Presiden Prabowo Luncurkan Danantara, Kuasai 99% Saham BUMN - [ Zona Bisnis ]

Summary

On February 24, 2025, President Prabowo Subianto officially launched the Investment Management Agency (Andantara), aiming to become a key driver for Indonesia's economic growth. Andantara, backed by the newly passed State-Owned Enterprises Law, will manage assets worth up to $980 billion. The agency is tasked with optimizing investments in sustainable projects, such as renewable energy and food industries, with a target of contributing 8% to national growth. It will oversee strategic SOEs, manage dividends, and facilitate mergers, acquisitions, and restructurings. The government aims to reinvest profits for further economic development.

Takeaways

• 😀 President Prabowo Subianto launched the Investment Management Agency (Andantara) on February 24, 2025.
• 😀 Andantara is established to manage and optimize state-owned enterprises (SOEs) and investments.
• 😀 The agency will oversee assets worth up to $980 billion or IDR 15,978 trillion.
• 😀 The government expects Andantara to contribute 8% to national economic growth.
• 😀 The agency will manage SOE dividends, investments, and restructure companies through mergers, acquisitions, and separations.
• 😀 Andantara will handle investments in sustainable projects like renewable energy, downstream manufacturing, and food production.
• 😀 The new law passed on February 4, 2025, empowers Andantara to manage dividends from SOE holdings.
• 😀 Andantara's role includes approving changes in SOE capital, including increasing or reducing investments from dividends.
• 😀 The government is targeting a reinvestment strategy where 100 trillion IDR of SOE dividends are returned for future capital work.
• 😀 Seven strategic SOEs will initially fall under Andantara's management, including Pertamina, PLN, BRI, BNI, Mandiri, Telkom, and Mining Indonesia.

Q & A

What is Andantara and when was it launched?

Andantara is a state investment management body launched by President Prabowo Subianto on February 24, 2025. It was established to manage and optimize investments in state-owned enterprises (SOEs) in Indonesia.

What is the primary goal of Andantara?

The primary goal of Andantara is to contribute to Indonesia's economic growth by managing and optimizing the dividends and investments of state-owned enterprises, as well as fostering sustainable projects like renewable energy and food security.

How much assets is Andantara set to manage?

Andantara is set to manage up to 980 billion USD, which is equivalent to approximately 15.978 trillion IDR.

What are some of the projects Andantara is expected to invest in?

Andantara is expected to invest in sustainable projects, including renewable energy, downstream manufacturing industries, and food security.

How does Andantara contribute to Indonesia's national growth?

Andantara aims to contribute 8% to Indonesia's national growth by optimizing SOE investments and driving projects that enhance the country's economy and sustainability.

What powers does Andantara have under the BUMN Law?

Under the BUMN Law, Andantara has the authority to manage SOE dividends, approve capital adjustments, and approve the restructuring of SOEs, including mergers, acquisitions, and business separations.

What are the key state-owned enterprises (SOEs) under Andantara's management?

Seven key SOEs will be managed by Andantara, including Pertamina, PLN, BRI, BNI, Bank Mandiri, Telkom, and MIN ID (Mining Indonesia).

What role does Andantara play in the restructuring of SOEs?

Andantara plays a crucial role in the restructuring of SOEs by overseeing mergers, acquisitions, and business separations to improve the efficiency and profitability of these enterprises.

What is the significance of the 100 trillion IDR dividend mentioned by President Prabowo?

President Prabowo mentioned that 100 trillion IDR of the dividend from SOEs should be reinvested into BUMN for further working capital. This reinvestment is intended to fuel future economic growth and ensure the continued success of the SOEs.

What was the legal basis for the creation of Andantara?

Andantara was created based on the BUMN Law, which was passed by the Indonesian Parliament on February 4, 2025. The law formalized Andantara's authority to manage SOEs and their investments.