JAKARTA – President Prabowo Subianto has announced the launch of Indonesia's new investment management body, Daya Anagata Nusantara (Danantara), which will manage funds totalling IDR 14.61 quadrillion, or approximately USD 900 billion.

Danantara is scheduled to officially begin operations on 24 February 2025, with the aim of driving investment in renewable energy, manufacturing, downstream industries, and food production.

"I am very optimistic that Indonesia will progress at full speed," Prabowo stated during the World Government Summit in Dubai on Thursday (14/2). (Photo source: YouTube Presidential Secretariat) (DK/ZH)

 

Watch the video to learn President of Indonesia's vision regarding the future of Danantara and Indonesia.

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