Danantara emphasises transparency in DSI governance

Danantara Indonesia Chief Operating Officer (COO) Dony Oskaria has emphasised transparency in the governance of PT Danantara Sumberdaya Indonesia (DSI), a state-owned enterprise (BUMN), regarding the export of national strategic commodities.

‘We have made it very clear that at PT Danantara Sumberdaya Indonesia, we will ensure the company operates with sound governance, transparency, and accountability,’ Dony said at a press conference in Jakarta on Sunday.

DSI has been assigned by the government to manage and oversee transactions involving strategic natural resource commodities, initially focusing on coal, crude palm oil (CPO), and ferro alloy.

DSI will operate in two phases. During the first phase from 1 June to 31 December 2026, it will act as an evaluator and intermediary between sellers and buyers of specific export commodities.

Dony highlighted the government’s prudent approach in implementing DSI, following a transition period starting Monday (1 June) until the end of this year.

‘The Coordinating Minister for Economic Affairs, Airlangga Hartarto, made it clear that the government is being prudent in implementing this programme due to a transition period of approximately seven months from 1 June to 31 December,’ Dony said.

The man, who is also the Head of the BUMN Regulatory Agency, added that transparency in DSI’s governance is crucial for its implementation to proceed according to the government’s plans and targets.

Furthermore, during the transition period until the end of 2026, Dony confirmed that DSI will engage in detailed dialogue with stakeholders, including commodity entrepreneurs.

‘We also hope that the existence of Danantara Sumberdaya Indonesia will benefit commodity entrepreneurs,’ Dony said.

‘During the six-month transition period, there will be extensive discussions, including the setting of benchmark prices, which will be discussed with the government and all industry players,’ he added.