A Fiscal Tool for Vital Projects

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Chief Executive Officer of the Daya Anagata Nusantara Investment Management Agency (Danantara), Rosan Roeslani (right), accompanied by Minister of State Secretary, Prasetyo Hadi, gives a statement to the media crew at the Presidential Palace complex, Jakarta, June 15, 2026. Tempo/Imam Sukamto

TEMPO.CO, Jakarta - A meeting of the Supervisory Board and Executive Board of the Daya Anagata Nusantara Investment Management Agency (Danantara), at Wisma Danantara in South Jakarta on Monday, June 15, 2026, marked an important moment for Agus Harimurti Yudhoyono. The Coordinating Minister for Infrastructure and Regional Development, who also serves as a member of Danantara's Supervisory Board, gained a new partner: Danantara Development Management Fund (DDMF).

According to Agus Yudhoyono, DDMF will support financing for long-term projects aligned with President Prabowo Subianto's priority programs. He said the projects include the construction of connectivity infrastructure and regional resilience projects aimed at driving economic growth and public welfare. "For us, DDMF will be a strategic partner," said the Democratic Party politician.

Discussion of the projects to be undertaken by DDMF also surfaced during the meeting. Agus said the projects would require massive investment. They include the giant sea wall along Java's northern coast; the reactivation and construction of new railway lines for Trans-Sumatra, Trans-Kalimantan, and Trans-Sulawesi networks; as well as the provision of 3 million homes.

The meeting also answered reports about the creation of a new entity under Danantara. Since early June, reports had circulated that Danantara could establish an investment holding company capable of receiving state capital injections. The plan was reinforced by Government Regulation No. 19/2026, which revised Government Regulation No. 10/2025 on Danantara's Organization and Governance.

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