Danantara sets tighter 2026 investment plan

Indonesia’s sovereign wealth fund will back only projects with clear commercial value.

Danantara Indonesia has set its 2026 investment plan with a sharper focus on execution, project vetting, and returns, as it targets sectors tied to Indonesia’s broader economic agenda.

At a presentation in Jakarta on 1 December, CEO Rosan Roeslani said next year’s strategy centres on risk-managed deployment and long-horizon value.

He said the sovereign wealth fund is tightening its investment screens to ensure capital is allotted to projects with clear commercial merit and measurable economic impact.

“We build our portfolio through measured risk-taking, strong diversification, and a commitment to protecting state assets,” Rosan said. “Every decision must generate benefits that ultimately flow back to the public.”

A central item on the pipeline is the Kampung Haji development in Makkah, which seeks to plug the accommodation gap for Indonesian pilgrims.

The proposal could support as many as 7,500 jobs and generate more than $151m (IDR2.5t) in annual economic activity, Rosan told GovMedia on the sidelines of the Jakarta event. He added that Danantara is evaluating several development pathways, including land tenders and asset acquisition.

Danantara is also advancing a slate of waste-to-energy (WtE) projects in Indonesia. The programme is part of a broader shift toward infrastructure assets that can generate stable cash flow whilst filling gaps in the country’s waste management and power systems.

The WtE initiative is expected to create as many as 4,500 construction jobs and contribute roughly $96m (IDR1.6t) to the economy.

Chief Investment Officer Pandu Patria Sjahrir said the 2026 roadmap reflects a stricter investment posture. At a separate briefing, he noted that each proposal must clear a multi-layered review covering strategic value, economic contribution, environmental and social relevance, and financial viability.

“A project must satisfy all these criteria before moving forward,” he said, adding that the team is focused on keeping returns balanced across the portfolio to weather shifts in economic cycles.

Rosan said closer alignment between Danantara Investment Management and Danantara Asset Management is meant to streamline how assets are restructured and how investments are executed.

The consolidation, he said, would reduce duplication and ensure capital is deployed toward the same long-term objectives. “We are committed to building intergenerational value—investments that matter today and remain impactful for decades to come.”