World

Indonesia strives to attract 500 bln USD through family office plan

Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan said the plan could generate substantial capital inflows while strengthening investor confidence and enhancing Indonesia's credibility as an international investment destination.

Jakarta (VNA) – Indonesia has the potential to attract up to 500 billion USD in assets through the development of a family office ecosystem aimed at serving ultra-high-net-worth individuals and global investors.

Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan said the plan could generate substantial capital inflows while strengthening investor confidence and enhancing Indonesia's credibility as an international investment destination.

Indonesia has been relatively slow to pursue the concept compared with other countries that have successfully attracted global wealth, he said, adding that the proposed family office framework is unrelated to government financing or the state budget.

According to him, the Indonesian Government is preparing the operational framework for a family office ecosystem, including the development of supporting digital platforms and administrative systems./.

VNA
#Indonesian Government #Indonesia #Indonesia's National Economic Council #family office ecosystem Indonesia
Follow VietnamPlus

Related News

Indonesia digitises, modernises dairy production

Indonesia digitises, modernises dairy production

In addition, the Indonesian government is carrying out a programme to subsidise up to 35% of investment costs for new machinery and equipment for dairy processing enterprises, cooperatives, and farmer groups participating in the supply chain.

Illustrative image (Photo: VNA)

Indonesia values strong maritime defence: minister

An Indonesian official has said that as Indonesia is the world’s largest archipelagic nation, maritime strength and the Navy are becoming increasingly important, not only today but also in the future.

See more

(Photo: Thai Enquirer)

Thailand's government pushes gaming industry as new economic engine

Thailand's Government Spokesperson Rachada Dhanadirek stated that the Prime Minister views the gaming industry as a high-value sector driven by creativity and digital skills. The industry can generate jobs, income, and career opportunities for Thai workers, especially younger generations.

Leaders attend the opening ceremony of the ASEAN-Russia Business Forum, held in Kazan on June 17, 2026, on the sidelines of the ASEAN-Russia Commemorative Summit. (Photo: VNA)

ASEAN, Russia promote broad-based economic cooperation

In a message delivered to the ASEAN-Russia Business Forum, held in the city of Kazan on the sidelines of the ASEAN-Russia Commemorative Summit, Putin said the sides have accumulated substantial experience in multifaceted cooperation, built strong partnerships, and laid a solid foundation for further expanding cooperation.

(Photo: https://thainews.prd.go.th/)

Thailand targets Krabi-Phuket seaplane launch in 2026

The ministry is also establishing a Strategic Integration Committee for the Development of Water-Based Aircraft Operations to coordinate implementation, develop operational guidelines, and ensure compliance with aviation safety standards.

Indonesia eyes becoming regional gold finance hub

Indonesia eyes becoming regional gold finance hub

In the long term, Indonesia aims not only to export raw gold but also to establish itself as a regional gold finance hub, generating greater value-added for its economy and enhancing its role in the global financial system.

A passenger train operated by State-owned railway operator PT Kereta Api Indonesia (KAI) departs from Tugu station in Yogyakarta city, Indonesia (Photo: VNA)

Indonesia tests biofuel for trains

KAI Vice President for Corporate Communications Anne Purba said the transition to B50 biofuel will be carried out in phases and undergo a rigorous testing process to meet the operational requirements of the railway industry, which demands high reliability and continuous operation.