Indonesian Political, Business & Finance News

Prabowo Subianto Courts Global Investment in Washington, Declares Indonesia No Longer a 'Sleeping Giant'

| | Source: MUREKS.CO.ID Translated from Indonesian | Investment
Prabowo Subianto Courts Global Investment in Washington, Declares Indonesia No Longer a 'Sleeping Giant'
Image: MUREKS.CO.ID

President Prabowo Subianto held a strategic meeting with twelve leaders of prominent global investment firms in Washington D.C., United States, on Friday, 20 February 2026, local time. The primary agenda was to explore investment opportunities and strengthen economic cooperation to drive growth and job creation in Indonesia.

The meeting underscored the Indonesian government’s commitment under President Prabowo’s leadership to actively attract foreign capital and position Indonesia as a promising investment destination amid global economic dynamics. The initiative is expected to accelerate the realisation of national strategic projects and generate significant economic impact for the public.

During the meeting, President Prabowo emphatically stated that Indonesia no longer wishes to be known as a ‘sleeping giant’. “President Prabowo opened the widest possible investment opportunities to build as many economic chains and jobs as possible that benefit domestic interests in Indonesia,” according to a statement quoted from the Cabinet Secretariat’s official Instagram account. This message was reinforced by Investment and Downstream Industries Minister and head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, who also serves as CEO of Danantara, who conveyed that President Prabowo stressed: “Perhaps Indonesia has been known as a sleeping giant, but we’re not sleeping anymore. Now is the time for us to wake up.”

The meeting, originally scheduled for one hour, extended to nearly two hours, reflecting the intensity and productivity of the discussions. The investment firm leaders in attendance included CEOs and presidents from world-leading firms, including Todd L. Boehly of Eldridge Industries (owner of Chelsea FC and the LA Lakers) and Armen Panossian of Oaktree (owner of Inter Milan). Representatives from Blackrock Founding Partners, General Atlantic, KKR, Warburg Pincus, and several other major investment firms were also present.

The global investors reportedly showed highly positive interest in Indonesia, expressing confidence that the domestic investment climate continues to improve. Discussions covered the direction of national economic policy, measures to strengthen the investment climate, and the government’s commitment to maintaining stability and legal certainty.

Rosan Perkasa Roeslani also explained that the presence of Danantara Indonesia, as the manager of state-owned enterprise (SOE) assets and a sovereign wealth fund, received a positive response. Investors assessed Danantara as having the potential to become a strategic local partner in various investment schemes, both in Indonesia and globally. Following the main session, dialogue continued through limited one-on-one meetings with each company leader to discuss further cooperation potential.

As additional context, global investor confidence in Indonesia’s economic fundamentals has been strengthening. Throughout 2025, Indonesia recorded foreign direct investment (FDI) of US$53 billion, equivalent to approximately Rp895.7 trillion to Rp897 trillion. Total investment realisation throughout 2025 reached Rp1,931.2 trillion, surpassing the set target. These figures reflect genuine confidence in Indonesia’s economic potential, political stability, and policy direction.

Previously, at the Indonesia-United States Business Forum on 19 February 2026, Indonesia and the US recorded total trade and investment commitments worth US$38.4 billion. President Prabowo affirmed: “For American companies, Indonesia is not merely a market but also a production base and strategic partner in Southeast Asia. Our scale is highly significant, our demographics are strong, and our commitment to openness is resolute.” The meeting with these investment giants is expected to strengthen Indonesia’s position as a stable and attractive global strategic partner for long-term investment.

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