Jakarta, July 4 -- Finance Minister Sri Mulyani Indrawati has highlighted the strategic and crucial role of the Daya Anagata Nusantara Investment Management Agency (Danantara) in boosting national investment.

As a state-owned agency, Danantara needs to act as a catalyst for growth, rather than eliminating the role of the private sector, she said during a working meeting with Commission XI of the House of Representatives in Jakarta on Thursday.

"Danantara will play a major role in determining whether our investment increases because Danantara is state-owned. If it plays dominantly without being able to attract investors, then crowding out will occur," she said.

However, if the agency manages to attract more private investors, then it ca...