The recent establishment of Danantara, Indonesia’s new sovereign wealth fund, has generated significant public interest but also a degree of concern. Such reactions are understandable in a country with Indonesia’s complex political and economic landscape, where large-scale institutional innovations often provoke skepticism and uncertainty. However, it is important to recognizeContinue Reading
Indonesia recently passed legislation paving the way for the creation of a new state-owned investment fund called Danantara. This follows the creation of another state-owned investment fund, the Indonesia Investment Authority, or INA, during the Jokowi administration. The INA has been in operation for several years, mobilizing investment in variousContinue Reading
Indonesia’s parliament has approved the creation of a new sovereign investment fund in order to manage some of the country’s most important state-owned enterprises and generate capital for Indonesian investments elsewhere. The new body, which will be called the Daya Anagata Nusantara Investment Management Agency, or Danantara, will assume controlContinue Reading
