Jakarta, Aug. 8 -- Danantara Investment Management (DIM), a subsidiary of Indonesia's sovereign wealth fund Danantara Indonesia, has forged a long-term strategic partnership with the Brazilian protein producer JBS Group to drive the development of Indonesia's protein ecosystem.

Chief Investment Officer of Danantara Indonesia Pandu Patria Sjahrir said in a statement released here on Friday (August 7) that the agreement reflects the fund's commitment to collaborating with global players that align with its investment mandate.

He stated that the strategic move will provide DIM with access to mature markets and experienced management teams with proven operational capabilities.

"In addition to gaining access to an established business ecosy...