Danantara Reveals Criteria for Sectors Worthy of Investment — What Are They?
Jakarta, CNBC Indonesia – The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) has stated that there are a number of criteria for sectors deemed worthy of investment. In this regard, investment is directed towards sectors considered to have bright growth prospects in the future.
“The first is that the sector must genuinely be growing, generate good profitability, and is expected to continue growing and developing going forward. That is the first criterion,” said Pahala Nugraha Mansury, Managing Director of Global Relations & Communications at BPI Danantara, in an interview with CNBC Indonesia on Monday (7/9/2026).
Based on these considerations, Danantara selects investments in healthy sectors capable of delivering commercial returns. In addition, the investments placed by Danantara must generate a commercial rate of return.
Beyond profitability, Pahala believes that strategic sectors can also drive Indonesia’s economic growth. In practice, Danantara is investing alongside JBS Group, a leading global protein producer.
“However, the funds will later be used to develop production capacity in Indonesia. This is something we see as highly beneficial because we can bring in external capabilities to develop animal-based protein production capacity in Indonesia, acquire the necessary technology, accelerate development, and achieve growth from investments with a strong commercial rate of return,” he explained.
Furthermore, Pahala said there are several factors driving Danantara to develop the food industry, particularly protein.
“One is that the food sector is a sector that will certainly grow with the economy, especially given Indonesia’s population of roughly 280 million and Southeast Asia’s population of nearly 800 million, with protein consumption levels where Indonesia’s per capita protein consumption remains around 40% below the average of developed countries,” he explained.
Pahala believes that with an economic growth target of 8%, population growth, and rising per capita protein consumption, demand for foodstuffs — including protein-based foods — will increase.
“So this is certainly one of the trends we are looking at going forward, especially given that current geopolitical conditions will greatly affect the supply chain for foodstuffs, making this a truly strategic matter,” he said.
“This is one of the reasons why we are making this investment, including by identifying who is currently one of the largest protein producers in the world,” he continued.
On that basis, Danantara formed a partnership with JBS Group, which is regarded as having substantial technological scale and capability in the protein industry. Danantara is targeting various sources of animal protein, including beef, poultry and others.
“It turns out that JBS, a company originating from Brazil but currently listed in the United States, operates assets with a fairly dominant market share in Australia of between 45% and 50%, making it a highly promising partner,” he explained.
Furthermore, Danantara also considers that JBS Group’s capabilities can support the development and strengthening of the regional food supply chain, including protein in Indonesia.
“This is truly the basis for us seeing them as a major player, and they are also very interested in how they can optimise and pursue growth not only in Australia but also in Indonesia — one of the largest markets located right next to Australia, and part of one of the world’s food supply chains least vulnerable to geopolitical conditions,” he explained.
Regarding funding, Danantara and JBS Group will each contribute US$2.5 billion. As a result, the total pooled funds amount to US$5 billion, which will be focused on developing the protein business in Indonesia over the first two years.