![Indonesian President Prabowo Subianto gives a speech at Merdeka Palace, Jakarta, Indonesia on May 28, 2025. [Eko Siswono Toyudho - Anadolu Agency]](https://www.middleeastmonitor.com/wp-content/uploads/2025/05/AA-20250528-38108075-38108072-EMMANUEL_MACRON_MEETS_WITH_PRABOWO_SUBIANTO_IN_JAKARTA-1-1-1.jpg)
In April 2025, a pivotal agreement marked a new chapter in Indonesia–Qatar relations. Danantara, Indonesia’s newly established sovereign wealth fund, and the Qatar Investment Authority (QIA), one of the most powerful state-owned investors in the Middle East, established a joint investment fund worth $4 billion—$2 billion from each party. This collaboration, announced after a state visit by President Prabowo Subianto to Doha and a bilateral meeting with Emir Sheikh Tamim bin Hamad Al-Thani, is being rightly celebrated as a milestone in South–South cooperation and a testament to growing confidence in Indonesia’s institutional maturity. But to be truly transformational, this partnership must be guided by a clear priority: channelling the majority of this capital toward renewable energy. Indonesia and Qatar have […]