Danantara: Holding Company to Launch Soon to Accelerate Investment
Jakarta – The Daya Anagata Nusantara Investment Management Agency (BPI), or Danantara, as the entity tasked with professionally managing the country’s investment portfolio, has affirmed its commitment to accelerating the formation of a state-owned enterprise holding company. The establishment of this investment holding company is mandated by Law Number 1 of 2025 concerning State-Owned Enterprises. This regulation establishes a new structure for managing state assets through two main entities under Danantara: an investment holding company and an operational holding company.
According to Article 3A of the State-Owned Enterprises Law, authority over both holding companies rests with the Minister of State-Owned Enterprises as the holder of Series A Dwiwarna shares, and Danantara as the holder of Series B shares.
Article 3AB, meanwhile, states that the investment holding company will take the form of a limited liability company with a strategic mandate to manage state investments, empower assets, and carry out government assignments.
“The SOE has been appointed, it already exists. We will announce it to the public later. This year, it will be easy,” said Danantara’s Chief Investment Officer (CIO), Pandu Sjahrir.
This strategic step is considered a crucial element in accelerating national investment and improving the efficiency of state asset management.
The establishment of a holding company is not simply an administrative merger of state-owned companies under one umbrella. More than that, this initiative represents a structural transformation aimed at consolidating the country’s business strength to be more focused, directed, and able to create significant added value for the national economy.
Through a holding company, various state-owned enterprises (SOEs) with similar business sectors or those with similar strategic objectives will be grouped under one entity, allowing for more integrated decision-making and asset management processes.
Danantara believes that the speed in establishing and operating a holding company will be key to creating greater investment appeal. With a streamlined and efficient holding company structure, investors will more easily assess the business potential of SOEs and minimize the risks associated with fragmented ownership and governance structures, which have historically been a barrier.
Previously, Mukhamad Misbakhun, Chairman of Commission XI of the House of Representatives (DPR), revealed that the relevant SOEs have begun taking on new roles in the investment sector as part of institutional restructuring. This structure is also projected to become the foundation for more professional and strategic long-term investment governance.
“The government, through Danantara, is targeting efficiency, transparency, and increased added value of state assets through the establishment of this holding company,” said Misbakhun.
The policy of accelerating the establishment of this holding company is also in line with the direction of national development, which emphasizes the role of the investment sector in creating inclusive and sustainable growth. Strong and targeted investment is the foundation for job creation, increasing domestic production capacity, and strengthening national economic resilience in the face of global dynamics.
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