Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia) and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) are to launch Russia-Indonesia Investment Platform (RIDNIP) with up to €2 billion ($2.3 billion) of capital to implement investments in Indonesia and Russia and promote the economic cooperation between these two countries.
The duo said in a statement on last Thursday that Danantara Indonesia and RDIF will focus on investments in promising Indonesian and Russian companies in strategic industries aiming to increase the scale of technology, trade and economic cooperation between Indonesia and Russia.
RIDNIP will serve as a strategic platform for bilateral technology transfer—enabling the exchange of industrial know-how, applied research, and advanced solutions between Russia and Indonesia.
By fostering mutual innovation and capability-building, the platform aims to accelerate industrial upgrading, support the development of competitive innovation ecosystems, and deepen technological self-reliance in critical sectors such as infrastructure, energy, advanced manufacturing, and food security.
“This partnership with the Russian Direct Investment Fund marks a pivotal step in advancing Danantara Indonesia’s strategy to mobilize capital for Indonesia’s long-term national priorities,
“Through the Russia-Indonesia Direct Investment Platform (RIDNIP), we aim to channel cross- border investment into strategic sectors that enhance economic resilience, drive industrial transformation, and unlock sustainable, long-term growth across both our economies,” said Rosan Perkasa Roeslani, Chief Executive Officer of Danantara Indonesia.
“We see this as a platform for enduring value creation that aligns with the vision of cooperation, diversification, and mutual development,” he added.
Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund (RDIF), stated that Russia and Indonesia are bound by long-standing and close ties.
“The agreement between RDIF and Danantara Indonesia marks a pivotal step toward expanding mutual investment, reflecting the significant potential for joint projects across energy, infrastructure, agriculture, and other strategic sectors,
“It also highlights a shared commitment to technological advancement, fostering innovation-driven growth and enhancing competitiveness of the two economies on the global stage,” he added.
Danantara Indonesia is an Indonesian legal entity owned by the government of the Indonesia.
The institution is mandated to enhance and optimize investments and operations of state-owned enterprises (SOEs) and other funding sources.
With a commitment to best governance practices, inclusive impact, and global partnerships, Danantara Indonesia transforms national assets into long-term economic power.
RDIF is Russia’s sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors.
RDIF acts as a catalyst for direct investment in the Russian economy.
Currently, RDIF has experience in the successful joint implementation of more than 100 projects with foreign partners totaling more than RUB 2.3 trillion.