Jakarta, April 30 -- President Prabowo Subianto has issued a directive to transfer the management authority of assets linked to the Gelora Bung Karno (GBK) Stadium Complex to the Indonesian Investment Management Agency, Danantara.

"It is true that the discourse on placing GBK assets under the management of Danantara stems from Mr. President's instruction," State Secretary Minister Prasetyo Hadi told the media on Wednesday.

He emphasized that the plan was first introduced by the president during a meeting held in Jakarta on Monday (April 28), aimed at fostering synergy between Danantara and state-owned enterprises (SOEs) whose assets fall under its management.

Hadi noted that the Ministry of State Secretariat, the current manager of GBK...