Indonesian Political, Business & Finance News

Export-Focused State-Owned Enterprise Formed, DPR Member Urges Optimisation of Trade Profits

| | Source: KOMPAS Translated from Indonesian | Trade
Export-Focused State-Owned Enterprise Formed, DPR Member Urges Optimisation of Trade Profits
Image: KOMPAS

An export-focused state-owned enterprise named PT Danantara Sumber Daya Indonesia has been formed to push optimised gains from Indonesia’s trade in natural resources, according to Ahmad Labib, a member of Commission VI of the DPR. He said the presence of such an export-specialised SOE is a strategic government move to strengthen the governance of natural resource trade in Indonesia.

‘The existence of a state-owned company that functions as an aggregator and manager of strategic SDA export trade is expected to boost optimisation of trade profits for the national revenue,’ Labib said in a statement on Thursday (21 May 2026).

From underpricing practices, weak control of the international supply chain, leakage of export earnings, to Indonesia’s low bargaining position in global markets, all these factors have caused the country not to maximally derive added value from its national wealth.

‘The formation of an export-focused state-owned enterprise under Danantara could be one of the strategic steps to reinforce the domestic trade system,’ Labib added.

Through a one-gate export mechanism, the export of several commodities such as coal, crude palm oil (CPO), nickel, and ferro alloy is expected to operate within a more integrated and coordinated national trade system.

According to him, the trading scheme has the potential to strengthen Indonesia’s bargaining position in setting export price benchmarks.

In addition, the model is also seen as capable of curbing price manipulation practices that have long harmed the country.

On the other hand, synchronisation of tax data and international transactions is also expected to become more transparent and accountable.

‘To date, Indonesia has often found itself in a price-taker position because the export system is fragmented. If strategic export trade can be integrated through a stronger national mechanism, the opportunities to increase trading leverage, maintain market stability, and minimise under-invoicing practices will grow,’ the Golkar politician said.

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