Danantara to Soon Announce Board of Directors for the Sole Exporter State-Owned Enterprise
DANANTARA Indonesia will soon announce the directors who will run PT Danantara Sumber Daya Indonesia (DSI), the new state-owned enterprise prepared as the sole export conduit for several strategic commodities, such as coal and crude palm oil (CPO).
“Nanti akan diumumkan, karena kami juga harus merekrut yang bagus-bagus,” said Managing Director Stakeholders Management & Communications Danantara Indonesia, Rohan Hafas, in a press conference at Wisma Danantara, Jakarta, on Wednesday, 20 May 2026.
Rohan said Danantara currently has shortlisted candidates to become the top leaders of the new SOE. However, he said the announcement will follow synchronization and technical preparations underway across ministries in the economic sector. “Calonnya sudah ada dan pasti segera diumumkan,” he said.
Additionally, Rohan said PT DSI will not act as a seller or buyer that determines prices. He said the company will act as a supervisor of transactions to ensure trade proceeds according to market mechanisms and to prevent under invoicing or under pricing.
“PT DSI will ensure transactions run normally and prices reflect market prices. The function of this company is with the government to prevent under invoicing,” he said.
Rohan said commodity prices, such as coal and crude palm oil (CPO), already have international market references, so the trading mechanism will refer to global prices. Therefore, he believes concerns about price intervention do not need to be exaggerated.
According to him, the establishment of PT DSI aims to strengthen oversight of commodity exports and prevent leakage of state revenue due to practices of export price manipulation. Rohan claims under invoicing has been ongoing for decades and could result in potential losses to the state of around Rp 15,400 trillion since 1991.
“Over 34 years of under invoicing, when summed, it amounts to Rp 15,400 trillion, equivalent to almost Rp 5,000 trillion per year,” he said.
Currently, the government has designated only two commodities to be exported through PT DSI, namely coal and CPO.
President Prabowo Subianto stated the government will require the export of a number of strategic natural resource commodities to be conducted through a government-appointed sole exporter state-owned enterprise. The commodities to be exported under this mechanism at the initial stage include crude palm oil, coal, and ferro alloy.
In his speech at the DPR plenary regarding the Macro Economy Framework and the Core Policies of the 2027 RAPBN, Prabowo said the policy aims to strengthen export oversight while reducing under invoicing, transfer pricing, and outward remittances from exports.
“Sales of all our natural resources will begin with crude palm oil, coal, and ferro alloy; we require that sales go through a government-appointed SOE as the sole exporter,” Prabowo said.
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