Danantara Assures Existing Natural Resource Export Contracts Will Remain Unaffected by New Intermediary Policy

The Chief Operating Officer (COO) of Danantara, Dony Oskaria, has emphasised that all existing export contracts for natural resources (SDA) held by companies will continue to operate normally, even with the appointment of PT Danantara Sumber Daya Indonesia (DSI) as the sole intermediary for natural resource exports from June until 31 December 2026. According to Dony, this policy will not alter or disrupt existing agreements between businesses and their trading partners. The government and Danantara are simply ensuring that export implementation remains transparent and compliant with regulations.

“We will continue to honour the contracts already held by all companies,” Dony stated during an online press conference on Monday (8/6).

He explained that the appointment of DSI as the sole intermediary is intended to strengthen supervision against practices such as under-invoicing—reporting export values lower than their actual worth—and transfer pricing, which can reduce potential state revenue from the natural resources sector.

“Those contracts will proceed as they currently exist. As long as we avoid the practices we are trying to prevent, namely under-invoicing and transfer pricing, operations will continue as usual,” he said.

Dony added that DSI has been mandated under Government Regulation (PP) to serve as the sole intermediary for natural resource exports. However, this role is primarily focused on oversight and governance to ensure that export transactions are fair, transparent, and accountable.

To support the implementation of this policy, Danantara will also develop a digitalised system to allow all natural resource export transactions to be monitored more openly and precisely. Through this system, the government hopes that supervision can be conducted effectively without hindering ongoing export activities. Consequently, Dony urged business owners and the public not to be concerned about the implementation of this new policy, assuring that all existing contracts remain valid until the government establishes a better governance pattern following the end of the transition period on 31 December 2026.

“Therefore, all entrepreneurs and the Indonesian people need not worry; all contracts are proceeding normally,” he noted.

Dony reaffirmed that the implementation of the policy will be conducted openly and remains accountable to the public, aligning with Danantara’s commitment to transparent and accountable governance.