Indonesia to launch new sovereign wealth fund this month
The assets managed by Danantara will exceed 900 billion USD. The fund will invest in natural resources and state assets through sustainable, high-impact projects.
Indonesia sets up agency to handle government investment assests
Indonesian President Prabowo Subianto has inaugurated the Danantara Investment Management Agency (Danantara) - an agency responsible for handle government investment assets outside the state budget (APBN).