Indonesia, Qatar Agree on $4B Co-Investment Fund Led by Danantara, QIA
Jakarta. Indonesia and Qatar have agreed to establish a $4 billion joint investment fund following President Prabowo Subianto’s official visit to Doha on Sunday, April 13. The initiative is aimed at deepening bilateral strategic cooperation and accelerating development in Indonesia through a co-investment scheme.
The fund will be managed by Indonesia’s state-owned investment agency Danantara Indonesia in partnership with the Qatar Investment Authority (QIA). Both nations will contribute equally, with $2 billion each, targeting high-priority sectors such as downstream industrial processing, renewable energy, healthcare, and technology.
“His Highness the Emir of Qatar has expressed a strong commitment to invest through Danantara Indonesia. We agreed to strengthen this partnership and begin implementation immediately,” President Prabowo said after meeting Sheikh Tamim bin Hamad Al Thani at the Amiri Diwan Palace in Doha.
Danantara CEO Rosan Roeslani welcomed the agreement and said the agency was ready to manage the fund with full accountability.
“This joint fund reflects the high level of trust our global partners have in Indonesia’s institutional capacity. We are committed to ensuring each project delivers long-term, strategic impact for sustainable development,” Rosan said in an official statement.
The fund is expected to serve as a catalyst for economic growth and job creation, while also reinforcing Indonesia’s ties with Qatar.
Since its inception in February, Danantara has actively invited global investors to participate in co-investment projects in key sectors. The agency plans to consolidate state-owned enterprise assets and mobilize an initial $20 billion in capital to support ventures in mineral processing, renewable energy, petrochemicals, and more.
While President Prabowo did not specify which projects Qatar is targeting, senior advisor Luhut Binsar Pandjaitan previously revealed that interest from other Gulf investors includes joint ventures in Indonesia’s green energy transition.
Tags: Keywords:Related Articles
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Books on Prabowo's Ideas Distributed Free at Jakarta Car-Free Day
Prabowo, who took office on Oct. 20, 2024, will mark the second anniversary of his presidency on Tuesday.Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat
Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.Indonesia Targets Integrated Textile Industry with Rp 100 Trillion Investment
The initiative is part of a broader strategy to consolidate existing manufacturers and strengthen their competitiveness.Danantara to Form Joint Investment Fund with Egypt
Danantara has yet to issue a statement on this, but a joint statement showed it had been in talks with the Future of Egypt agency.Prabowo, Egypt’s Sisi Talk Trade Pact for $5 Billion Commerce
Egypt's Sisi tells Prabowo that he wants to see annual trade to reach $5 billion by 2030 as Jakarta seeks tariff deals.Egypt's Sisi Arrives in Indonesia for Talks With Prabowo
Egyptian President Abdel Fattah el-Sisi arrives in Indonesia for talks with Prabowo Subianto to strengthen strategic ties.Danantara to Follow OJK Rules on IDX Ownership
Danantara says that it is still deliberating on the decision, but will follow OJK rules if it decides to acquire IDX stake.Garuda Indonesia Names Thomas Oentoro as New CEO
Garuda Indonesia appoints Thomas Oentoro as CEO as the airline’s revenue grows and losses narrow, despite renewed negative equity.Danantara Plans New Committee to Prevent Overinvestment
Danantara has floated plans to establish a committee meant to make sure that SOEs are making the right investment decision.The Latest
UN Boss Commends Indonesian Forest Protection Despite Persistent Haze Problem
Outgoing UN boss António Guterres' comment comes at an ironic time amid Indonesia's struggle with forest fires.Indonesia Must Benefit Most From Its Minerals: UN Chief
Outgoing UN chief António Guterres says that Indonesia must "retain a far greater share of the economic value" from its minerals.Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Most Popular
