“Danantara’s investments must stay grounded in public interest,” Sri Mulyani stated, as quoted from her official Instagram account @smindrawati, accessed from Jakarta on Thursday.
Sri Mulyani recently met with Danantara Indonesia’s Chief Investment Officer, Pandu Sjahrir, to discuss long-term investment strategies and the fund’s vision of creating jobs through the development of state-owned enterprises (BUMN).
Their discussion covered key issues, especially in the energy and mineral sectors, with a focus on reinvesting in strategic commodities as part of a long-term national development plan.
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“With strong commitment and good governance, this meeting marked an important step toward more accountable and investment-oriented management of state finances,” she affirmed.
Sjahrir earlier stated that Danantara aims to bring all 889 BUMN entities under a unified command to streamline consolidation and cooperation, in support of President Prabowo Subianto’s target of 8 percent annual economic growth.
Danantara Indonesia plans to consolidate the current 889 BUMN companies into fewer than 200 core entities.
Since its founding, Danantara has forged several international investment partnerships, including with the Qatar Investment Authority (QIA), which has pledged US$4 billion in funding for infrastructure and development projects in Indonesia.
Domestically, Danantara has also provided shareholder loans, including Rp6.65 trillion to PT Garuda Indonesia (Persero) Tbk, as part of its corporate investment strategy.
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Translator: Imamatul, Azis Kurmala
Editor: Rahmad Nasution
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