Synergy Between Danantara and the Business Sector Drives National Economic Leap in the First Year of Governance
JAKARTA — The synergy between the Investment Management Agency Daya Anagata Nusantara (BPI Danantara) and the business sector continues to show positive momentum in accelerating national economic growth in the first year of the new administration. Through aggressive investment strategies, global collaborations, and restructuring of state-owned enterprises (SOEs), Danantara is expected to become a driving force for investment and strategic development in Indonesia.
CEO of BPI Danantara, Rosan Roeslani, expressed optimism that the institution’s contribution to the country will sharply increase over the next five years. He projects that dividends paid by Danantara could reach US$10 billion or approximately IDR 165 trillion by 2029.
“Looking at the plans for the next five years, our dividends could reach between US$7 billion and US$10 billion,” Rosan said.
With this projection, Danantara’s investment capacity is estimated to reach US$40 billion or around IDR 664 trillion without leverage. When combined with asset development schemes and leveraging up to five times, Danantara’s total investment potential could reach US$250 billion (approximately IDR 4,150 trillion).
“That is all equity capital. If I leverage five times, then I have about US$250 billion for the next five years,” he stated.
Rosan revealed that Danantara does not act alone. Synergy with the business world and global investment institutions is a key factor. Currently, Danantara has established joint funds with several prominent sovereign wealth funds (SWFs), such as Qatar Investment Authority (QIA) and China Investment Corporation (CIC), and is exploring cooperation with the United Arab Emirates (UAE) and Saudi Arabia’s Public Investment Fund (PIF).
“This step will give us greater strength to invest and accelerate economic growth,” he explained.
Government support for Danantara’s transformation is also very strong. Febrio Nathan Kacaribu, Director General of Economic and Fiscal Strategy at the Ministry of Finance, sees Danantara as the main driver of national investment and a strategic partner of the state budget (APBN) in high-value infrastructure development.
“Danantara is a holding that synergizes all SOEs and collaborates strongly with the APBN. Capital expenditure of SOEs under Danantara will increase significantly,” said Febrio.
The government estimates SOE capital expenditure will rise from IDR 380 trillion in 2025 to IDR 720 trillion in 2026, with Danantara contributing about 9% to Gross Fixed Capital Formation (PMTB). Meanwhile, capital expenditure from the state budget remains strong at around IDR 490 trillion to IDR 530 trillion, focusing on basic connectivity projects such as roads, bridges, and regional infrastructure.
The synergy between Danantara, SOEs, the business sector, and the government is concrete proof that the national economic leap is not just a target but a real agenda being carried out in the first year of governance. Through high-value investments, Indonesia is paving the way toward more inclusive, efficient, and sustainable economic growth.
(*/rls)
