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Danantara Has Officially Launched, And Rosan Roeslani Emphasizes A Commitment To Transparent And Integrity-driven Governance
Monday, 24 Feb 2025
Danantara, the Indonesian government's Sovereign Wealth Fund, has officially launched with the primary goal of serving as a strategic investment tool to enhance the assets of State-Owned Enterprises (SOEs) and boost national economic growth. In a press statement, Rosan Roeslani, the Minister of Investment and Head of BKPM, emphasized that this institution represents a breakthrough that will significantly impact Indonesia's economy.
"I would like to express my deepest gratitude and appreciation to President Prabowo Subianto and Vice President Gibran Rakabuming for trusting the three of us to lead Danantara. This is indeed a noble task with a very worthy purpose, and it is our collective effort to ensure the success of this noble endeavor," Rosan Roeslani told the media at the Presidential Palace in Jakarta following the launch of Danantara on Monday, February 24, 2025.
During the event, Rosan was joined by Dony Oskaria, the Chief Operating Officer, and Pandu Sjahrir, the Chief Investment Officer. He affirmed that Danantara will focus on optimizing SOE assets and investing in various sectors that yield positive, sustainable, and continuous impacts.
Additionally, Rosan mentioned that President Prabowo has provided guidance on the governance principles that Danantara must follow. "The President's message is that Danantara should operate with proper central governance, good governance practices, caution, transparency, and integrity. These are the guidelines given directly by the President for managing SOE assets and for our future investments," he explained.
According to Rosan, the primary value of Danantara lies not just in managing assets worth around $900 billion, but in its mission to serve as a government tool for enhancing and accelerating inclusive and sustainable national economic growth. "Danantara can be a government instrument to boost and speed up Indonesia's sustainable and inclusive economic growth," he emphasized.
He also highlighted that this initiative aims to create a significant positive impact on the Indonesian community. “We believe in this noble goal, which represents a breakthrough initiated by the President to increase investment and, most importantly, to create quality job opportunities,” he added.
To ensure transparency and accountability, Danantara has established an organizational structure that includes a Supervisory Board, Advisory Board, Oversight Committee, Audit Committee, Investment Committee, and Ethics Committee. Rosan mentioned that they welcome feedback from various stakeholders, including the media, to improve the governance and execution of Danantara's investments.
“We also hope to receive input from all media friends, as this is a newly launched initiative that will need refinements along the way. We are very open to suggestions because Danantara belongs to all Indonesians,” he stated.
He expressed hope that with strong collaboration, Indonesia could accelerate its economic growth to 8 percent, in line with the government's target, and become a high-income country in the future. "We firmly believe that with good intentions and hard work, this will have a tremendous impact on all citizens."
