Danantara Reveals Scheme for Closing 750 State-Owned Enterprises
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9 Articles
The merger of Pertamina's three downstream business companies is also said to save US$1 billion in six months.
Danantara hopes to close around 750 state-owned enterprises by the end of 2026.
The Daya Anagata Nusantara Investment Management Agency (Danantara) has closed and streamlined 364 loss-making or inefficient state-owned enterprises by October 2026.
JAKARTA — Dony Oskaria, Head of BP BUMN and COO of Danantara Indonesia, stated that Danantara Indonesia is undergoing a major restructuring of the 1,074 state-owned enterprises under its management. Oskaria stated...
This streamlining step was taken to reduce inefficiencies, regulate loss-making business units, and stop overlapping portfolios between entities.
The Daya Anagata Nusantara Investment Management Agency (Danantara) reported that it had streamlined 364 companies by October 2026.
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