Danantara Indonesia (Danantara) is Indonesia’s newest and most ambitious investment institution. It is designed to hold, manage, and optimise Indonesia’s state-owned enterprises (SOEs), with the aim of accelerating progress towards achieving the Indonesian government’s target of 8% annual economic growth. To streamline oversight and coordination of the SOEs, investment and operational authority was transferred to Danantara, working hand-in-hand with the Ministry for State-Owned Enterprises as the “regulator” of SOEs to operate and manage the SOEs and use their dividends for strategic investments.
In this update, WongPartnership and Makes & Partners Law Firm discuss several notable developments relating to Danantara since its official launch earlier this year.
If you would like information on this or any other area of law, you may wish to contact the Partner at WongPartnership or Makes whom you normally work with or the following:
Dr Yozua MAKES
Founder and Managing Partner
d +62 21 547 7181
e ymakes@makeslaw.com
Click here to view Dr Yozua’s CV.
Mark CHOY
Partner
d +65 6416 8014
e mark.choy@wongpartnership.com
Click here to view Mark’s CV.
Iwan SETIAWAN
Senior Partner
e setiawan@makeslaw.com
Click here to view Iwan’s CV.
LIM Wei Lee
Partner
d +65 6416 6871
e weilee.lim@wongpartnership.com
Click here to view Wei Lee’s CV.
FRANSISCA
Partner
e fransisca@makeslaw.com
Click here to view Fransisca’s CV.
James CHOO
Partner
d +65 6416 2418
e james.choo@wongpartnership.com
Click here to view James' CV.
Niki SATYAPENI
Partner
e niki@makeslaw.com
Click here to view Niki’s CV.
Muhammad KARNOVA, S.H.
Partner
e karnova@makeslaw.com
Click here to view Muhammad’s CV.