Indonesia’s Danantara fund eyes Mecca haj village and global partnerships
Sovereign fund, led by Pandu Sjahrir, aims to boost economic growth by investing in key sectors like healthcare and renewable energy
In an interview with This Week in Asia, Pandu outlined the fund’s dual priorities: improving the haj experience for Indonesian Muslims while simultaneously reducing the country’s reliance on imports in key sectors, such as healthcare. Another core aim is attracting global partnerships that will deliver technology transfers and create jobs back home.
“Obviously, there’s a lot of bidders. So we’re really trying to put our best foot forward,” Pandu said, describing the project as both a logistical solution and an opportunity to showcase Indonesia’s cultural presence abroad.
With more than 242 million Muslims, Indonesia is the world’s largest Islamic nation by population, a fact that closely ties national sentiment to the success of Danantara’s bid.