Boosting Local Employment Opportunities Through Danantara Project
In a bid to enhance domestic employment opportunities, Vice Chairman of the Indonesian House of Representatives PKB Faction, Cucun Ahmad Syamsurijal, expressed optimism regarding the potential impact of the recently launched Badan Pengelola Investasi Daya Anagata Nusantara (Danantara) project on the nation’s workforce. The initiative aims to boost job creation within the country through strategic investments and partnerships.
Cucun highlighted the importance of aligning Danantara’s projects with human resource empowerment initiatives and emphasized the need for a focus on labor-intensive projects in collaboration with SMEs and cooperatives. “We hope that projects funded through Danantara can increase the absorption of domestic labor,” stated Cucun during a recent press briefing.
Supporting Local Talent Development
Furthermore, as the leader of the House of Representatives’ People’s Welfare Coordinator, Cucun underscored the significance of preparing competent human resources in line with priority sectors to meet the evolving demands of the labor market. By fostering partnerships with local businesses and institutions, Danantara aims to nurture a skilled workforce that is adept at driving economic growth and development.
The launch of Danantara signifies a new era in Indonesia’s strategic investment management, with the project aligning closely with the government’s commitment to realizing its overarching vision of Asta Cita – a roadmap aimed at propelling the nation’s economy to greater heights through sustainable and inclusive investments. “With sound financial governance and a long-term sustainability focus, we believe Danantara will prove instrumental in advancing the nation’s economic progress,” shared Cucun.
Ensuring Effective Oversight and Operational Excellence
As Danantara, as an Investment Management Agency, prepares to receive capital injections from the state and other sources, Cucun stressed the importance of robust governance and operational efficiency within the organization. By closely monitoring the activities and performance of Danantara, the Board of Supervisors and the Executive Body aim to ensure optimal management practices that will drive significant economic growth and prosperity for the nation.
President Prabowo, in endorsing Danantara, envisions the agency as a major player in Indonesia’s financial landscape, drawing parallels to Singapore’s Temasek Holdings in terms of operational scale and impact. With assets totaling approximately US$900 billion, equivalent to around Rp 14.715 trillion, Danantara is poised to kickstart its operations with an initial funding projection of 20 billion US dollars.
In conclusion, Danantara’s strategic investments and collaborative efforts with local entities are set to pave the way for a brighter economic future for Indonesia, bolstering job creation, fostering talent development, and driving sustainable growth. By championing inclusive practices and responsible financial stewardship, Danantara stands as a beacon of hope for a more prosperous and resilient Indonesian economy.
