PT Dian Swastatika Sentosa Tbk (DSSA) has affirmed its business\ntransformation towards becoming a digital infrastructure and artificial\nintelligence (AI) company, targeting non-coal revenue to match its coal\nbusiness by 2029.<\/p>\n
The move marks a new milestone for the Sinar Mas Group subsidiary,\nwhich for years has been known as an energy and coal mining-based\ncompany.<\/p>\n
Management stressed that the diversification strategy does not mean\nreducing the coal business, but rather accelerating growth in digital,\ntelecommunications, data centre, and renewable energy (EBT)\nbusinesses.<\/p>\n
DSSA Director of Investment and Investor Relations Daniel Cahya said\ncoal remains the company\u2019s primary foundation. However, the significant\ninvestments made in recent years have begun to alter the company\u2019s\nbusiness composition.<\/p>\n
Currently, according to Daniel, around 90% of DSSA\u2019s EBITDA still\ncomes from the coal business through PT Golden Energy Mines Tbk (GEMS).\nHowever, following various corporate actions in 2025 and 2026, the\nEBITDA contribution from non-coal businesses is expected to increase\nsignificantly.<\/p>\n
\u201cThis year we estimate the EBITDA composition will be around 60% from\ncoal and 40% from non-coal businesses. Going forward, the target is not\nonly EBITDA, but revenue that can reach 50:50,\u201d he said.<\/p>\n
The transformation is underpinned by substantial investments the\ncompany has made over nearly a decade. Daniel revealed that DSSA has\npoured in approximately US$2.8 billion, or around Rp 50 trillion, to\nbuild a digital infrastructure ecosystem.<\/p>\n
According to him, the investment was not made because of the growing\nAI trend, but rather is a long-term strategy that has been built over\nmany years.<\/p>\n
\u201cWe did not suddenly jump on the AI trend. We have been making this\ninvestment for almost 10 years. Today people are only just seeing the\nentire ecosystem begin to connect,\u201d he said.<\/p>\n
Daniel explained that DSSA is now building an integrated AI\necosystem, from energy supply, telecommunications networks, submarine\ncables, satellites, fibre optics, to data centres.<\/p>\n
The company also holds a number of digital assets through MyRepublic,\nMoratelindo, SM+, PT ASIX Indonesia Cerdas (ASIX), Dana, Video, as well\nas a stake in XLSMART.<\/p>\n
\u201cWe want to become the most complete AI infrastructure company in\nIndonesia. So not creating large language models like global technology\ncompanies, but providing all the infrastructure that AI needs,\u201d said\nDaniel.<\/p>\n
One of the main projects is the construction of an AI-ready data\ncentre in the Kuningan area of Jakarta, with a capacity of 40 megawatts\nthat has fully secured customer commitments (fully contracted).<\/p>\n
The capacity consists of a 10 MW edge data centre, a 10 MW Tier III\ndata centre, and a 20 MW Tier IV AI-ready data centre scheduled to begin\noperations in October 2026.<\/p>\n
\u201cWe are very pleased because our data centre is already fully\noff-take before it operates,\u201d he said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/dian-swastatika-sentosas-grand-plan-pivoting-to-digital-infrastructure-and-ai-1786333819", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }