Danantara, Qatar to Pool $4 Billion for Investments in Indonesia

  • Deal reached after Indonesia, Qatar leaders met in Doha
  • Qatar previously signed MoU to develop housing in Indonesia
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Indonesian wealth fund Danantara and Qatar have agreed to pool $4 billion for investments in Southeast Asia’s largest economy, marking the new fund’s first planned venture with foreign investors.

The two parties agreed to invest in a joint investment fund after a meeting between Emir Sheikh Tamim bin Hamad Al Thani and Indonesian President Prabowo Subianto in Doha on Sunday, according to both governments.