Danantara Evaluates Investment Opportunities Amid Reports of Ride-Hailing Share Acquisition

Danantara, the Investment Management Agency (BPI) Daya Anagata Nusantara, is currently evaluating various sustainable strategic investment opportunities on Saturday (2/5/2026). This step is being taken to fulfil the institution’s mandate of providing significant social and economic impacts for Indonesian society. The certainty of this investment evaluation emerged following reports that the government, through Danantara, has acquired shares in several online motorcycle taxi (ojol) applications. According to Ekonomi, this effort aims to reduce the commission rates imposed on partner drivers. The Danantara Indonesia Communications Team stated that the review process for various investment opportunities is conducted consistently to achieve the government’s long-term targets. “Danantara Indonesia continuously evaluates diverse opportunities to carry out our mandate of delivering meaningful socio-economic impacts for Indonesia,” said the Danantara Indonesia Communications Team. The investment manager also emphasised the importance of prudence in every strategic decision-making process. Assessments are conducted by considering the fundamentals and risk profiles of each investment object on the institution’s radar. “We remain disciplined in assessing opportunities based on strategic fit, fundamentals, risk-return profile, and long-term value creation, in accordance with the investment stages we have established,” said the Danantara Communications Team. Previously, Deputy Speaker of the Indonesian House of Representatives, Sufmi Dasco Ahmad, explained that government involvement in owning shares of ride-hailing applications will impact the adjustment of the companies’ internal policies. The main focus of this step is to lighten the financial burden on drivers through a reduction in application service fees. “The first thing is to lower the fees taken by the applications. Previously 20% or 10%, so the applications will only take 8% of what is collected,” said Dasco. Regarding labour regulations, Dasco mentioned that simulations regarding the employment relationship status between drivers and applications are still being developed. He also affirmed the government’s commitment to involving driver representatives in the policy formulation process. “These ojol organisations will still be consulted and involved in discussions,” said Dasco. This policy aligns with the steps taken by Indonesian President Prabowo Subianto, who has approved Presidential Regulation (Perpres) No. 27 of 2026. The regulation officially sets the maximum deduction on driver income at 8 percent. “I say here, I do not agree with 10%, it must be below 10%,” said Prabowo.