The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) has completed the consolidation of state-owned enterprises (SOEs) under its new holding entity, Danantara Indonesia. 

Chief Executive Officer Rosan Roeslani announced that a total of 844 parent companies and subsidiaries have officially joined Danantara. He emphasized that this consolidation follows directives from Indonesian President Prabowo Subianto and aligns with the mandate of Article 33 of the 1945 Constitution, which promotes a collective economic system based on the principle of mutual cooperation.

“Danantara's presence truly comes at the perfect time,” Rosan said on Monday, April 28, 2025.

He cited that Danantara’s establishment is a strategic response to current global volatility. He highlighted the ongoing political, geopolitical, and geo-economic tensions, which have prompted many nations to reevaluate their dependency on external economic powers.

According to him, the global situation has awakened many countries to the reality that relying solely on foreign economic forces is no longer viable. He emphasized that every nation, including Indonesia, must build on the strength of its own economy.

Rosan reiterated that the national economy should be structured as a collective endeavor grounded in kinship values. While he acknowledged the importance of market mechanisms, he also defended the government's right to intervene when markets stray from national interests and long-term development goals.

“These are state-owned enterprises − or more accurately, national-owned enterprises,” he said.

He noted that Danantara exists for the people and expressed hope that Indonesia would become a stronger and more self-reliant nation. To achieve this, Rosan stressed that both Danantara and all BUMNs must adhere to the “3Cs”, namely Character, Competence, and Commitment.

Regarding character, he asserted that SOE leaders must demonstrate integrity and professionalism, guided by the values of Pancasila and the 1945 Constitution.

The second "C", competence, requires leaders to be skilled in expanding domestic business and adept at confronting various challenges. He urged SOE executives to continuously improve their organizations to boost competence.

Rosan also highlighted the importance of commitment − especially to uphold good governance, transparency, accountability, and integrity. This includes full compliance with prevailing laws and regulations.

“With the 3cs, I believe all SOEs under Danantara will grow faster,” he said, adding that Danantara maintains zero tolerance for any unethical behavior.

“Hopefully, Danantara’s presence − through this new chapter with the SOEs − can deliver immense and positive value not just for Indonesia’s economy, but for the people, the nation, and the beloved homeland,” Rosan concluded.