Market-Based, Purbaya Says PFII Managed Funds Could Finance Danantara Projects

Finance Minister Purbaya Yudhi Sadewa has said that investment funds managed through the Indonesia International Financial Centre (PFII) could become a source of financing for a number of domestic projects, including Danantara projects. He explained that funds entering the PFII will be managed by market players and invested in various projects deemed potentially profitable on a business basis, rather than through government assignment. “This money goes there, to the financial centre. It will certainly have to be circulated. The financial centre will then decide where to invest. We hope they can enter attractive domestic projects,” Purbaya said at the Parliament complex in Senayan, Jakarta, on Thursday, 2 July 2026. He confirmed that PFII investments will be entirely market-based. “These projects are definitely market-based, at their discretion, not forced. So attractive projects will be offered to them. If some Danantara projects are attractive, but there are also other non-Danantara projects that are attractive,” he stated. In addition to financing investment projects, Purbaya said funds managed through the PFII could also become a source of budget financing through the purchase of Government Securities (SBN). “It can also be used to pay government debt. If we issue bonds, they can buy bonds. So my funding sources will become more complete. From America, Japan, Australia, China, and later from here. So we will be stronger in terms of financing,” Purbaya said. However, the regulations concerning the PFII are still in the early stages of discussion. The government, together with the Indonesian House of Representatives (DPR RI), has begun deliberating the Bill on the PFII. This regulation will serve as the legal foundation for establishing an international-standard financial centre expected to attract investment, strengthen the national financial sector, and enhance Indonesia’s competitiveness at the global level. During a working meeting with Commission XI of the DPR RI, Purbaya said the drafting of the PFII Bill is part of the government’s efforts to realise a stronger, more inclusive, sustainable, and globally competitive national economy.