Danantara, Indonesia’s Version of Temasek, Set to Launch in Q1 2025″
When asked whether the official launch of Danantara would coincide with the passage of the revised SOE bill, Minister Prasetyo expressed hope but remained cautious, offering a simple “Insyaallah, doakan,” which translates to “God willing, pray for it” in English.
His optimism reflects the government’s intent to see the project materialize within the first quarter of 2025, pending necessary approvals.
Meanwhile, the Deputy Speaker of the Indonesian Parliament, Sufmi Dasco Ahmad, also commented on the legislative timeline, predicting that the bill would be passed in a plenary session next Tuesday.
“We expect the SOE bill to be ratified in the plenary session next week, on Tuesday,” he stated, underscoring the urgency of the matter for the government and parliament alike.
If passed, the bill and the establishment of Danantara will mark a pivotal moment for Indonesia. It is a step toward modernizing the nation’s investment strategy and positioning Indonesia as a key player on the global economic stage.
As the country moves toward a more robust economic framework, Danantara is seen as a major tool for attracting international investment and enhancing national growth prospects.
As the legislative process progresses and the government prepares for the launch of Danantara, all eyes are on the successful passage of the revised SOE law. The completion of this step could usher in a new era for Indonesia’s investment management, with Danantara leading the charge toward greater economic success in the years to come. (Uki Ruknuddin)
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