Rosan Says Danantara Will Not Replace Private Businesses

Rosan stressed that Danantara’s involvement in various investment projects in Indonesia is intended to strengthen cooperation with private businesses, not take over their activities. Investment Minister and Head of the Investment Coordinating Board (BKPM), as well as Danantara CEO, Rosan P. Roeslani, made the statement at Kadin’s national leadership meeting at the Hotel Borobudur in Central Jakarta on Thursday (29 October 2026), according to Money.

Rosan said Danantara was designed to work alongside businesses, including private companies. He said the view that the agency would replace the private sector’s role was mistaken.

At the Kadin meeting, Rosan directly rejected that view.

“Danantara’s role is not to take over the role of businesses; that is a very, very wrong statement,” said Rosan P. Roeslani, Investment Minister and Head of BKPM, as well as Danantara CEO.

One example of the collaboration Rosan described was a waste-to-energy project. It is planned to involve foreign technology companies working with local firms.

According to Rosan, the partnership would not only enable domestic companies to participate in delivering the project, but also give them the opportunity to gain knowledge and technology from their foreign partners. Technology transfer is one of the elements highlighted in the project’s development.

Alongside business cooperation, Rosan spoke of the importance of maintaining investor confidence amid attention to movements in the capital market. He distinguished long-term direct investment from financial-market capital flows, which can change more quickly.

Rosan said stability and certainty were important to sustaining investor confidence. Both are also needed to support the continuity of investment in Indonesia.