Danantara commits to professional and accountable management of PT DSI
The Danantara Investment Management Agency (Danantara Indonesia) has emphasised its commitment to ensuring that PT Danantara Sumberdaya Indonesia (DSI) executes its mandate to strengthen the governance of strategic natural resource commodity exports in a measurable, professional, and accountable manner.
Danantara understands that the success of DSI’s mandate will depend on business certainty, ensuring that existing signed contracts can continue to operate, provided that no under-invoicing occurs. “Maintaining the trust of international trading partners and investors is a priority, and all of DSI’s steps are designed to strengthen that trust,” stated Danantara Indonesia Management in an official statement in Jakarta on Friday.
The government has established a transition period beginning on 1 June 2026, which will be evaluated periodically in accordance with applicable regulations. During this phase, Danantara noted that DSI’s primary focus is to strengthen reporting and monitoring systems through digitalisation.
Currently, DSI is developing a digital platform to analyse export transaction data for strategic natural resources, allowing indications of under-invoicing to be identified objectively and based on data. “This approach allows DSI to focus attention on transactions requiring evaluation, while the majority of legitimate transactions can proceed smoothly,” said Danantara Indonesia Management.
DSI is fully committed to maintaining the confidentiality of all commercial information and contractual terms obtained. Existing contracts may continue as long as under-invoicing is not detected. Consequently, businesses that have implemented good export practices will not face obstacles, thereby creating legal certainty and a conducive business climate.
Post-transition, DSI will prioritise its role as an intermediary, facilitating and supervising export distribution, allowing commercial relationships between producers and trading partners to remain intact. DSI believes that starting with this role is essential to prevent disruptions to the export process of strategic natural resources, while achieving the primary goal of fair, transparent trade free from under-invoicing practices.
“The execution of this role will be evaluated periodically and measurably, considering ecosystem readiness and the achievement of the intended objectives,” said Danantara Indonesia Management.
Prices for strategic natural resource commodities will be set fairly, referring to a fair, transparent, and accountable methodology for each commodity. The aim is to prevent under-invoicing and ensure that recorded export values reflect actual transactions. This methodology will consider reasonable adjustments for differences in quality, specification, logistics costs, and contract structures, ensuring price fairness is assessed in a holistic context to close loopholes for manipulation without homogenising commercially distinct transactions.
Danantara Indonesia and DSI have ensured they will continue to engage in dialogue with stakeholders to ensure DSI’s mandate is implemented consistently and without disrupting export processes. “DSI will constantly apply the principles of good governance, transparency, accountability, and integrity, using fair and measurable commercial mechanisms,” concluded Danantara Indonesia Management.