Daya Anagata Nusantara Agency for Investment Management

The Daya Anagata Nusantara Agency for Investment Management (Indonesian: Badan Pengelola Investasi Daya Anagata Nusantara, DANANTARA) is the sovereign wealth fund of Indonesia, replacing the Indonesian Investment Authority.[1] The agency is led by a chairman, Muliaman Darmansyah Hadad, since 22 October 2024 (2024-10-22).[2] This agency is the result of the fusion between the Indonesian Investment Authority and elements of the Ministry of State-Owned Enterprises.[3][4]

Daya Anagata Nusantara Agency for Investment Management
Badan Pengelola Investasi Daya Anagata Nusantara
Agency overview
Formed22 October 2024 (2024-10-22) (announcement)
Preceding agencies
JurisdictionGovernment of Indonesia
Agency executives

As of 6 November 2024, the launching of Danantara is still waiting for President Prabowo Subianto due to his upcoming presidential trips and legal revisions of its constituting documents.[5][6]

Danantara is projected to be a global investment firm like Temasek.[6]

State-Owned Enterprises under Danantara

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As a result of the formation of Danantara, seven state-owned enterprises have been moved out of the Ministry of State-Owned Enterprises and placed under Danantara directly:[1]

When fully operated, Danantara expected to manage around IDR 9,000 trillion funds, combined total assets of seven state-owned enterprises.[7]

References

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  1. ^ a b Indraini, Anisa; Al Hikam, Herdi Alif. "Prabowo Siapkan Danantara, Bagaimana Nasib INA?". detikfinance (in Indonesian). Retrieved 2024-11-06.
  2. ^ Darmawan, Aditya Priyatna; Dzulfaroh, Ahmad Naufal (2024-10-22). "Profil Muliaman Darmansyah Hadad, Kepala Badan Pengelola Investasi Daya Anagata Nusantara". Kompas (in Indonesian). Retrieved 2024-11-06.
  3. ^ Daelami, Muawwan (2024-11-06). "Pemerintah Siapkan Gedung Bapindo sebagai Kantor Danantara Superholding BUMN". Investor. Retrieved 2024-11-06.
  4. ^ Binekasri, Romys. "Menteri BUMN Erick Siapkan Aset Bank Mandiri Buat Kantor Danantara". CNBC Indonesia (in Indonesian). Retrieved 2024-11-06.
  5. ^ antaranews.com (2024-11-06). "Peluncuran Danantara diundur hingga Presiden kembali dari luar negeri". Antara News (in Indonesian). Retrieved 2024-11-06.
  6. ^ a b Indraini, Anisa; Al Hikam, Herdi Alif. "Danantara, Temasek Versi RI Batal Diluncurkan Prabowo Besok". detikfinance (in Indonesian). Retrieved 2024-11-06.
  7. ^ mkh. "Muliaman Hadad Akan Kelola Aset Rp9.000 T Punya BUMN Lewat Danantara". CNBC Indonesia (in Indonesian). Retrieved 2024-11-06.