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Government Encourages Danantara to Strengthen SOE Governance in a Transparent Manner

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Jakarta – President of the Republic of Indonesia, Prabowo Subianto, held a strategic meeting with the Minister of Investment and Downstream who also serves as the Head of the Danantara Investment Management Agency (BPI), Rosan Roeslani. The discussion focused on determining the strategic direction of State-Owned Enterprises (BUMN) investment and efforts to strengthen governance in various national projects that are the government’s priorities.

In his explanation, Rosan revealed that President Prabowo gave firm direction regarding the importance of implementing the principles of transparency and accountability in all investment activities carried out by Danantara.

“The main focus is on governance, transparency, openness, and accountability,” said Rosan.

These principles are considered crucial so that investment fund management can run effectively and can be clearly accounted for to the public. Rosan added that the directive applies to all investment sectors, from product downstreaming to the development of environmentally friendly energy which is the focus of national development.

The President also reminded that BUMN should not only function as a business entity, but also be the main driver in creating sustainable jobs.

“It is emphasized that this BUMN must become better and become a driving force,” he added.

To ensure optimal investment, Danantara will strengthen the internal team structure and open up collaboration opportunities with experts from various disciplines.

“We will form a solid team, while also opening opportunities for the necessary experts,” explained Rosan.

This effort aims to ensure that public funds are managed in accordance with professional and accountable governance standards.

In addition, Rosan said that a number of Danantara’s strategic projects have now passed the stage of comprehensive evaluation or due diligence from the legal, financial, administrative, and technological aspects, and are entering the finalization process.

“A number of strategic projects have gone through the due diligence process and are currently in the finalization stage,” he said.

Danantara’s commitment also includes transparency of information to the public regarding the investment portfolio.

“We will also be open to the public about what investments we make,” Rosan emphasized.

He emphasized that the entire investment process carried out had followed the applicable regulations comprehensively.

“The most important thing is that we have carried out this process correctly, thoroughly, and in accordance with applicable regulations,” he said.

This directive from President Prabowo emphasizes the importance of transparent and accountable governance to improve the performance of SOEs and support sustainable national economic growth.

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