Andantara Guarantees Contracts for the Export of Natural Resources and Energy to Remain on Track Even though there is DSI

Head of BP BUMN and Chief Operating Officer (COO) Danantara Dony Oskaria (Photo: VOI doc)

Head of the State-Owned Enterprise Regulation Agency (BP BUMN) and Chief Operating Officer (COO) Danantara Dony Oskaria guarantees that the export contract for natural resources (SDA) will continue even though there is PT Danantara Sumberdaya Indonesia (DSI).

"We will also continue to carry out contracts that have been owned by all companies. It will run as they have," said Dony, quoted by Antara.

Dony said the contract would continue to be carried out as long as there was no practice of under-invoicing and transfer pricing.

Under invoicing is a fraudulent practice by importers or exporters who deliberately report the value or price of goods in an invoice (invoice) lower than the actual transaction value.

Transfer pricing is a policy of determining prices in transactions between companies that have special relationships (affiliations), whether in the form of goods, services, intangible assets, or funding.

"As long as it doesn't happen, namely under invoicing and transfer pricing, this (contract for the export of natural resources) runs as usual," said Dony.

Therefore, Dony asked all entrepreneurs and the public not to worry, because all contracts are running normally.

"We just make sure that until later we find a better pattern after December 31, 2026," said Dony.

Furthermore, he also revealed that the government is currently developing a digital system to ensure that all transactions of Indonesia's natural resources are carried out fairly and transparently.

Coordinating Minister for the Economy (Coordinating Minister for the Economy) Airlangga Hartarto said that natural resource exporting companies (SDA) are required to report their export activities to PT Danantara Sumberdaya Indonesia (DSI) starting June 1, 2026.

The reporting will be carried out through the Customs Excise Information System and Automation (CEISA) 4.0 platform owned by the Directorate General of Customs and Excise (Ditjen Bea Cukai) of the Ministry of Finance (Kemenkeu).

Previously, export companies were only required to report to the Directorate General of Customs and Excise of the Ministry of Finance through the platform.

Airlangga said the implementation of the new reporting mechanism in the initial stage would start with three export commodities, namely coal, ferroalloy (iron alloy), and palm oil.

The government will continue to evaluate the new mechanism in the first three months of its implementation before it will be fully implemented starting January 1, 2027.

He hopes that entrepreneurs and exporters have enough time to make adjustments within a period of six months as a transitional period for the new export reporting mechanism.