Danantara ready to support Bali as global financial centre

Danantara has stated its readiness to support the Bali region as the location for the Indonesia International Financial Centre (PFII), thereby strengthening Indonesia’s competitiveness as a global financial hub. “PFII is not just about building a financial district, but also about building global trust in Indonesia,” said Danantara COO and Head of the State-Owned Enterprise Regulatory Body (BP BUMN) Dony Oskaria in Jakarta on Wednesday. According to him, the government is currently using the Dubai International Financial Centre (DIFC) as a benchmark, as it has successfully made Dubai one of the world’s leading financial centres. He continued that DIFC offers various advantages, including a 0 per cent corporate tax incentive for 40 years, serves as a hub for over 50,000 professionals, and is known as the “Wall Street of MEASA” (Middle East, Africa, and South Asia). By adopting these best practices, the PFII in Bali is expected to attract global investment, deepen the domestic financial market, expand financing access, and strengthen Indonesia’s position in the international financial ecosystem. As part of the preparations, on Tuesday (14/7/2026), Dony led a meeting with Danantara Chief Investment Officer (CIO) Pandu Sjahrir and the ranks of Managing Directors and the Board of Directors (BoD) to discuss the readiness for PFII development. The discussion focused on investment strategy, building a globally standardised financial ecosystem, and optimising Danantara’s role in supporting the development of assets, infrastructure, and supporting services for the PFII. “With a competitive and globally standardised ecosystem, we want to bring in more investment that has a real impact on national economic growth,” he said. Through this synergy, the government is optimistic that the PFII in Bali will become a magnet for international investment, strengthening Indonesia’s position as a regional financial centre while driving sustainable national economic growth.