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Danantara to Build Largest Refinery

Monday, May 26, 2025

Danantara sets sights on building what could become Indonesia’s largest oil refinery, with Hashim Djojohadikusumo securing investors.

arsip tempo : 176579580946.

Ilustration: TEMPO/Alvin Siregar. tempo : 176579580946.

A GLIMMER of clarity has begun to emerge around a flagship project planned by the Anagata Daya Nusantara (Danantara) Investment Management Agency. Following a limited cabinet meeting at Merdeka Palace in Jakarta on Thursday, May 22, 2025, Danantara Chief Executive Officer (CEO) Rosan Perkasa Roeslani announced that the state-owned investment agency would be entering the electric vehicle battery industry. “We see strong returns, signifi

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Hendrik Yaputra and Retno Sulistiyowati contributed to the writing of this article. 

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