Jakarta, Feb. 26 -- President Prabowo Subianto launched investment management agency (BPI) Daya Anagata Nusantara, also called Danantara Indonesia or Danantara, on February 24, 2025.

Danantara is a strategic entity that will seek to consolidate and optimize government investment to support national economic growth.

Its vision is to encourage the transformation of the Indonesian economy by growing a global sovereign wealth fund (SWF), supporting national development, and creating prosperity for all Indonesian people.

Here's everything you need to know about the new sovereign wealth fund:

1. Danantara will manage hundreds of trillion rupiah

Initially, Danantara will manage funds worth Rp300 trillion (about US$20 billion) sourced from i...