ITIC Expressed Strong Support for Danantara
JAKARTA, investortrust.id - The Indonesian Tourism Investors Club (ITIC) has expressed strong support for the recent inauguration of the Daya Anagata Nusantara Investment Agency, known as Danantara, by President Prabowo Subianto. ITIC Chairman Teguh Anantawikrama believes that the establishment of Danantara will significantly boost the confidence of international investors in Indonesia’s tourism sector.
Danantara, officially launched on February 24, 2025, is Indonesia’s new sovereign wealth fund (SWF) designed to manage government stakes in state-owned enterprises. "With an initial capital of approximately $61 billion, the fund aims to oversee assets exceeding $900 billion. Its investment focus includes high-impact sectors such as renewable energy, advanced manufacturing, downstream industries, and food production,” he said in an official statement on Monday, Feb. 24, 2025.
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Anantawikrama highlighted that Danantara’s strategic approach aligns with ITIC’s mission to attract foreign investments into Indonesia’s tourism industry. By channeling funds into well-curated projects, Danantara is expected to create a more attractive and secure investment environment. This initiative not only enhances infrastructure and services within the tourism sector but also promotes sustainable economic growth across the nation.
The ITIC Chairman emphasized that the collaboration between Danantara and private investors will open new avenues for tourism development, including eco-tourism, cultural heritage preservation, and the expansion of hospitality services. Such partnerships are poised to elevate Indonesia’s profile as a premier global tourist destination while ensuring that local communities benefit from the economic opportunities generated.
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In summary, the inauguration of Danantara marks a pivotal moment for Indonesia’s economic landscape. With the support of organizations like ITIC, this sovereign wealth fund is set to play a crucial role in attracting and managing investments that will drive the country’s tourism industry and broader economic objectives forward.

