Danantara export body launches with future role still hazy
The commercial plan is still being evaluated, says the head of PT Danantara Sumber Daya Indonesia (DSI), the newly established company to track commodity exports from Indonesia.
The export-focused arm of Indonesia's state asset fund, Danantara, has launched a new company named PT Danantara Sumber Daya Indonesia (DSI) to enhance government oversight over key commodity exports. DSI, established alongside Danantara, is evaluating its commercial plan, which includes becoming an intermediary in exports of coal, palm oil, and ferroalloys.
CEO Luke Mahony stated that DSI is integrating systems across ministries and agencies to monitor natural resource and energy exports, analyzing data to uncover inconsistencies and anomalies. The company will serve as a middleman in the export process, maintaining the relationship between current buyers and sellers. DSI's board of directors, including Tony Wenas from PT Freeport Indonesia and Mari Elka Pangestu, the presidential envoy for international trade, was unveiled at the launch ceremony. The future roles of DSI in commodity exports remain uncertain.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
