Jakarta – Indonesia’s sovereign wealth fund, Danantara, has involved several state institutions in its program to restructure and revitalize state-owned enterprises (SOEs). The move is aimed at ensuring that the restructuring process is carried out transparently, accountably, and in full compliance with the law.
Danantara has established an SOE Streamlining Oversight Team comprising the Attorney General’s Office, the Ministry of Law, the Financial and Development Supervisory Agency (BPKP), and the Audit Board of Indonesia (BPK). The team has already held a strategic coordination meeting at Wisma Danantara with the leaders of the participating institutions.
Danantara Chief Operating Officer (COO) Dony Oskaria said the involvement of these institutions is intended to ensure that every stage of the SOE restructuring process is conducted transparently, professionally, and with strong legal certainty.
According to Dony, the government aims to manage all state-owned enterprise assets as a single integrated force rather than as separate entities. Through more integrated management, the government expects SOEs to generate greater benefits for the state, businesses, and the wider public.
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