Speaking at the World Economic Forum Annual Meeting 2026 in Davos on Thursday, Prabowo said sustained economic growth depends on peace and stability as well as effective statecraft and capital, particularly the efficient allocation of investment.
He said Indonesia set up Danantara in February 2025 to meet those goals.
“With Danantara, I can stand here in front of you as an equal partner,” Prabowo said in remarks monitored in Jakarta. “Indonesia is now not only a land of peace and stability. Indonesia is increasingly a land of opportunity.”
Prabowo said the fund has assets under management of $1 trillion, adding that Danantara means “the energy to power the future of Indonesia.”
Saying Indonesia’s economic expansion would surprise many around the world, Prabowo said the country is now positioned to co-invest with global financial institutions and major investors.
“With Danantara, Indonesia is now able to be your partner,” he said. “We will co-invest and grow with you. Danantara was established to finance and co-finance the industries of the future.”
He said the government is determined to accelerate industrialization while ensuring strong oversight and institutional accountability, supported by what he called the best executive leadership to direct Danantara.
Danantara currently manages 1,044 state-owned enterprises, a figure Prabowo said will be cut to around 300 to improve efficiency, governance and financial performance.
“We will rationalize. We will get rid of inefficiency,” he said.
Indonesia wants world-class governance and management under international standards, Prabowo said, adding that Danantara has been authorized to recruit expatriates and foreign nationals to lead key companies.
“We want the best brains and the best minds in the world,” he said, adding that the same approach is being applied to social programs, downstream natural resource industries, and efforts to achieve food and energy self-sufficiency.
Related news: Danantara debuts at 2026 WEF to foster global partnerships
Related news: Prabowo reviews Danantara's US$6 billion downstreaming projects
Reporter: Kuntum Khaira Riswan
Editor: Rahmad Nasution
Copyright © ANTARA 2026