Islamabad, Ape 14, 2025: In a major step to boost Indonesia’s economic development, President Prabowo Subianto revealed that Qatar has pledged a $2 billion contribution to the newly established sovereign wealth fund, Danantara Indonesia.
During his diplomatic tour of five Middle Eastern nations—comprising the UAE, Turkey, Egypt, Qatar, and Jordan—President Prabowo aimed to strengthen economic partnerships and elevate bilateral cooperation. His visit to Qatar proved fruitful as he engaged in high-level talks with Emir Sheikh Tamim bin Hamad Al-Thani, resulting in a significant investment commitment.
President Prabowo described the discussions with the Qatari Emir as “highly constructive,” noting that Qatar expressed keen interest in contributing to Indonesia’s economic transformation through Danantara Indonesia.
This fund, officially launched in February, is a strategic initiative under Prabowo’s leadership to drive the national growth rate from its current 5% to an ambitious 8% annually.
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Danantara Indonesia will manage stakes in various state-owned enterprises and begins its operations with a starting capital of $20 billion.
It marks the nation’s second sovereign wealth initiative, following the Indonesia Investment Authority (INA), which began in 2021 and currently oversees assets valued at $10.5 billion.
In a move to ensure world-class governance and global investor confidence, Danantara recently appointed prominent global figures such as U.S. investor Ray Dalio and former Thai Prime Minister Thaksin Shinawatra as senior advisors to the fund’s board.
Indonesia is also rolling out more than 20 energy-focused mega-projects valued at approximately $40 billion this year.
According to Energy and Mineral Resources Minister Bahlil Lahadalia, a substantial portion of the financing will come from Danantara Indonesia.
This monumental collaboration with Qatar not only reaffirms Indonesia’s growing geopolitical presence but also highlights President Prabowo’s proactive economic diplomacy.
With high-profile international backing and long-term investment strategies, Indonesia is positioning itself as a major player in the global economic arena.
