Jakarta – Danantara Finance Managing Director, Arief Budiman said that the presence of Danantara Indonesia as an operational holding and strategic investment machine for the country will significantly increase the productivity of State-Owned Enterprises (BUMN) assets.
“Investment must be directed to sectors that increase productivity, and that is where the importance of these investments lies,” said Arief.
He added that Danantara’s mandate is very clear, namely to be an active manager of 52 BUMNs while also directing dividends from state-owned companies to productive sectors such as energy, food, manufacturing, health, and education.
With the formation of Danantara, the approach has changed fundamentally. This holding acts as an active investor and supervisor of corporate governance, not just a passive owner.
“Danantara is not only about finance, but also brings the spirit of efficiency, accountability, and value creation. We are responsible for ensuring that every asset managed truly functions optimally, provides economic benefits, and supports national development,” Arief continued.
Danantara’s concrete steps in reorganizing BUMN asset management are also starting to be seen. One of them is through the issuance of instructions for the temporary postponement of all General Meetings of Shareholders (GMS) and corporate actions in non-public BUMN and its subsidiaries. This postponement, which is stated in letter S-027/DI-BP/V/2025, is carried out as part of the consolidation process and comprehensive evaluation of the assets and business plans of each BUMN entity.
Head of Danantara Executive Agency, Rosan P. Roeslani emphasized that this decision is a strategic step to ensure the company’s leadership selection process is stricter and based on meritocracy, while also restructuring the strategic direction of BUMN to be more in sync with the grand vision of national economic transformation.
This paradigm shift was also appreciated by business people. Head of BUMN Synergy, Danantara, and BUMD BPP HIPMI, Anthony Leong, stated that Danantara’s existence is a breath of fresh air for young entrepreneurs and MSMEs who have been involved in BUMN projects but are often hampered by weak financial management and late payments.
“Danantara’s move gives new hope. BUMN assets must be productive, not only to enlarge the institution, but also to create a healthy and equitable economic ecosystem,” said Anthony.
Meanwhile, Danantara Chief Operating Officer, Dony Oskaria emphasized that his party is building an integrated financial system that will simplify the recording and payment of debts between BUMN and to external partners so that it becomes an important foundation for increasing investor confidence and creating asset efficiency.
“We want to ensure that there are no more idle or unproductive assets. All must be productive and provide real contributions,” he stressed.
As the consolidation process is ongoing, several large SOEs such as PT Wijaya Karya (Persero) Tbk. and Bio Farma Group have expressed their readiness to adjust their business and investment plans with Danantara’s direction. ****