Danantara Says New Natural Resources Agency Aims to Boost Export Transparency
Jakarta. Danantara Indonesia Chief Executive Officer Rosan Roeslani said on Wednesday that a newly established agency under the sovereign wealth fund aimed at overseeing Indonesia’s natural resource exports is intended to improve transparency rather than restrict trade.
Under the policy, all exporters of Indonesian natural resources will be required to report transaction data to the agency starting next month through December 2026.
Rosan, who also serves as Indonesia’s investment minister, said the newly established entity, PT Danantara Sumber Daya Indonesia, will be responsible for overseeing governance in natural resource exports and monitoring the value of national commodity exports.
“We at Danantara were asked to follow up on this assignment, and we are carrying it out in accordance with the government regulations provided. This body will take the form of a state-owned enterprise,” Rosan said at the Parliament complex in Jakarta.
“Therefore, we have established an entity called PT Danantara Sumber Daya Indonesia, and we want to emphasize that this is primarily about transaction transparency,” he added.
According to Rosan, authorities have identified cases of under-invoicing, in which exporters declare commodity values below actual market prices.
The practice is believed to have contributed to leakage in export revenues and weakened transparency in Indonesia’s natural resource trade.
During the initial phase, exporters will be required to submit transaction data for evaluation and comparison against global market prices.
The new state-owned company will later oversee whether export prices declared by companies are aligned with international commodity benchmarks.
Rosan stressed that the system is intended to create greater certainty and openness for all market participants, including both buyers and sellers.
“Our presence is actually meant to bring greater transparency to all parties, both buyers and sellers, in line with prevailing market prices,” he said.
He also said findings from the Ministry of Finance indicated that under-invoicing practices had persisted for years across several strategic natural resource commodities.
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