President Prabowo Optimistic Danantara Has the Potential to Manage IDR 16,800 Trillion in Assets Transparently
By Amalia Yusnianti
The President of the Republic of Indonesia, Prabowo Subianto, has demonstrated a strong commitment to realizing professional, transparent, and accountable state asset management through the establishment and strengthening of the Daya Anagata Nusantara Investment Management Agency, or better known as Danantara. With full optimism, the President estimates that if managed properly and carefully, the assets under Danantara’s control could reach a fantastic value of 1 trillion US dollars, or equivalent to more than IDR 16,800 trillion. This projection is not just a bombastic figure, but reflects Indonesia’s economic potential which has so far been spread across hundreds of state-owned companies and various other forms of state wealth.
According to the President, this wealth has not been utilized optimally due to weaknesses in the management system and inefficient old practices. Therefore, he emphasized the importance of a paradigm shift in state asset management, which is now entrusted to Danantara as an operational holding institution. The President called Danantara the wealth of the Indonesian nation that must be guarded, maintained, and managed with a strict and transparent system. In this case, Danantara is not only an asset management institution, but also a symbol of the government’s new determination to lead Indonesia towards economic independence.
The President’s mandate for all Danantara directors to abandon old practices that are unaccountable and inefficient is a strong signal that the government will not tolerate negligence and deviations in the management of state assets. The President asked that every level of Danantara management demonstrate high integrity and work for the interests of the people. With this approach, state assets are expected to truly have a real impact on national development and public welfare.
So far, Danantara’s management of state assets has entered a new chapter. Danantara CEO, Rosan P. Roeslani, revealed that his institution has officially managed assets and dividends from 844 state-owned companies since March 21, 2025. This is a follow-up to Government Regulation (PP) Number 15 of 2025 concerning the Addition of State Capital Participation into the share capital of PT Biro Klasifikasi Indonesia for the establishment of an operational holding. The managed value that has reached around US$982 billion or around Rp16,508 trillion shows the magnitude of Danantara’s responsibility in optimizing the country’s economic resources.
Of course, the process of managing state assets cannot only rely on professional management without strong supervision from the legislative institution. In this case, the Indonesian House of Representatives through Commission XI expressed its full support for the direction of the President’s policy. Member of Commission XI of the Indonesian House of Representatives, Fathi, emphasized the importance of transparent and accountable management of national assets, including those under Danantara’s control. He considered that good management would accelerate the revival of the national economy, as well as ensure that state assets truly provide the greatest possible benefits to the Indonesian people.
The support of the parliament is important because managing assets on a scale this large certainly poses risks if not balanced with a strong supervision system. However, with a joint commitment between the government and the DPR, national asset management can be a positive example for other countries in managing their strategic assets. Moreover, this step will strengthen Indonesia’s image as a country that is serious about building an economy based on modern governance.
In addition to being a tool for fiscal and development strengthening, Danantara is also expected to be a catalyst for change within State-Owned Enterprises (BUMN). The consolidation of asset management carried out by Danantara can be a trigger for efficiency and effectiveness of BUMN performance which has so far been overshadowed by overlapping authorities and lack of synergy between companies. Danantara can encourage optimization of the economic value of strategic assets that were previously less productive or even a burden on the state. Furthermore, a transparent and professional asset management approach as mandated by the President will also open up space for increasing investor confidence, both domestic and foreign. When state asset management is carried out with high governance standards, the competitiveness of the national economy will also increase significantly. This is very relevant in the context of Indonesia which is competing to attract long-term investment in an effort to accelerate national economic growth.
