Super-holding Danantara, dari Efisiensi ke Ekspansi Menuju Indonesia Emas 2045

Summary

The video discusses Super Holding Danantara's ambitious vision for Indonesia’s economic growth by 2045. It focuses on managing state-owned enterprises (SOEs) with an emphasis on Internal Rate of Return (IRR) and risk management. Danantara’s goal is to follow global benchmarks set by Temasek (Singapore) and ADQ (Abu Dhabi) in managing assets efficiently. By reducing inefficiencies and promoting transparency, the initiative aims to drive national growth towards an 8% annual increase, help avoid the 'middle-income trap,' and guide Indonesia to prosperity while tackling corruption and fostering financial discipline.

Takeaways

• 😀 Temasek and ADQ are global benchmarks for sovereign wealth funds, with large asset portfolios exceeding Indonesia's national budget.
• 😀 Temasek, founded in 1974, operates as an independent investment company managing Singapore's assets with a focus on sectors like technology, finance, and energy.
• 😀 ADQ, established in 2018 and rebranded in 2020, is one of the top 10 sovereign wealth funds globally, managing assets worth over $600 billion.
• 😀 Internal Rate of Return (IRR) is a key financial indicator used to measure the profitability of an investment. A higher IRR than the bank interest rate makes an investment viable for credit.
• 😀 Risk management is essential in identifying, assessing, and mitigating risks that can impact an organization. A disciplined approach is vital to avoid financial crises like those seen in Indonesia.
• 😀 Indonesia's Andantara, officially launched in February 2025, aims to manage state-owned assets (BUMNs), consolidating their management and promoting efficiency.
• 😀 Andantara will oversee assets from seven major Indonesian state-owned companies, including Bank Mandiri, Pertamina, PLN, and Telkom, with a combined value of Rp9,000 trillion.
• 😀 The Indonesian government aims to reduce budget leaks (estimated at 30%) through efficiency programs, ultimately directing funds to productive investments.
• 😀 The goal for Andantara is to drive Indonesia towards a growth rate of 8% per year, transitioning from its current rate of around 5%, requiring breakthrough steps.
• 😀 The new BUMN law allows Andantara to invest both directly and indirectly, and profits or losses from these investments will not impact the state's finances, ensuring risk management protocols are crucial.

Q & A

What is the purpose of the super holding andantara in Indonesia's development?

The purpose of super holding andantara is to efficiently manage state-owned enterprises (SOEs) in Indonesia, ensuring their growth towards becoming world-class companies, and managing dividends effectively. It focuses on internal rate of return (IRR) and risk management.

How does Temasek serve as a benchmark for super holding andantara?

Temasek, a global investment company from Singapore, is a benchmark due to its independent operation, professional business approach, and transparency in managing state assets. It has invested across various sectors, including technology, finance, telecommunications, and energy, and is a model for Indonesia's super holding strategy.

What is the role of ADQ (Abu Dhabi Developmental Holding Company) as a benchmark?

ADQ serves as a second benchmark with its sovereign wealth fund management. It is one of the top 10 sovereign wealth funds globally, with significant assets. ADQ operates with a low-profile but strong investment portfolio, focusing on diverse sectors like energy, finance, and healthcare, similar to Indonesia's goals.

How does Indonesia’s APBN compare to Temasek and ADQ in terms of asset size?

Temasek's assets exceed Indonesia's APBN, with a portfolio worth around 4,000 trillion IDR, while ADQ's assets are valued at 2,600 trillion IDR. In comparison, Indonesia's APBN stands at 3,600 trillion IDR.

What is the significance of the internal rate of return (IRR) in managing investments?

IRR is a crucial financial indicator that measures the potential return on investment. A higher IRR compared to the bank’s interest rate suggests the investment is viable, while a lower IRR indicates the investment may not be worth pursuing. It helps determine the success and future profitability of a business.

How does risk management contribute to super holding andantara's strategy?

Risk management in super holding andantara is a systematic process of identifying, assessing, and mitigating threats to the organization. It helps ensure that potential risks are handled effectively, preventing financial fiascos, such as the Jiwasraya and Asabri scandals, from impacting the economy.

What role does the newly established Andantara play in Indonesia’s economic expansion?

Andantara, as an investment management body established in February 2025, will oversee the assets of major state-owned enterprises (SOEs) and guide them toward more efficient management. It aims to raise substantial capital and contribute to Indonesia's national growth by managing assets worth trillions.

What is the strategic importance of the BUMN Law for Andantara?

The newly enacted BUMN Law gives Andantara the authority to directly or indirectly invest, collaborate with operational holding companies, and work with third parties. It ensures that Andantara's investment profits and losses will be considered its own, not a burden on the state.

How does Indonesia aim to reach its goal of 8% annual national growth?

To achieve 8% annual national growth, Indonesia is focusing on large-scale, breakthrough strategies. Andantara is a key player in this plan, aiming to foster economic growth through efficient SOE management, effective investments, and reducing budget leakages.

What steps are being taken to prevent corruption in Indonesia's SOE management?

The government is implementing a strict oversight mechanism with an emphasis on ethical management and integrity within Andantara. This includes robust supervision by figures like President Prabowo Subianto, supported by an advisory council and a supervisory board, to ensure transparency and minimize corruption.