BPI Danantara targets the arrangement of more than 250 state-owned enterprises to be completed by the end of July 2026. Consolidation has been underway in the financial and logistics sectors, then continued to the hospital and hospitality businesses.
BPI Danantara Rosan Roeslani conveyed this development to the President at the Presidential Palace Complex, Jakarta, Monday, July 27.
"At the end of this month, streamlining is 250, it may even reach more than 250 companies," said Rosan.
According to Rosan, consolidation has been carried out on asset management companies in the banking and financial sectors. The arrangement also includes PT Permodalan Nasional Madani and a number of companies in the logistics sector.
Danantara then accelerated the merger of state-owned companies that operate in the hospital and hospitality sectors. Rosan did not specify the names of the companies or the form of consolidation that would be taken.
During the meeting, Rosan also reported the plan to establish Danantara Housing. This program is prepared to handle apartments and houses owned by SOEs that have been completed but have not been sold.
The housing will be offered to the public with a financing scheme that is considered more attractive.
"We will hold Danantara Housing so that the public can buy it with more attractive interest rates and better payment methods," he said.
Rosan has not explained the number of houses and apartments that will be included in the program. He also has not mentioned the time of launch, interest rates, or criteria for people who can buy.
The formation of Danantara Housing is part of the discussion on the management of unproductive SOEs. The President also received a report on the restructuring of the company and the development plan for a number of business sectors under Danantara.
Rosan ensured that the formation of an airline holding was not discussed in the meeting.
"If it's not. It wasn't discussed," he said.
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