BP BUMN to Oversee Semen Indonesia Group Transformation - BCA Sekuritas
BP BUMN is overseeing the transformation of the Semen Indonesia Group (SIG) to strengthen the company’s business structure. Danantara Dony Oskaria, Head of BP BUMN and Chief Operating Officer, emphasised that transformation and streamlining of state‑owned enterprises are essential in building a healthier, more agile and competitive state‑owned enterprise sector amid the evolving dynamics of the industry. “Transformation of SOEs must be directed to create a more efficient business structure, focus on core businesses, and deliver greater added value for the country and its people,” he said in a statement in Jakarta on Wednesday.
The steps of transformation were discussed in a meeting chaired by the Head of BP BUMN and COO Danantara Dony Oskaria, assisted by Deputy Head Aminuddin Ma’ruf, together with the SIG Board of Directors. The meeting highlighted the progress of the streamlining programme, which has now entered the execution phase in Q2 2026, including various consolidation measures to strengthen the company’s business structure.
Semen Indonesia Group (SIG) continues to accelerate corporate transformation through a large‑scale streamlining programme across its business entities. In the process, the number of SIG business entities was trimmed from 40 companies to 12 core entities as part of a strategy to strengthen business efficiency, sharpen focus on strategic lines of business, and boost the competitiveness of the domestic cement industry amid the dynamics of the global industry.
In the transformation process, SIG is pursuing a series of strategic agendas, ranging from the merger of distribution and building materials entities, consolidation of the logistics sector, integration of industrial estates into the Danantara ecosystem, to divestment and liquidation of non‑strategic entities. These steps are intended to create a leaner, more effective business structure capable of supporting faster and more measured business decision‑making.
In addition to focusing on operational efficiency, SIG also ensures that all stages of the transformation are conducted prudently and in accordance with good corporate governance principles. The company continues to coordinate with independent advisers, Public Accounting Firm (KAP) auditors, and carries out due diligence to ensure each strategic step is undertaken in an accountable and transparent manner.
Through measured and sustainable transformation steps, SIG is expected to be increasingly prepared to face the challenges of the national construction and infrastructure industry in the years ahead, while strengthening its contribution to supporting Indonesia’s development agenda.