JAKARTA — The Daya Anagata Nusantara Investment Management Agency (Danantara) is increasingly asserting its role as a new engine for strengthening the national fiscal and realizing Indonesia’s economic independence.
The state wealth management agency is committed to optimizing strategic assets through professional governance and productive investments in various priority sectors.
Danantara’s Chief Economist, Reza Yamora Siregar, emphasized that his institution has a long-term business roadmap to drive higher economic growth.
“With the current conditions, we can achieve five percent, and if we push, I’m confident that 6-7 percent is not difficult,” he said at the 25th P3V National Seminar in Jakarta.
He added that Danantara manages assets totaling IDR 14,000 trillion, or nearly US$1 trillion, which represents approximately 80 percent of Indonesia’s Gross Domestic Product (GDP).
According to Reza, optimal management of state assets can become a new source of fiscal strength without burdening the State Budget (APBN).
“If we manage them well, God willing, we can push our 2045 target,” he added.
Danantara is also targeting investments in strategic sectors such as minerals, energy, food security, healthcare, insurance, and pension funds, and is attracting investors from China, Japan, and the European Union.
Danantara Managing Director, Setyanto Hantoro, stated that the transformation of state-owned enterprises (SOEs) is his institution’s top agenda.
“The first stage is a fundamental business review, or an in-depth review of the business foundations. We are currently reviewing more than 900 entities one by one in a comprehensive manner,” he explained.
He added that the restructuring process is being carried out to avoid overlapping roles and increase efficiency through business consolidation.
“The final stage is innovation and execution to unlock added value for the country, investors, and the people,” he stressed.
Meanwhile, Danantara’s Managing Director of Global Relations and Governance, Mohamad Al-Arief, is targeting investment funding of US$5 billion by the end of 2025.
“In addition to the initial $20 billion in funding, we are also targeting annual dividends of up to US$8 billion from our state-owned enterprise portfolio,” he said.
He emphasized that the global partnerships being forged are not mere transactions, but part of a governance transformation based on international practices.
“The first collaboration with QIA began last April with a US$4 billion fund, focused on downstreaming, renewable energy, and healthcare,” Al-Arief said.
In addition to the Qatar Investment Authority, Danantara is also collaborating with Future Fund Australia and China Investment Corporation (CIC) to accelerate asset restructuring in accordance with global standards.
Through these strategic steps, Danantara positions itself as a catalyst for strengthening the national fiscal and driving long-term economic independence – making state wealth not just an asset, but a productive resource for the nation’s prosperity.
