# Indonesia state-owned enterprise and investment management > Live situation record from CLSTR: https://clstr.news/situations/indonesia-state-owned-enterprise-and-investment-management > Updated: 2026-08-13T03:24:35.000Z. Sources: 17. Developments: 2. Indonesia is implementing new investment and asset management strategies to drive economic growth and transform state-owned enterprises (BUMN). In early August 2026, regional efforts in West Java focused on creating a state-owned enterprise holding through PT Sangga Buana to increase dividend income and improve efficiency. At the national level, the investment body Danantara has been identified as a key driver for professional asset management and industry downstreaming, contributing to a 5.6% economic growth rate in the first half of 2026. By mid-August 2026, President Prabowo Subianto highlighted the success of Danantara in accelerating BUMN transformation. During his state address at the 2026 Annual MPR Session, the President detailed his administration’s progress over 21 months, noting that the first semester of 2026 recorded a 5.45% increase in economic growth. He reported significant profit increases for several state companies, including PT Timah, Pupuk Indonesia, and Semen Indonesia, while noting that the initiative helped turn around previously loss-making entities such as Krakatau Steel and Kimia Farma. During the presentation of the 2027 Draft State Budget and Financial Note, President Prabowo proposed legislative amendments to allow limited dual citizenship for highly skilled members of the Indonesian diaspora. This selective policy targets scientists, doctors, engineers, AI experts, researchers, entrepreneurs, artists, and athletes to retain talent for national development. The proposal includes a rigorous screening process to protect national security, though some international law experts have raised concerns regarding its impact on nationalism. Additionally, the President emphasized digital connectivity as essential infrastructure, noting that 4G networks reach nearly 99 percent of the population. He also announced plans to improve healthcare access in remote regions through the deployment of air ambulances and mobile medical teams. ## Claims - The Indonesian government proposes limited dual citizenship for highly skilled Indonesian diaspora members. (corroborated by 7 sources) - The policy aims to prevent the loss of connection with the diaspora due to career or family needs. (corroborated by 6 sources) - Targeted groups for dual citizenship include scientists, doctors, engineers, AI experts, researchers, entrepreneurs, artists, and athletes. (corroborated by 6 sources) - The proposal was made during the presentation of the 2027 Draft State Budget and Financial Note. (corroborated by 6 sources) - The dual citizenship policy will be implemented selectively through a rigorous screening process. (corroborated by 3 sources) - The Indonesian House of Representatives (DPR) has completed 28 bills into laws since the first session of 2024. (single source) - The government plans to provide air ambulances using helicopters and small planes for remote areas. (single source) - Digital connectivity is being prioritized as essential infrastructure for equitable development. (single source) ## Timeline ### 2026-08-13: Indonesia proposes limited dual citizenship for skilled diaspora President Prabowo Subianto has proposed limited dual citizenship for highly skilled Indonesian diaspora members to boost national development and retain top talent in fields like science, technology, and sports 17 sources. https://clstr.news/cluster/prabowo-subianto-praises-danantara-for-bumn-transformation ### 2026-08-02: Indonesia launches new investment agencies to boost regional growth West Java is studying a BUMD holding via PT Sangga Buana, while Danantara is credited with supporting Indonesia’s 5.6% H1 2026 growth and broader investment strategy under President Prabowo. 2 sources. https://clstr.news/cluster/indonesia-launches-new-investment-agencies-to-boost-regional-growth --- Cite as: Indonesia state-owned enterprise and investment management. CLSTR, https://clstr.news/situations/indonesia-state-owned-enterprise-and-investment-management