Sovereign wealth fund Danantara Indonesia and the Qatar Investment Authority (QIA) will jointly manage a US$4 billion fund to invest in projects aimed at accelerating Indonesia’s economic development.

Indonesia and Qatar will each contribute US$2 billion to the fund, which will focus on investments in downstream industries, healthcare, renewable energy, technology, and other strategic sectors.

Danantara CEO Rosan Roeslani expressed the fund’s readiness to oversee the implementation of investments and welcomed the trust shown by the Qatari government.

“Danantara Indonesia is ready to carry out this mandate by implementing prudent, transparent, and results-oriented investment governance. Our focus is to ensure that every funded project has a strategic and sustainable impact on the national economy,” he said in Jakarta.

He added that the collaboration reflects the international community’s confidence in Indonesia’s institutional ability to manage large-scale investments.

“This partnership is a concrete step in building trust with strategic global partners such as Qatar. It shows that Indonesia is not merely an investment destination, but also possesses the institutional capacity to manage investments professionally and accountably,” Roeslani stated.

He expressed hope that the strategic partnership and continued cooperation would make a real contribution to accelerating economic development and improving the welfare of the Indonesian people.

During President Prabowo Subianto’s official visit to Qatar, the two governments agreed to establish a co-managed investment fund focusing on key development sectors in Indonesia.

“We agreed to immediately strengthen cooperation. Our Qatari counterpart will invest through Danantara Indonesia, with a commitment of US$2 billion for this joint fund,” Prabowo announced.

Danantara Indonesia, a newly established independent institution under the President’s office, is tasked with managing and optimizing government investments and the assets of state-owned enterprises to support the achievement of national strategic plans and programs.