Danantara hosts Tony Blair to boost SOE transformation

Indonesia's sovereign wealth fund, Danantara, hosted former British Prime Minister Tony Blair and representatives from the Tony Blair Institute for Global Change (TBI) to bolster international collaboration aimed at accelerating the transformation of state-owned enterprises (SOEs). The meeting, held at President Prabowo Subianto's residence in South Jakarta, focused on strengthening governance, developing strategic sectors, and boosting Indonesia's global competitiveness.

Dony Oskaria, Head of BP BUMN and COO of Danantara, emphasized the importance of global partnerships in driving SOE transformation. "We want SOE transformation to proceed more quickly. Therefore, it is important for us to open up collaboration with global partners like the Tony Blair Institute," Oskaria stated in an official release. The gathering also included key figures such as Rosan Roeslani, CEO of Danantara and Minister of Investment, and Pandu Sjahrir, CIO of Danantara.

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We want SOE transformation to proceed more quickly. Therefore, it is important for us to open up collaboration with global partners like the Tony Blair Institute.

Discussions explored potential collaborations in developing economic zones, accelerating industrial downstreaming, infrastructure development, and digital transformation. Leveraging TBI's experience and global network is expected to foster best practices, improve access to quality investment, and expedite the implementation of national strategic programs. Oskaria further noted that adapting global experiences and practices is crucial for optimizing results and adding value to Indonesia.

BP BUMN, in conjunction with Danantara, is actively pursuing collaborations with various international strategic partners. This initiative is part of a broader effort to cultivate SOEs that are more professional, globally competitive, and capable of driving sustainable national economic growth. The synergy aims to enhance institutional capacity and ensure SOEs contribute effectively to the nation's development agenda.

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There are many experiences and practices that we can adapt to optimize the results and truly add value to Indonesia.