Danantara Announces Greenfield Tourism Investment in Labuan Bajo With QIA

Labuan Bajo — Danantara Indonesia has announced a greenfield tourism investment in Labuan Bajo, East Nusa Tenggara, in cooperation with Qatar Investment Authority (QIA), according to a Danantara press release dated March 31, 2026 and independent reporting that same day. The announcement did not disclose a project value, named facilities or a construction schedule.

The Danantara statement said the investment is intended to support Indonesia’s tourism sector and create opportunities for the local economy. It described QIA as an existing investor in the project and said the plan is a greenfield development, meaning it would be built from the ground up.

Independent coverage from local and national business outlets said the initiative is meant to strengthen Indonesia’s position as a world-class tourism destination and support economic growth in eastern Indonesia. One report quoted Danantara Chief Investment Officer Pandu Sjahrir saying the plan is meant to generate sustainable returns while opening new social and economic opportunities.

Labuan Bajo sits on the western tip of Flores and serves as a gateway to Komodo National Park. Danantara said the area’s strategic role in tourism made it a suitable location for new investment.

What has been confirmed

• Parties involved: Danantara Indonesia and Qatar Investment Authority
• Project type: Greenfield tourism investment
• Location: Labuan Bajo, East Nusa Tenggara
• Disclosed value: None
• Named facilities: None
• Construction start date: None

The announcement has not identified a specific site within Labuan Bajo or outlined which facilities may be built. It also does not specify how capital will be divided between the two parties or when permitting and construction could begin.

For local businesses and investors, the announcement signals possible future demand in construction, hospitality and services, but the scale of that opportunity remains unclear until more project details are released.

Danantara framed the project as part of a wider investment strategy aimed at supporting national priorities and long-term value creation. The company did not provide a timetable for further disclosures.

Sources

• Danantara Indonesia press release
• Investortrust
• Kontan
• Okezone