Daya Anagata Nusantara (Danantara) was established to optimize the management of state owned enterprises (BUMNs). With BUMNs contributing nearly half of Indonesia’s GDP, will BUMN willingly transfer control to Danantara? For BUMN executives in the rst batch to be managed by Danantara, anxiety is rising as their positions become uncertain. A change in leadership often means changes down the line. What are the signi cant risks for Danantara? What will happen to the Ministry of BUMN? And what challenges will Danantara face amid intense political tug-of-war? by Infobank Research Bureau
Erick Thohir, Minister of State-Owned Enterprises, reported that the number of loss-making BUMNs has decreased to seven
ONE by one, the heads of major BUMNs have been summoned to the Danantara o¡ce in the Cikini area of Central Jakarta. Among those called were Sunarso and Catur B. Suharto (BRI), Ririek Adriansyah (Telkom), and Darmawan Prasodjo (PLN), along with leaders from Mandiri, Pertamina, MIND.ID, and BNI. According to Muliaman D. Hadad, the head of the Danantara Investment Management Agency, the meetings were merely introductory.
“There was nothing particularly special about it; it was just an initial communication, and we agreed to follow up on the process as soon as possible. Hopefully, this introduction will make everything more e£ective,” Muliaman D. Hadad told the media recently. “We just had casual talks today with the seven entities that will be handed over to Danantara. It was mostly about getting acquainted,” he added.
