Danantara Targets Closure of 700 State-Owned Enterprises by End of 2026

JAKARTA, KOMPAS.com - CEO of Danantara, Rosan Roeslani, stated that to enhance efficiency and productivity, the company is continuously downsizing State-Owned Enterprises (BUMN).

Roeslani mentioned that Danantara aims to accelerate the reduction of BUMN, targeting the closure of 700 BUMN by the end of 2026.

"This number will accelerate until December, so our target to achieve streamlining, God willing, of reaching 700 companies can be realized by the end of December, Mr. President," Roeslani said during a closed session of the Full Cabinet Meeting at the Palace in Jakarta on Wednesday (21/10/2026).

Roeslani explained that Danantara has already closed 364 BUMN out of a total of 1,074 companies.

He emphasized that the ongoing streamlining process aims to improve efficiency and optimize assets.

"Currently, we have streamlined or closed 364 companies," he stated.

On another note, Roeslani claimed that Danantara has seen significant growth in profit.

He predicts that Danantara's profits could reach IDR 334 trillion by the end of 2026.

"Moreover, in terms of profitability growth, there has also been a significant increase, Mr. President, aiming for a target of IDR 334 trillion by the end of this year," Roeslani added.