BP BUMN and Sucofindo Discuss Strategy to Prevent Under Invoicing

The Head of the Danantara Investment Authority (BP BUMN) and Chief Operating Officer of Danantara Indonesia, Dony Oskaria, met with the President Director of PT Sucofindo to discuss strategies for preventing under invoicing. The synergy aims to strengthen Sucofindo’s role as an independent verifier to ensure transparency and accountability in export transaction values. Beyond reinforcing trade supervision to prevent state losses, Sucofindo is also enhancing its role in supporting national mineral export governance. This includes developing strategies for identifying associated minerals, including Rare Earth Elements (REE) and radioactive elements. The initiative is intended to increase legal certainty, maintain export fluidity, and support the national mineral downstreaming agenda, ultimately boosting the competitiveness of Indonesia’s mining industry in the global market.