Jakarta – Indonesian President Prabowo Subianto introduced the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) as a strategic instrument to encourage national economic growth.
Prabowo delivered this introduction at the 2026 World Economic Forum (WEF) in Davos, Switzerland.
The President emphasized that economic growth depends not only on peace and stability, but also on good state governance and efficient capital management, particularly in the allocation and reallocation of investment.
“Last February, we established our sovereign wealth fund, Danantara Indonesia,” Prabowo said.
In his speech, Prabowo explained that Danantara was designed to be the driving force of Indonesia’s future, with total assets under management reaching around US$1 trillion.
According to the President, Danantara’s presence places Indonesia in a more equal position in the global economic arena.
“With Danantara, I can stand before you all as an equal partner,” he said.
The President also assessed that Indonesia is now not only seen as a peaceful and stable country, but is also increasingly recognized as a country with great economic opportunities.
“Indonesia is now not only a peaceful and stable country. It is increasingly becoming a land of opportunity,” Prabowo said.
He added that Danantara was designed as an investment instrument to finance future industries in line with efforts to accelerate national industrialization.
To maintain professionalism, Prabowo emphasized that Danantara was built with a strong oversight system and clear institutional responsibilities.
Currently, Danantara manages 1,044 state-owned enterprises (SOEs), which will be rationalized into around 300 companies in the future.
Prabowo also opened up opportunities to recruit top executives, including from abroad, for global-class management.
In line with this, the Minister of Investment and Downstreaming/Head of BKPM, Rosan Roeslani, stated that the consolidation of SOE assets through Danantara aims to unify the management of more than a thousand state-owned companies within a single strategic framework.
“We are consolidating all state-owned enterprise assets under Danantara, encompassing more than 1,000 companies,” Rosan said.
According to Rosan, this structure allows BUMN dividends to be reinvested without relying entirely on the state budget.
“We can reinvest the funds from dividends, including investing with foreign investors,” he said.
Meanwhile, Finance Minister Purbaya Yudhi Sadewa assessed the establishment of Danantara as a positive step, although it still requires time to assess its impact.
“That’s why state-owned enterprises are being made to act like the private sector. That should be a good thing,” he said.
