137 State-Owned Hotels to Be Merged as Danantara Pursues Efficiency
Jakarta, CNBC Indonesia — The Daya Anagata Nusantara Investment Management Agency (Danantara) is continuing to consolidate state-owned enterprises as part of efforts to improve efficiency and asset productivity.
Danantara CEO Rosan Roeslani revealed that one of the steps being taken is merging the hotel businesses owned by state-owned enterprises. At present, there are around 137 hotels that will be consolidated.
“For example, we are merging asset management companies — previously every bank and financial institution under the SOEs had its own asset management company, and we are merging them. Then we are also continuing to merge hospitals. After we merge them, we have around 137 hotels, and we are also merging those,” Rosan said during a joint press conference on the 2027 State Budget Draft and Financial Note on Friday (14/8/2026).
The consolidation is part of Danantara’s SOE streamlining programme. Rosan said the move is being carried out through a number of methods, ranging from divestment, mergers and liquidation to vertical consolidation.
According to Rosan, out of around 1,074 SOEs, Danantara has so far reduced the number of companies by around 260 entities through these various schemes.
“As of today, we have reduced the number by around 260 companies that we have closed through divestment, mergers, liquidation, vertical consolidation and others,” he said.
Danantara is targeting for the streamlining process to continue until the number of SOEs reaches around 200 companies by the end of this year.
Rosan acknowledged that the consolidation process is not an easy task. Restructuring SOEs, he said, requires consideration of various aspects before it is carried out.
“We have to admit this is not an easy job and it is very, very heavy because it has to be viewed from all aspects,” Rosan said.
Nevertheless, he stressed that streamlining is one of Danantara’s programmes to create efficiency, increase productivity and optimise state-owned assets.