The Russian Direct Investment Fund (RDIF, Sovereign Wealth Fund of Russia) and Danantara Indonesia (Sovereign Wealth Fund of Indonesia) will create a joint Russian-Indonesian investment platform with a capital of 2 billion euros to implement investment projects in Russia and Indonesia and expand bilateral economic partnership. This is stated in the message of the parties.
The corresponding agreement was signed on the sidelines of the St. Petersburg International Economic Forum by Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), and Rosan Perkasa Ruslani, CEO of Danantara Indonesia.
RDIF and Danantara Indonesia will focus on investments in promising Russian and Indonesian companies in strategic industries in order to increase the scale of technological, trade and economic cooperation between Russia and Indonesia. The platform's activities will also focus on technology transfer between the two countries, which will allow the exchange of industrial know-how, applied research and advanced solutions between Russia and Indonesia.
