Throughout the first half of 2025, Danantara Indonesia has strengthened its role in the global investment landscape by establishing various investment partnerships with several leading sovereign wealth funds (SWFs), including the Qatar Investment Authority (QIA), Future Fund Australia, and China Investment Corporation (CIC).
Danantara said in a statement on Monday that this global collaboration not only marks a significant milestone in the expansion of the fund’s investment platform but also reflects a new approach to sovereign asset management oriented towards transparency, risk mitigation, and long-term value creation.
Within the four months since its inception, the potential value of the announced global collaborations underscores the growing confidence of international partners in Danantara Indonesia’s strategic role.
“For Danantara Indonesia, every partnership is not merely a financial transaction, but a strategic step towards building governance that meets global standards,
“We learn and partner directly with the world’s best asset managers, making it part of a long-term institutional transformation,” said Mohamad Al-Arief, Managing Director of Global Relations and Governance Danantara Indonesia.
The first partnership was formed on April 15, 2025, when Danantara Indonesia and QIA signed an agreement to establish a $4 billion joint investment fund.
This fund focuses on the downstream industrial sector, renewable energy, and healthcare, priority sectors in Indonesia’s economic transformation agenda.
Followed by the announcement on May 16, 2025, a collaboration with Future Fund Australia, the Australian Government’s sovereign wealth fund with total assets of over
AUD 300 billion ($197 billion), on the sidelines of the Indonesia-Australia Annual Leaders’ Meeting in Jakarta.
Australia also expressed its support for Danantara Indonesia’s membership in the International Forum of Sovereign Wealth Funds (IFSWF), a global forum that promotes the implementation of strong governance principles in the management of public funds.
A third collaboration was signed on May 25, 2025, in which Danantara Indonesia and CIC, one of the world’s largest sovereign wealth funds mandated to manage China’s foreign
exchange reserves, agreed to explore the establishment of an ASEAN-China investment platform.
This fund will focus on the manufacturing, technology, healthcare, and consumer goods sectors, and will be designed with the principles of optimal returns and measurable development impact.
“This strategic collaboration demonstrates that Indonesia is not only an attractive investment destination but has also developed into a trusted investment management partner on the global stage,” Al-Arief stated.
He also explained that through this collaboration with several global SWFs, Danantara Indonesia not only accesses funding and investment opportunities across borders but
also strengthens the fund’s capabilities in managing state assets to match global best practices.
“This is part of our ongoing efforts to build a strong institution for managing the nation’s assets,” he added.
Danantara Indonesia said the fund is accelerating the restructuring of assets and state-owned enterprises (SOEs) with an investment target of up to $5 billion by 2025, focused on strategic sectors such as mineral downstreaming, renewable energy, digital, healthcare, food, and manufacturing.
In addition to securing $20 billion in initial funding for more than 20 priority projects, Danantara Indonesia is also targeting an annual dividend of $8 billion from its SOE portfolio.
This step aligns with the president’s directive to make
SOEs a driver of growth, including the consolidation of 889 SOE entities.
Al-Arief also stated that, as part of its commitment to building world-class governance, Danantara Indonesia has studied governance frameworks, risk management, and asset
allocation models that have proven successful in other countries’ institutions.
“We are conducting benchmarking to build a system that is relevant to Indonesia’s national mandate and future challenges,” he said.
According to the statement, these strategic steps reflect the comprehensive transformation Danantara Indonesia is undertaking to build a more adaptive, transparent, and results-oriented institutional foundation.
With a cross-sectoral approach and global learning, Danantara Indonesia is preparing a new framework for managing state assets that is more integrated and highly competitive.
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