JAKARTA - The Investment Management Agency (BPI) Daya Anagata Nusantara (DANTara) established international partnerships with sovereign wealth funds (SWF) in a number of countries during the first semester of 2025.
The partnership was carried out with the Qatar Investment Authority (QIA), Future Fund Australia, and China Investment Corporation (CIC).
Managing Director of Global Relations and Governance of Danantara Indonesia Mohamad Al-Arief said that every partnership is not just a financial transaction, but a strategic step to build governance that is equivalent to global standards.
"We learn and partner directly from the world's best asset managers and make it part of the long-term institutional transformation," he said in an official statement, Monday, July 14.
The first partnership was formed on April 15, Al-Arief said, Danantara Indonesia and QIA signed an agreement to form a joint investment fund worth US$4 billion or equivalent to Rp65 trillion (assuming an exchange rate of Rp16,250 per US dollar).
The funds are focused on the downstream sector of industry, renewable energy, and health services, priority sectors in the agenda of Indonesia's economic transformation.
Then, the second collaboration was formed on May 16 with the Future Fund Australia, the Australian Government's sovereign wealth fund with total assets of more than 300 billion Austalia dollars, announced on the sidelines of the Indonesia-Australia Annual Leaders Meeting in Jakarta.
Then, the third collaboration was signed on May 25, where Danantara Indonesia and CIC, one of the world's largest SWFs with the mandate of managing China's foreign exchange reserves, agreed to explore the establishment of the ASEAN'Chingkok investment platform.
Al-Arief said the funds would focus on the manufacturing, technology, health, and consumer goods sectors, as well as be designed with the principles of optimal yields and measurable development impacts.
"This strategic collaboration shows that Indonesia is not only attractive as an investment destination, but has also developed into a trusted investment management partner on the global stage," he said.
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In addition, Al-Arief said Danantara is also accelerating asset and BUMN restructuring with an investment target of up to 5 billion US dollars or Rp. 81.25 trillion in 2025 which is focused on strategic sectors such as downstreaming of minerals, renewable energy, digital, health, food, and manufacturing.
In addition to obtaining initial funding of US$20 billion or Rp325 trillion for more than 20 priority projects, Danantara is also targeting an annual dividend of US$8 billion or equivalent to Rp130 trillion from the BUMN portfolio.
"This step is in line with the President's direction to make SOEs a growth motorbike, including the consolidation of 889 BUMN entities," he said.
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