Danantara to Oversee Rp618 Trillion in Strategic Downstream Projects

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TEMPO.CO, Jakarta - Head of the Downstream Task Force, Bahlil Lahadalia, officially handed over a feasibility study document on downstream projects and national energy resilience to Rosan Roeslani, CEO of the Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara)

According to Bahlil, the document outlines 18 downstream projects from various sectors that will involve Danantara as the funding coordinator.

These strategic projects include eight in the mineral and coal sector, three in agriculture, three in marine and fisheries, two in energy transition, and two in energy resilience.

“The total value of these 18 priority projects reaches Rp618.13 trillion and is expected to create around 276,636 jobs,” said Bahlil at the Ministry of Energy and Mineral Resources office in Central Jakarta on Tuesday, July 22, 2025.

He noted that the details and investment values of the projects are still subject to change and will be further reviewed by Danantara.

“Danantara will continue refining the document,” Bahlil added.

The government also plans to form an Investment and Energy Resilience Task Force, which will be jointly led by Danantara and the Downstream Task Force.

Bahlil explained that coordination with Danantara will continue in areas such as funding, legal issues, land acquisition, and managing social and environmental impacts.

The Downstream Task Force will provide assistance throughout the permitting process and project execution. Bahlil expressed openness to partnerships if Danantara cannot fully implement the projects on its own.

“If Danantara can carry out the projects independently, that’s ideal. If not, collaboration with partners is definitely an option,” he said.

As Chairperson of the Golkar Party, Bahlil remains confident that the feasibility study will soon turn into real action. He believes the implementation of the 18 projects could significantly boost the economy.

“State revenue will rise, people’s welfare will improve, and domestic consumption will be stimulated,” he said.

Danantara CEO Rosan Roeslani expressed readiness to promptly act on the feasibility study. He remains optimistic that funding will come from both private and state-owned entities.

“This will contribute positively toward sustainable and high-quality national economic growth,” he said.

Rosan also noted growing investor trust in Danantara since its establishment. Over the past four months, the agency has secured around US$7 billion in funding through equity and profit-sharing partnerships.

“We believe investor confidence will continue to grow in future investments,” he said.

However, Rosan stressed that any investment in the 18 projects must be economically viable.

“There must be returns and profits, as we are entrusted with ensuring that these investments deliver strong outcomes,” he concluded.

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