Jakarta, May 7 -- The government is relying on the Indonesian Investment Management Agency (Danantara) to elevate national investment and economic performance.

"Economic growth in the first quarter reached 4.87 percent (year on year), reflecting that our domestic economy remains strong. However, we need to increase investment. Therefore, Danantara is one of the answers," Deputy Minister of Finance, Anggito Abimanyu, said.

He delivered the remarks at the Fitch Ratings' Annual Indonesia Conference in Jakarta on Wednesday.

Post the formation of its organizational structure, Danantara is compiling a list of strategic projects as a start, he informed.

He said that he has seen the list of projects targeted by Danantara and believes that the...