Indonesia’s sovereign wealth fund, Danantara, is moving forward with an expansion of its Hajj Village project in Makkah, targeting the acquisition of prime real estate just 600 meters from Masjid al-Haram (Grand Mosque).

Danantara CEO Rosan Roeslani made the announcement during the Indonesia Economic Outlook 2026 in Jakarta on Friday.

The new acquisition follows the fund’s earlier purchase of the Novotel Makkah hotel and additional real estate assets within the Thakher City complex, located approximately 2.5 kilometers from Masjid al-Haram (Grand Mosque).

That initial phase spans 4.4 hectares and includes three towers with 1,461 rooms, which are already operational.

He confirmed that the expanded Hajj Village will be connected to the Grand Mosque area via a dedicated tunnel, though details regarding the tunnel’s route were not disclosed.

The vision for the project includes the construction of 13 buildings within the Hajj Village zone, designed specifically to accommodate Indonesian Hajj and Umrah pilgrims. Roeslani noted that the foundational agreement for this development was signed on December 14, 2025.

Danantara Chief Investment Officer Pandu Sjahrir provided additional context, explaining that the Thakher Complex currently includes approximately 14 plots of land designated for further commercial and retail development.

The master plan envisions a gradual expansion to approximately 6,000 rooms with an estimated capacity of 22,000 pilgrims.

Source: The Islamic Information