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2 clusters · 10 sources · 6 days · First seen · Last updated

Indonesia state-led economic development via Danantara

Overview

The Indonesian government is advancing state-led economic initiatives through the Danantara agency. Initially, Danantara Sumberdaya Indonesia (DSI) focused on addressing export underinvoicing for strategic commodities such as coal, crude palm oil, and ferroalloy. By integrating data across multiple ministries, the agency has been able to monitor pricing and volumes to reduce discrepancies between declared and index prices.

As these efforts expand, the government is utilizing the Danantara Development Management Fund (DDMF) to finance large-scale programs outside of the state budget. These initiatives include the establishment of the Indonesia International Financial Center (PFII) in Jakarta and Bali, a planned OJK Mineral Exchange, and a National Electric Vehicle Program. Other planned projects involve overhauling poultry production and cattle imports to bolster food security. While these programs aim to centralize export trade and drive industrial growth, experts note challenges regarding battery supply chains, biological risks in livestock, and the need for global liquidity and legal certainty.

Entities

Rosan Roeslani · Prabowo Subianto · OJK · Danantara · Government of Indonesia

Timeline

  1. 6 days ago

    [BUSINESS] 4 sources
    Indonesia implements state-led economic programs via Danantara Fund

    Indonesia is implementing several large-scale state-led economic programs, including new financial centers, mineral exchanges, and national electric vehicle initiatives funded via the Danantara Development Fund

  2. 12 days ago

    [BUSINESS] 7 sources
    Danantara uncovers export underinvoicing and seeks PFII funding

    Danantara has uncovered underinvoicing in coal, CPO, and ferroalloy exports through data integration and is seeking capital from Dubai family offices to fund the Indonesia Financial Center.

Sources

antaranews.com · bisnis.liputan6.com · cnbcindonesia.com · en.antaranews.com · inews.id · insight.kontan.co.id · katadata.co.id · medcom.id · minews.id · republika.co.id