Indonesia and the Qatar Investment Authority (QIA) have agreed to establish a US$4 billion joint investment fund as a direct result of President Prabowo Subianto’s recent visit to Qatar. 

The agreement was announced by Rosan P. Roeslani, Minister of Investment and Downstreaming and Head of the Investment Coordinating Board (BKPM), during a press briefing at the Presidential Palace on Wednesday, April 23, 2025.

The fund will be equally financed by Indonesia’s sovereign wealth fund, Danantara, and Qatar’s QIA, with each contributing $2 billion. It will primarily focus on investments within Indonesia across strategic sectors, such as healthcare, digital economy, renewable energy, and industrial development.

“This joint fund is a reflection of the high level of international confidence in Indonesia’s stability and future growth under President Prabowo’s leadership,” Rosan said.

“It demonstrates Indonesia’s increasing appeal as a long-term investment destination,” he added.

He emphasized that while the fund is intended to support Indonesian development, it remains open to global investment opportunities. The focus, however, is on catalyzing local economic benefits, such as job creation, technology transfer, and infrastructure development.

Rosan also reported a strong start to the year for Indonesia’s investment climate, with Rp465.2 trillion (approximately US$29 billion) in realized investments in the first quarter (Q1) of 2025 — marking a 15.9 percent increase year-on-year.

This surge, he noted, underscores continued investor confidence despite global geopolitical and economic challenges.

“This partnership with Qatar is not just about capital − it’s about trust, vision, and the shared ambition to shape the future of sustainable growth,” Rosan said.

He also revealed that talks are underway with two other foreign sovereign wealth funds to establish similar joint investment platforms.

This development signals Indonesia’s growing prominence as a hub for international investment in Southeast Asia.