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Qatar to invest $2 billion in Indonesia sovereign wealth fund

  • Qatar is set to invest $2 billion in Indonesia's new sovereign wealth fund, Danantara Indonesia, to support economic growth, according to Indonesian President Prabowo Subianto.
  • President Prabowo Subianto is on a five-nation tour of the Middle East to enhance bilateral ties, including meetings with Qatar Emir Sheikh Tamim bin Hamad Al-Thani.
  • Danantara Indonesia was launched in February with a goal to increase annual economic growth from 5% to 8%, and it will manage an initial budget of $20 billion.
  • The new fund is Indonesia's second sovereign wealth fund, following the Indonesia Investment Authority, which was established in 2021 and holds $10.5 billion in assets.
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CNBCindonesia broke the news in on Sunday, April 13, 2025.
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