Indonesian Political, Business & Finance News

Legislator: PT DSI Can Strengthen Natural Resource Management and State Revenue

| | Source: KOMPAS Translated from Indonesian | Trade
Legislator: PT DSI Can Strengthen Natural Resource Management and State Revenue
Image: KOMPAS

President Prabowo Subianto announced the establishment of a special export body for PT Danantara Sumberdaya Indonesia (DSI) during a plenary session of the House of Representatives in Jakarta on Wednesday, 20 May 2026. The body will manage the export of Indonesia’s various natural resource commodities, including palm oil, coal, and other mineral products. The government hopes PT DSI will strengthen national natural resource management and close tax payment fraud practices. According to Kawendra, all state assets and national natural resources must be maximally protected to provide economic benefits for the public. “The President has stated that there has been a revenue leak for the past 20 years. He wants this to not continue in the future for the sake of the people’s welfare,” Kawendra said in a statement on Monday, 25 May 2026. He said PT DSI’s establishment is expected to safeguard national assets and natural resources while optimising state revenue. “The key is better management. Strengthening economic governance through Indonesia’s natural resources is fundamental to achieving national self-reliance as desired,” he added. Kawendra added that improved natural resource management would also enable Indonesia to reduce dependence on foreign entities and global political dynamics. Meanwhile, the government is drafting a Government Regulation (PP) on Natural Resource Commodities Export Management via State-Owned Enterprises. PT DSI is a newly established State-Owned Enterprise (SOE) designated as the exporter of strategic natural resource commodities. Trade Minister Budi Santoso stated the government has decided that three strategic natural resource commodities must be exported through PT DSI for the time being. The three are palm oil products, coal, and ferro alloy. Although exports will be channelled through a single entity, Budi Santoso said existing export regulations will remain unchanged. The implementation of PT DSI as the sole exporter will be phased. The government has set the timeline from 1 June 2026 to three months later, ending in August 2026. PT DSI will monitor export data for palm oil, coal, and ferro alloy. Additionally, PT DSI will ensure entrepreneurs do not engage in under-invoicing or manipulating strategic commodity export data, as suspected for decades.

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