Awaiting the Special Export State-Owned Enterprise to Take Effect on June 1: How Are the Preparations Going?

Next month, all exports of Indonesia’s natural resource wealth must go through a single channel controlled by a state-owned company. The government is preparing a scheme for a state-owned enterprise (BUMN) dedicated to exports, scheduled to take effect on 1 June 2026. This policy was formulated by President Prabowo Subianto through a Government Regulation (PP) on the Governance of Export of Natural Resource Commodities. Prabowo explained that the PP requires exports of Indonesia’s natural resource commodities, from palm oil to coal, to pass through the BUMN as the sole exporter. ‘Today, the Government of the Republic of Indonesia that I lead has issued a Government Regulation on the Governance of Export of Natural Resource Commodities,’ he said at the DPR building in Senayan, Jakarta, on Wednesday, 20 May 2026. The head of state said the PP aims to strengthen supervision and monitoring of export activities in Indonesia. ‘In essence, the proceeds from each export sale will be passed on by the BUMN designated by the government to the enterprises managing those activities. This could be described as a marketing facility,’ he added. The government named the new BUMN PT Danantara Sumber Daya Indonesia (DSI), which will begin work on 1 June. Moving forward, PT DSI will operate directly under BPI Danantara, focusing on managing export transactions for a number of strategic natural resource commodities. ‘The Investment Minister/Head of BKPM has formed PT Danantara Sumber Daya Indonesia. Further details will be explained,’ said Coordinating Minister for Economic Affairs Airlangga Hartarto at a press conference at the DPR building, Senayan, Jakarta, on Wednesday. Thereafter, PT DSI will be fully operational from January 2027, with functions including purchasing commodities directly from exporters, holding the goods, and bearing the trading risks before selling them to international markets. The policy’s aim is to eliminate data manipulation or underinvoicing and to optimise foreign exchange earnings from exports into Indonesia. Separately, Danantara’s CEO and Minister of Investment and Industry, Rosan Roeslani, said Luke Thomas Mahony will become President Director of PT DSI.