Danantara Indonesia
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Corporate Governance

Legal Basis for the Establishment, Duties, and Authority of BPI Danantara

BPI Danantara is tasked with managing State-Owned Enterprises (BUMN), with the following authorities:

01.
Manage dividends from Investment Holding, Operational Holding, and BUMN in accordance with the shareholding held
02.
Approve the increase and/or decrease of capital participation in BUMN sourced from dividend management
03.
Establish Investment Holding and Operational Holding entities
04.
Approve proposals for asset write-offs and/or debt write-offs of BUMN assets proposed by the Investment Holding or Operational Holding
05.
Provide loans, receive loans, and pledge assets with the President's approval
06.
Act as guarantor for the Investment Holding with the approval of the Board of Supervisors
07.
Ratify and consult with the relevant DPR RI (House of Representatives) body overseeing BUMN regarding the work plans and budgets of the Investment Holding and Operational Holding companies
08.
Establish strategic guidelines/policies in the fields of accounting and finance; development and investment; operations and procurement of goods and/or services; information technology; human resources; risk management and internal oversight; law and compliance; social and environmental responsibility programs; and environmental, social, and governance (ESG) programs

Laws

PDF

Law Number 19 of 2003 concerning State-Owned Enterprises.

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Law Number 6 of 2023 concerning the Stipulation of Government Regulation in Lieu of Law Number 2 of 2022 concerning Job Creation into Law.

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Law Number 1 of 2025 concerning the Third Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.

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Law Number 16 of 2025 concerning the Fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.

Government Regulations

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Government Regulation Number 10 of 2025 concerning the Organization and Governance of the Daya Anagata Nusantara Investment Management Agency.

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Government Regulation Number 19 of 2026 concerning Amendments to Government Regulation Number 10 of 2025 concerning the Organization and Governance of the Daya Anagata Investment Management Agency.

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Government Regulation Number 34 of 2025 concerning Procedures for Asset Management of the Daya Anagata Nusantara Investment Management Agency.