Indonesian Political, Business & Finance News

Danantara to Merge 7 State-Owned Logistics Firms, Why?

| Source: CNBC Translated from Indonesian | Economy
Danantara to Merge 7 State-Owned Logistics Firms, Why?
Image: CNBC

The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) has merged seven state-owned enterprises (SOEs) within the logistics sector. The merger was formalised through the signing of a Shareholders Agreement (SHA) and the Deed of Merger on Tuesday (30/06/2026).

The seven companies involved in this consolidation include Pelindo Sinergi Lokaseva Multiterminal Indonesia, Pelindo Sinergi Lokaseva Prima Indonesia Logistik, Pos Logistics, Pelni Logistics, PT Kawasan Berikat Nusantara (KBN), PT Varia Usaha Dharma Segara (VUDS), and Krakatau Integrated Logistics.

Aurelius Altius Rosimin, Senior Director of Corporate Strategy at PT Danantara Asset Management (DAM), stated that this corporate move represents a significant milestone in the implementation of the National Logistics SOE Consolidation initiated by Danantara Asset Management (DAM).

According to him, this consolidation is part of DAM’s portfolio transformation strategy to support the 2025-2045 National Long-Term Development Plan (RPJPN) and the Government’s Asta Cita programme.

“This merger aims to reduce entity fragmentation, optimise business scale, and eliminate overlapping services that have previously hindered the efficiency of state-owned logistics,” he said in an official statement, quoted on Thursday (02/07).

The merger of these seven logistics SOEs aims to build an integrated ecosystem from upstream to downstream. By uniting the strengths of these entities, the consolidation is expected to expand business scale, increase operational efficiency, and reduce functional duplication and costs.

This move is targeted at strengthening the competitiveness of national logistics services, while simultaneously reducing Indonesia’s logistics costs, which currently remain above the ASEAN average.

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