Without Megawati, the Moment of Prabowo and 2 Former Presidents of Indonesia Walking Together at the Danantara Launch

Kapanlagi.com - On Monday, February 24, 2025, the Presidential Palace in Jakarta became the stage for a historic moment full of meaning. President Prabowo Subianto, along with two former presidents, Susilo Bambang Yudhoyono and Joko Widodo, stepped forward in unison during a ceremony that inspired the spirit of national unity.

In this agenda, President Prabowo first signed several crucial documents, including Law Number 1 of 2025 and Government Regulation Number 10 of 2025. These documents serve as the foundation for the establishment of the Investment Management Agency of Daya Anagata Nusantara (Danantara), which is expected to become a source of sustainable national wealth.

Despite the presence of various important figures from government and the business world, the joint procession involving Prabowo, SBY, and Jokowi became the main highlight due to their symbolic presence, while Megawati was absent from the launch event.

1. Preparation and Signing of Important Documents

At the State Palace, President Prabowo Subianto enthusiastically signed Law Number 1 of 2025, marking an important milestone in the governance reform of State-Owned Enterprises (SOEs).

During the signing ceremony held at the State Palace, Prabowo made an official statement, "On this day, Monday, February 24, 2025, I, the President of the Republic of Indonesia, sign Law Number One of 2025 concerning the Third Amendment to Law Number Nineteen of 2003 on State-Owned Enterprises."

The signing of this document is an integral part of the preparations for the establishment of BPI Danantara, which also includes Government Regulation Number 10 of 2025 and Presidential Decree Number 30 of 2025 regarding the structure of the Supervisory Board and Executive Body, thus reaffirming the government's commitment to realizing a professional and transparent state investment governance.

2. Moments Walking Together Towards the Central Courtyard of the Palace

After signing important documents, President Prabowo hurried to the Central Courtyard of the Presidential Palace, accompanied by two former presidents, Susilo Bambang Yudhoyono and Joko Widodo. They glided stylishly in a buggy car that had been specially prepared for this historic moment.

On the way to the golf cart, the three walked in step, surrounded by the Cabinet Secretariat led by Major Teddy Indra Wijaya. Prabowo sat in the front seat, while SBY and Jokowi comfortably filled the second row, creating an atmosphere full of warmth and camaraderie amidst the historic moment.

3. Official Launch of Danantara on the Palace Stage

On the grand stage, President Prabowo solemnly delivered an official speech before pressing the siren button that marked the launch of the Investment Management Agency of Daya Anagata Nusantara, a monumental step for the management of state wealth.

Quoted from ANTARA, before the inauguration moment, Prabowo delivered a few opening words, "With the words bismillahirrahmanirrahim, this afternoon, Monday, February 24, 2025, I, the President of the Republic of Indonesia, launch the Investment Management Agency of Daya Anagata Nusantara Danantara Indonesia."

In a situation filled with a spirit of togetherness, President Jokowi also spontaneously conveyed his congratulations.

4. Functions and Potential of the State Wealth Fund Danantara

Danantara is presented as an ambitious state wealth fund, targeted to manage assets of over 900 billion US dollars with an initial fund of 20 billion US dollars. This initiative aims to finance sustainable projects in the renewable energy sector, advanced manufacturing, downstream industries, and food production.

With a strong organizational structure, including a Supervisory Board and an Advisory Board directly appointed by the President, Danantara is committed to ensuring that every investment decision is made professionally, transparently, and accountably in the interest of the nation.

Through this fund, the government seeks to create synergy between economic policies and strategic infrastructure development, as well as to encourage economic growth by channeling investments into innovative projects that have a high impact on community welfare.

5. Hope and Message for Independent Investment Management

Business observers and practitioners agree that the management of Danantara must be completely free from political influence and certain business interests. The Secretary General of the Indonesian Young Entrepreneurs Association (Hipmi), Anggawira, emphasizes the importance of this independence, stating, "The management of Danantara must be free from political intervention and certain business interests."

The hope for this clean management aims to prevent corruption practices and misuse of funds that have occurred in the past, so that every step in the management of state assets truly focuses on sustainable national development.

The launch of Danantara is not just a new step in the management of state wealth funds, but also a strong statement to all stakeholders that transparency, accountability, and professionalism will be the main pillars in investment management, in order to create inclusive and highly competitive economic growth.

6. FAQ

Q1: What is Danantara and what is its main purpose?

A1: Danantara is the Investment Management Agency of Daya Anagata Nusantara established to manage state assets as a sovereign wealth fund, with the aim of financing sustainable and high-impact projects across various economic sectors.

Q2: Why is the moment of walking together with Prabowo, SBY, and Jokowi considered special?

A2: The moment is considered special because it showcases the unity between the current President and two former Presidents who have played significant roles in Indonesia's leadership history, while also marking the official launch of Danantara with the symbolism of national unity, even though Megawati was not present.

Q3: What is the mechanism for the management and supervision of Danantara?

A3: The management of Danantara is carried out through a structure of a Supervisory Board and an Advisory Board directly appointed by the President, and it is expected to operate independently and transparently to avoid political intervention or specific business interests.

(kpl/rmt)