It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.

The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

Indonesia's sovereign wealth fund Daya Anagata Nusantara (Danantara) could help drive national infrastructure investment, ...

Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki ...

Minister of Public Works Dody Hanggodo hopes Danantara will support the acceleration of strategic infrastructure development.

Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds would be audited.

President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial ...

President's Special Advisor on Economics and National Development Bambang Brodjonegoro emphasized that the leadership of the ...

The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term.

JAKARTA: Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 ...