Danantara Ensures Investments are Focused on Profitable Projects

BPI Danantara has officially appointed Pahlam N Mansury as the Managing Director of Global Relations and Communications. He is tasked with enhancing public perception and building stakeholder trust regarding Danantara’s role, duties, and performance in driving sustainable economic growth.

Pahala N Mansury is also working to improve public understanding of how Danantara manages SOE assets and businesses. Unlike previous structures, Danantara, as a shareholder in SOEs, can now directly execute management actions involving transformations, capital injections, mergers, and even the closure of state-owned enterprises.

Within the SOE ecosystem, Danantara also operates as an investment holding company. Consequently, the dividends received from SOEs can be utilised by Danantara Investment Management to make direct investments in sectors strategic to the Indonesian economy.

Pahala ensured that the management of SOEs through Danantara Asset Management (DAM), Danantara Investment Management (DIM), and the Danantara Development Management Fund (DDMF) is aimed at driving business development that benefits the Indonesian people. This includes investments in the food sector, renewable energy, and healthcare.

One of the primary focus areas for Danantara is the strengthening of Indonesia’s food and protein sectors. To this end, Danantara is investing USD 2.5 billion (approximately IDR 44 trillion) into the Brazilian meat processing giant JBS NV, aimed at developing protein businesses such as beef, fish, and poultry within Indonesia.

This partnership involves developing protein production facilities in Indonesia, which is expected to increase domestic production capacity and strengthen the food protein supply chain.

In its investment approach, Danantara ensures that relevant sectors possess healthy growth prospects and profitability while simultaneously accelerating Indonesia’s economic growth.