JAKARTA \u2014 Danantara\u2019s Chief Executive Officer (CEO) and Minister of\nInvestment for Downstreaming\/Head of the Investment Coordinating Board\n(BKPM), Rosan Perkasa Roeslani, has conveyed Danantara\u2019s strategic\ncommitment to strengthening the role of state wealth funds through the\nestablishment of the Danantara Trust Fund.<\/p>\n
He revealed that Danantara is currently forming the Danantara Trust\nFund as part of a strategic step to expand social impacts and\nsustainable development. Rosan said that Danantara was committed to\nallocating up to 2.5 per cent of the company\u2019s dividend payment ratio\ninto the fund.<\/p>\n
\u201cWe are also forming a Danantara Trust Fund. In our internal\ndiscussion, we are committed to setting aside up to 2.5 per cent of our\ndividend payment ratio. If we look at the figures, every year we will\nallocate at least 100 million US dollars into the Danantara Trust Fund,\u201d\nsaid Rosan via the Presidential Secretariat\u2019s YouTube channel on\nWednesday, 7 May.<\/p>\n
According to him, over the next five to six years, the total funds\nwill grow to up to 1 billion US dollars.<\/p>\n
Furthermore, Rosan said this opens up opportunities for cooperation\nwith Bill Gates and the founder of the Gates Foundation, given their\ncommon focus in various strategic sectors such as education, health,\nsanitation, and poverty alleviation.<\/p>\n
\u201cThis opens up potential opportunities for cooperation with the Gates\nFoundation. We also have a harmonious focus in several sectors such as\neducation, health, sanitation, and poverty alleviation,\u201d he\nexplained.<\/p>\n
According to him, this is part of collaborative efforts to have a\nwider positive impact.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/danantara-establishes-trust-fund-with-us-100-million-annual-allocation-1771239069", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }