Jakarta, May 26 -- Danantara Indonesia Trust, the philanthropic arm of state investment fund Danantara Indonesia, launched its first strategic partnerships in healthcare, education and cultural literacy to strengthen sustainable social development programs in Indonesia.

The partnerships were formalized through memorandums of understanding with the Health Ministry, Karya Salemba Empat Foundation and the Indonesia Heritage Agency, also known as Museum and Cultural Heritage.

"Danantara Indonesia was established not only to manage state assets and investments, but also to contribute to Indonesia's social progress," Chief Executive Officer Rosan Roeslani said in Jakarta on Monday.

Rosan, who also serves as patron of Danantara Indonesia Trus...