Indonesian Political, Business & Finance News

Government Establishes PT Danantara Sumberdaya Indonesia to Reform Natural Resource Exports

| | Source: BATUAHNEWS.ID Translated from Indonesian | Regulation
Government Establishes PT Danantara Sumberdaya Indonesia to Reform Natural Resource Exports
Image: BATUAHNEWS.ID

The government has established a new state-owned enterprise named PT Danantara Sumberdaya Indonesia to strengthen governance and transparency in the export of national natural resource commodities. The formation, reported by Money, is intended to curb trade malpractice.

Investment Minister and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani announced the preparations at a press conference at the Parliament Complex on Wednesday (20 May 2026). The entity will operate under the auspices of the Danantara Investment Management Agency.

‘The national platform for Indonesia’s natural resource export governance adopts the concept ’one platform, multiple benefit’,’ said Rosan Roeslani. ‘The world is happy, Indonesians are happier.’

This step follows a newly issued regulation from President Prabowo Subianto regarding the management of commodity exports. Strong action is required because the government has identified losses to the state due to price manipulation and misreporting of exports.

The initial mechanism will require exporters to submit comprehensive reports on volume, value, and price of commodities for the period June to December 2026.

‘And of course we will see whether the values stated reflect fair value in accordance with the market index used worldwide,’ said Rosan Roeslani.

The government assures that the establishment of this platform is not meant to complicate matters but to create a fair trading environment for all parties involved.

‘Rather, our existence brings transparency to all parties, from buyers to sellers, in line with existing market prices,’ added Rosan Roeslani.

Coordinating Minister for Economic Affairs Airlangga Hartarto said the export regulation will target all commodities gradually, starting with coal, palm oil, and ferro alloys.

‘The roll-out will be phased to allow adjustments to the change in the export transaction process between exporters and buyers abroad,’ Airlangga Hartarto said.

During a three-month transition, private enterprises will still be allowed to transact directly with buyers even as documentation is shifted to the state-owned export enterprise.

‘This will apply for three months and we will evaluate in three months,’ said Airlangga Hartarto.

A full system will be implemented after the government completes the trial period, planned for 1 September 2026, he stressed.

To support the policy, a digital system is being prepared to monitor export movements in real time. Digital monitoring is expected to close revenue leakage estimated at Rp15,400 trillion.

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