Danantara Becomes an Economic Oasis After the Riots, Strengthening Stability and New Hope
Jakarta – The government has confirmed that the Daya Anagata Nusantara Investment Management Agency, or Danantara, will be a new oasis for national economic stability, especially following the labor and motorcycle taxi (ojol) demonstrations that heated up at the end of August.
Through the consolidation of strategic state-owned enterprise assets, this superholding institution is expected to further strengthen economic resilience and also open up new hopes for the welfare of all Indonesian people.
In this regard, President Prabowo Subianto emphasized that Danantara is managed professionally and with greater transparency to further optimize the potential of state-owned enterprises.
“We want to see more Indonesian state-owned enterprises (SOEs) included in the Global Fortune 500 list, proving that Indonesia is not just a follower, but can also be a pioneer and leader in the global economy,” the President said.
Meanwhile, Member of the Indonesian House of Representatives and legal academic, Bambang Soesatyo, assessed that the birth of Danantara through the third amendment to the State-Owned Enterprises Law was a strategic legal breakthrough to strengthen the foundation of the national economy.
He emphasized the importance of strict regulations to ensure that investment fund management is carried out in a much more transparent and accountable manner.
“Regulating Danantara through a more comprehensive Government Regulation is an important step to ensure that the management of national investment funds is carried out transparently, accountably, and in accordance with national development goals,” he explained.
On the other hand, State-Owned Enterprises observer Herry Gunawan believes that Danantara plays a vital role in reducing the gap between capital and investment, which may have been a problem and an obstacle.
According to him, this institution is capable of increasing investment contributions, both from within the country and through global cooperation.
“Danantara’s existence offers the potential to narrow the gap between capital and investment, commonly known as the savings-investment gap,” said Herry.
He added that by consolidating assets, Danantara could also reduce the government’s dependence on foreign funding.
By managing more than IDR 14 thousand trillion in state-owned enterprise assets and channeling them into various strategic sectors such as renewable energy, advanced manufacturing, and infrastructure, Danantara is seen as a catalyst for long-term growth.
The government hopes that the presence of this institution will not only strengthen stability after the social upheaval, but also bring optimism towards the ideals of Golden Indonesia 2045. (*)