Jakarta, June 20 -- Indonesian Investment Management Agency (Danantara) and Russian Direct Investment Fund (RDIF) announced the launch of a joint Russia-Indonesia Investment Platform (RIDNIP), with an initial capital of 2 billion euros.

The agreement on its formation was signed between RDIF CEO Kirill Dmitriev and Danantara CEO Rosan Roeslani on the sidelines of the 2025 St. Petersburg International Economic Forum (SPIEF) on Thursday (June 19).

"Partnership with RDIF marks an important step in advancing Danantara Indonesia's strategy to mobilize capital for Indonesia's long-term national priorities," Roeslani noted according to the written statement on Friday.

Through RIDNIP, Danantara will provide cross-border investments to strategic...