The Indonesian government, through its sovereign wealth fund managemen agency Danantara, is exploring a partnership with the United States International Development Finance Corporation (U.S. IDFC), focusing on financing investment in critical minerals and the energy sector.
Coordinating Minister for the Economy, Airlangga Hartarto, revealed that early-stage discussions between Danantara and IDFC are part of Indonesia's broader efforts to enhance its investment ecosystem, particularly in high-priority strategic sectors. He emphasized that this move demonstrates Indonesia’s openness to foreign investment, including from the United States.
Airlangga noted that the potential collaboration aligns with Indonesia’s vision of global partnership. He cited existing cooperation with the European Union, including access to the country’s strategic sectors through France’s state-owned mining company, Eramet. A similar dynamic, he said, is seen with the United States through Freeport’s presence in Indonesia.
Concrete steps toward collaboration began with a meeting on May 14, 2025, between Danantara CEO Rosan P. Roeslani and Conor Coleman, Chief of Staff and Head of Investments at the IDFC. The meeting, held at the Indonesian Embassy in Washington, D.C., focused on sustainable financing opportunities for Indonesia’s priority projects, particularly in energy transition and digital transformation.
The IDFC expressed interest in supporting innovative financing mechanisms with direct impact on sustainable development. Coleman highlighted Indonesia's significant potential in green and digital economy development, stating that a solid partnership could unlock broader opportunities for innovative investment structures.
Earlier, on May 5, 2025, Danantara Chief Investment Officer Pandu Sjahrir also met with U.S. Treasury Secretary Scott Bessent and former Secretary Steven Mnuchin during the Milken Institute Global Conference in Los Angeles. The discussion emphasized strengthening U.S.–Indonesia economic ties through increased investment in strategic areas such as energy resilience, upstream-downstream energy integration, and digital infrastructure.
Already have an account? Sign In
-
Start reading
Freemium
-
Monthly Subscription
20% OFF$29.75
$37.19/MonthCancel anytime
This offer is open to all new subscribers!
Subscribe now -
Yearly Subscription
33% OFF$228.13
$340.5/YearCancel anytime
This offer is open to all new subscribers!
Subscribe now
Set up email notifications for these topics
