclusive Investment

JAKARTA — President of the Republic of Indonesia Prabowo Subianto inaugurated the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) on Monday, February 24, 2025, in the Central Courtyard of the Jakarta Presidential Palace.

This inauguration marks an important milestone in efforts to manage state investment that is more strategic and long-term oriented.

Deputy for Protocol, Press, and Media of the Presidential Secretariat Yusuf Permana emphasized that the launch was a concrete step in strengthening the management of state assets.

Furthermore, Yusuf emphasized that the presence of Danantara reflects the government’s commitment to realizing Asta Cita as a grand vision to bring the Indonesian economy to a higher level.

“This launch is also part of the government’s commitment to realizing Asta Cita, namely a grand vision to bring the Indonesian economy to a higher level through sustainable and inclusive investment,” he said.

President Prabowo Subianto officially signed Law Number 1 of 2025 concerning State-Owned Enterprises (BUMN).

Prabowo has also appointed the Supervisory Board of the Daya Anagata Nusantara Investment Management Agency (Danantara).

“Today, Monday, February 24, 2025, I, the President of the Republic of Indonesia, sign Law Number One of 2025 concerning the Third Amendment to Law Number Nineteen of 2003 concerning State-Owned Enterprises,” said President Prabowo at the State Palace, Jakarta, Monday (24/2/2025).

In his speech at the 2025 World Governments Summit, Prabowo Subianto highlighted Danantara’s strategy in managing natural resources and state assets through investment in sustainable sectors.

“Danantara will invest natural resources and state assets in sustainable high-impact projects in various sectors such as renewable energy, advanced manufacturing, downstream industry, food production, and others,” said Prabowo.

Initial evaluations show that Danantara manages assets worth US$ 900 billion, with initial funding reaching US$ 20 billion.

Chairperson of Commission VI of the Indonesian House of Representatives Anggia Ermarini stated that the revision of Law Number 19 of 2003 concerning State-Owned Enterprises (BUMN Law) is the legal basis for the establishment of Danantara.

“We have received input from academics, economic experts, and practitioners to ensure that this revision truly provides benefits for the community and the country,” said Anggia.

The existence of Danantara has a positive impact in encouraging sustainable and inclusive investment, while strengthening the competitiveness of the national economy on the global stage. (*)