Jakarta, March 12 -- President Prabowo Subianto has set a target for Danantara Indonesia to contribute at least $50 billion, or about 800 trillion rupiah, to the state each year.

Speaking at an event marking Danantara's first anniversary in Jakarta on Wednesday, the president said that the contribution target is based on an expected 5 percent return on assets (ROA) from all assets held by Danantara.

He added that a well-managed company can generate a minimum annual ROA of 10 percent. Still, he is currently expecting only 5 percent from Danantara, as the company has been operating for just one year.

"We understand that in its early years, it may be difficult to achieve. However, if we set the ROA target at 5 percent, it means that Danan...