COO Danantara Says Debt Settlement Of Badminton Is Not Necessarily Using The State Budget

JAKARTA - Danantara's Chief Operation Officer (COO) Dony Oskaria said that recently there have been many views regarding whether or not the State Revenue and Expenditure Budget (APBN) needs to be injected in the settlement of the loan for thelush high-speed train.

In fact, continued Dony, the solution to the solution to the debt settlement of thefeedingsh high-speed rail project is still being studied and there has been no final decision.

"In my opinion, we are trapped in the same way, yes, the debate (using the state budget or not)," he told reporters in Jakarta, Thursday, October 23.

Currently, said Dony, Danantara as the manager and negotiating team for the restructuring of the railway fast train is still looking for the best option. In fact, one option is completion without an injection of the state budget.

In my opinion, we will actually look for the best option, not necessarily use it (APBN) and we just follow directions from the government. After all, Danantara is actually, the most important thing is how it operates (speed trains)," he explained.

Previously, the Minister of Finance, Purbaya Yudhi Sadewa, the government, would not bear part of the debt from the Jakarta Fast Train Project "Bandung" which was run by PT Kereta Cepat Indonesia "China (KCIC).

According to Purbaya, the responsibility for repaying debt should be under the Anagata Nusantara Resources Investment Management Agency (BPI Danantara), which oversees a number of SOEs, including PT Kereta Api Indonesia (Persero) as KCIC's shareholder.

"What is clear is that I have not been contacted regarding this issue. But KCIC is now under the Danantara, right? If it is under Danantara, they should already have their own management, their own dividends," he said in the Media Gathering of the 2026 State Budget, Friday, October 10.

He explained, Danantara currently manages dividends of around Rp. 80 trillion per year. With such a large fund, according to him, the resources of the Sovereign Wealth Fund (SWF) Indonesia should be sufficient to solve the debt financing problem for the high-speed rail project, without having to use funds from the state budget.

"If they are under Danantara, they already have their own management, already have their own dividends, which on average a year can reach Rp80 trillion or more. They should be able to manage the debt of the Jakarta Fast Train Project "Bandung from there," he said.