Danantara Indonesia to Deploy Up to $14 billion This Year, CIO Says in Davos

DANANTARA - DAVOS, Switzerland, Jan 23 - Sovereign wealth fund Danantara Indonesia expects to invest up to $14 billion this year using dividends from businesses it already owns, its chief investment officer told Reuters, while also planning a second bond issue in the next couple of months.

"Last year we already committed I think about $8 billion ... but the total this year goes to $14 billion that we have to deploy," Chief Investment Officer Pandu Patria Sjahrir told the Reuters Global Markets Forum on â?the sidelines of the World Economic Forum on Thursday.

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