Indonesia’s new sovereign wealth fund

New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
New Indonesia Sovereign Wealth Fund Danantara to Invest $20bn in Projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Indonesia launches Danantara sovereign wealth fund: 5 things to know
JAKARTA-- Indonesia on Monday launched a much-anticipated sovereign wealth fund that government officials say is key to hitting President Prabowo Subianto's 8% target for economic growth.
Besides Danantara, Here Are 5 Largest Sovereign Wealth Funds in the World
Besides Danantara, these are the top largest sovereign wealth funds in the world based on the data published by Sovereign Wealth Funds Institute.
Prabowo to launch Danantara sovereign wealth fund on Feb 24
President Prabowo Subianto is scheduled to launch Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), in Jakarta on Monday (February
Indonesia launches the Danantara sovereign wealth fund, amid criticism over social spending cuts
Indonesian President Prabowo Subianto today inaugurated a new sovereign wealth fund, which is expected to manage US$ 900 billion in assets to finance projects and stimulate economic growth. This has e
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the nation’s ambitious growth trajectory.
America Needs a Sovereign Wealth Fund
Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, Ohio created a land trust to finance public education in the state.
The Jakarta Post18h
Danantara may crowd out private investment
The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...
Channel NewsAsia Singapore2d
Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo ...