Jakarta, Feb. 23 -- President Prabowo Subianto is scheduled to launch Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), in Jakarta on Monday (February 24).

This was confirmed by the Deputy for Protocol, Press, and Media of the Presidential Secretariat Yusuf Permana on Sunday.

The president is set to announce and inaugurate the establishment of Danantara on the agenda.

"The president will launch Danantara at the Presidential Palace on Monday at 10.00 local time," Permana informed.

According to him, the launch of Danantara marked a new era of transformation in strategic investments in the country.

"This is also part of the government's commitment to realizing Astacita, namely a grand vision to improve the Indonesia...