Indonesian Political, Business & Finance News

Danantara Prepares to Announce Board of Directors for Export SOE DSI

| Source: CNBC Translated from Indonesian | Economy
Danantara Prepares to Announce Board of Directors for Export SOE DSI
Image: CNBC

The Investment Management Agency, Daya Anagata Nusantara (Danantara), is currently finalising the formation of the management team for PT Danantara Sumberdaya Indonesia (DSI), which will serve as a State-Owned Enterprise (SOE) for the export of strategic natural resources. Following the appointment of Luke Thomas Mahony as President Director of PT Danantara Sumberdaya Indonesia, Danantara is now conducting a rigorous selection process for the company’s management ranks.

COO of BPI Danantara, Dony Oskaria, stated that Danantara plans to announce the names of those who will join the management of PT DSI in the near future. He noted that the agency is implementing a strict selection process regarding the human resources that will join PT DSI. “We are also conducting a rigorous selection process regarding the human resources that will later join Danantara Sumberdaya Indonesia. This process is ongoing, and God willing, several more names will be announced by Danantara as part of the team next week,” Dony said during a press conference on Sunday (31/5/2026).

Furthermore, Danantara is developing a technological system to support DSI’s operations. This system is designed to ensure that data management and export transactions are transparent, secure, and accountable. According to Dony, the establishment of DSI is a significant mandate given to Danantara to ensure that Indonesia’s natural resources provide maximum benefits to the nation and its people. “The hope is that this is a great mandate entrusted by the Indonesian people to manage our natural resources to provide maximum benefit. Therefore, we at Danantara Indonesia will strive our best, and the implementation of this programme can be monitored by the Indonesian public,” he added.

Regarding exports through PT DSI, the government has announced that the export of strategic natural resource-based commodities through PT Danantara Sumberdayable Indonesia (DSI) will commence on 1 June 2026. In this initial phase, PT DSI will oversee the export of three commodities: coal, palm oil, and ferroalloy.

Coordinating Minister for Economic Affairs, Airlangga Hartarto, explained that the export of these three strategic commodities through PT DSI aims to strengthen export supervision and governance. “The goal is to prevent practices such as under-invoicing, transfer pricing, and the leakage of export proceeds, ensuring that recorded export values reflect the true scale of transactions. This will optimise state obligations and national revenue from export activities,” Airlangga stated during a press conference on Sunday (31/5/2026).

He further explained that these three strategic commodities contribute a total export value of US$ 66.13 billion, representing 23.4% of total national exports. These commodities have supported a trade surplus for 71 consecutive months, with coal valued at approximately US$ 24.48 billion, CPO palm oil at US$ 24.42 billion, and ferroalloy at US$ 16.49 billion.

During the transition period, companies involved in these three strategic commodities are required to report their export activities to PT DSI from 1 June 2026 to 31 December 2026. “In this reporting process, Customs will provide services via the CEISA 4.0 portal format prepared by the Directorate General of Customs. During this period, evaluations will be conducted in the first three months, which will serve as the basis for the next implementation stage. According to the prepared stages, full implementation will take effect no later than 1 January 2027,” he clarified.

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