Indonesia to Launch $61 Billion State-Owned Investment Firm Danantara Investment Authority (BPI Danantara) to Manage State Assets & to Attract Investments, Capital Will be from Government-Ownership in State-Owned Companies Including Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Perusahaan Listrik Negara, Mining Industry Indonesia, Pertamina & Telkom Indonesia and Designated Assets from Sovereign Wealth Fund Indonesia Investment Authority (INA), ex-Deputy Governor of Bank Indonesia Muliaman Darmansyah as Appointed as Head of BPI Danantara Which Will Operate under Direct Oversight of Indonesia President & Supervision from Minister of State-Owned Enterprises & Minister of Finance, Indonesia Targets +8% GDP Growth
4th February 2025 | Hong Kong
The Indonesia government has passed a bill to launch the $61 billion state-owned investment firm Danantara Investment Authority (BPI Danantara) to manage state assets & to attract investments, with the capital to be from government-ownership in state-owned companies including Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Perusahaan Listrik Negara, Mining Industry Indonesia, Pertamina & Telkom Indonesia and designated assets from sovereign wealth fund Indonesia Investment Authority (INA). The ex-Deputy Governor of Bank Indonesia Muliaman Darmansyah has been appointed as Head of BPI Danantara, which will operate under direct oversight of Indonesia President & supervision from Indonesia Minister of State-Owned Enterprises & Minister of Finance. Indonesia President Prabowo Subianto is targeting +8% GDP growth for Indonesia economy.
“ Indonesia to Launch $61 Billion State-Owned Investment Firm Danantara Investment Authority (BPI Danantara) to Manage State Assets & to Attract Investments, Capital Will be from Government-Ownership in State-Owned Companies Including Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Perusahaan Listrik Negara, Mining Industry Indonesia, Pertamina & Telkom Indonesia and Designated Assets from Sovereign Wealth Fund Indonesia Investment Authority (INA), ex-Deputy Governor of Bank Indonesia Muliaman Darmansyah as Appointed as Head of BPI Danantara Which Will Operate under Direct Oversight of Indonesia President & Supervision from Minister of State-Owned Enterprises & Minister of Finance, Indonesia Targets +8% GDP Growth “
Indonesia to Launch $61 Billion State-Owned Investment Firm Danantara Investment Authority (BPI Danantara) to Manage State Assets & to Attract Investments, Capital Will be from Government-Ownership in State-Owned Companies Including Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), Perusahaan Listrik Negara, Mining Industry Indonesia, Pertamina & Telkom Indonesia and Designated Assets from Sovereign Wealth Fund Indonesia Investment Authority (INA), ex-Deputy Governor of Bank Indonesia Muliaman Darmansyah as Appointed as Head of BPI Danantara Which Will Operate under Direct Oversight of Indonesia President & Supervision from Minister of State-Owned Enterprises & Minister of Finance, Indonesia Targets +8% GDP Growth
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