240 State-Owned Enterprises Consolidated, Assets More Efficient and Integrated
The transformation of State-Owned Enterprises (SOEs) is ongoing through company consolidation and the optimisation of state asset management. As of July 2026, approximately 240 SOE entities have been consolidated. This step is an effort to build a more efficient and healthy corporate structure capable of creating greater added value for the national economy.
As part of this process, the Head of the SOE Agency and Chief Operations Officer (COO) of Danantara, Dony Oskaria, led an internal meeting on Thursday (2/7) to discuss the progress of the merger regarding SOE asset management. He ensured that the asset integration process is proceeding according to plan, while simultaneously strengthening the effectiveness of the overall management of the state company portfolio.
The discussion focused on the progress of asset management integration to ensure it is more efficient, coordinated, and capable of optimising the sustainable use of SOE assets.
Through increasingly integrated management, SOE assets are expected to be utilised more productively, strengthening corporate governance, increasing operational efficiency, and driving the creation of greater economic value for the country.
“We want every SOE asset to be managed as one great force, rather than operating independently. If management becomes more integrated, the benefits will be much larger for the state, the business world, and the community,” Dony stated in an official statement, quoted on Friday (3/7).
The SOE Agency, alongside Danantara, will continue to encourage consolidation and the optimisation of asset management as part of the sustainable transformation of SOEs. Through more integrated asset management, SOEs are expected to become more efficient, possess stronger competitiveness, and be able to create sustainable added value.
“This is to support national economic growth and provide even greater benefits to the community,” said Dony.
Seven SOEs operating in the logistics sector have officially merged into a single entity.
Finance Minister Purbaya Yudhi Sadewa announced tax exemptions for SOE mergers and acquisitions until 2029 to accelerate the restructuring and efficiency of state-owned companies.
The President Director of PT PP (Persero) Tbk (PTPP), Novel Asryad, also spoke regarding the merger plans for SOE construction companies (BUMN Karya).