- Source: Daya Anagata Nusantara Agency for Investment Management
The Daya Anagata Nusantara Agency for Investment Management (Indonesian: Badan Pengelola Investasi Daya Anagata Nusantara, DANANTARA) is the sovereign wealth fund of Indonesia, replacing the Indonesian Investment Authority. The agency is led by a chairman, Muliaman Darmansyah Hadad, since 22 October 2024 (2024-10-22). This agency is the result of the fusion between the Indonesian Investment Authority and elements of the Ministry of State-Owned Enterprises.
As of 6 November 2024, the launching of Danantara is still waiting for President Prabowo Subianto due to his upcoming presidential trips and legal revisions of its constituting documents.
Danantara is projected to be a global investment firm like Temasek.
State-Owned Enterprises under Danantara
As a result of the formation of Danantara, seven state-owned enterprises have been moved out of the Ministry of State-Owned Enterprises and placed under Danantara directly:
Bank Mandiri
Bank Rakyat Indonesia
PLN
Pertamina
BNI
Telkom Indonesia
MIND ID
When fully operated, Danantara expected to manage around IDR 9,000 trillion funds, combined total assets of seven state-owned enterprises.
References
Kata Kunci Pencarian:
- Daya Anagata Nusantara Agency for Investment Management
- List of central government agencies in Indonesia
- Red and White Cabinet
