Will Danantara Be a Game Changer for Indonesia?

Key Summary:
- Danantara is set to launch next week with $600bn initial asset
- AUM is targeted to reach $982bn by 2029, 6th largest globally
- A key strategic vehicle to achieve 8% long-term growth target
Indonesia is set to welcome Daya Anagata Nusantara (Danantara) as its newly established sovereign wealth fund (SWF), scheduled for an official launch on February 24, 2025.
Danantara is designed to consolidate the assets of major state-owned enterprises (SOEs), boost their dividends, attract foreign investment, and leverage assets to generate higher returns.