Indonesia’s President Prabowo Subianto announced that the first wave of investments for Danantara -an investment management agency or sovereign fund that was launched February 24, 2025-, amounting to USD 20 billion or approximately IDR 325 trillion, will be allocated to around 20 strategic projects. This initiative coincides with the launch of the Daya Anagata Nusantara Investment Management Agency, or BPI Danantara. In these strategic projects, Prabowo stated that the focus will be on nickel, bauxite, and copper downstream industries, data center development, artificial intelligence, oil refineries, petrochemical plants, food and protein production, aquaculture, and renewable energy. He mentioned that the establishment of Danantara Indonesia marks a new era for state-owned enterprises (SOEs), which will not only act as business entities but also serve as national assets driving development and growth. Prabowo expressed that SOEs must operate with high standards, the best governance, and a commitment to innovation, big ideas, transparency, technological advancement, discipline, and responsible management. Prabowo highlighted that Danantara is a strategic and efficient solution to optimize SOEs. He noted that it will not only invest SOE dividends into industries that drive long-term growth but will also transform Indonesian SOEs into world-class players in their respective sectors.Source:https://business-indonesia.org/news/danantara-to-invest-usd-20-bn-in-20-strategic-projects (ICE GIACARTA)

Fonte notizia: Business-Indonesia.com,, 25 February 2025