After a year, Indonesia’s Danantara under pressure to prove governance and returns
As the sovereign investment vehicle enters its second year, analysts expect greater focus on performance metrics
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[JAKARTA] Indonesia’s sovereign investment vehicle Danantara has completed its first year with institutional structures largely in place, but analysts say its long-term credibility will depend on execution, transparency and measurable returns rather than announcements.
Launched on Feb 25 last year as a key pillar of President Prabowo Subianto’s economic agenda, Danantara or Daya Anagata Nusantara was tasked with consolidating oversight of roughly 1,000 state-owned enterprises (SOEs) and generating investment returns.
One year on, analysts describe its progress as foundational, with performance delivery now the main test.
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