Together With Russia's RDIF, Danantara Will Release Investment Platform With Capital IDR 37.64 Trillion
JAKARTA - The Anagata Nusantara Power Investment Management Agency (Danantara Indonesia) and the Russian Direct Investment Fund (RDIF) will launch the Russia-Indonesia Investment Platform (RIDNIP) with a capital of up to 2 billion euros or equivalent to IDR 37.64 trillion (exchange rate of IDR 18,822 per euro).
The related agreement was signed by the CEO of the Russian Direct Investment Fund Kirill Dmitriev and CEO of Danantara Indonesia Rosan Perkasa Roeslani in the presence of Russian Federation President Vladimir Putin and Indonesian Republic President Prabowo Subianto on the sidelines of the Saint-Petersburg International Economic Forum.
"The partnership with RDIF marks an important step in advancing Danantara Indonesia's strategy to mobilize capital for Indonesia's long-term national priorities," said Danantara Indonesia CEO Rosan Perkasa Roeslani quoting Antara.
Through RIDNIP, Danantara Indonesia aims to channel cross-border investment to strategic sectors to increase economic resilience, encourage industrial transformation, and open up potential sustainable long-term growth for the economies of the two countries.
"We see this as the basis for the creation of sustainable values that are in line with the vision of cooperation, diversification, and joint development", said Rosan.
Danantara Indonesia and RDIF will focus on investing in promising Indonesian and Russian companies in strategic industries, aimed at increasing the scale of technology, trade, and economic cooperation between Indonesia and Russia.
RIDNIP will serve as a strategic platform for bilateral technology transfer, enabling the exchange of industrial knowledge, applied research, and sophisticated solutions between Russia and Indonesia.
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By encouraging innovation and development of shared capabilities, this platform aims to accelerate industrial improvement, support the development of a competitive innovation ecosystem, and deepen technology independence in important sectors such as infrastructure, energy, advanced manufacturing, and food security.
CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said Russia and Indonesia have been bound by close ties and have been around for a long time.
According to him, the agreement between RDIF and Danantara Indonesia marks an important step towards expanding joint investment, which reflects significant potential for joint projects in the fields of energy, infrastructure, agriculture, and other strategic sectors.
"This agreement also highlights a shared commitment to technological advances, encourages innovation-driven growth, and increases the competitiveness of the two economies on the global stage", Kirill said.