Danantara uncovers export underinvoicing and seeks PFII funding

Danantara CEO Rosan Roeslani announced that the agency has successfully identified and addressed underinvoicing practices involving three strategic commodities: coal, crude palm oil (CPO), and ferroalloy. By integrating data from various ministries—including Finance, Transportation, Energy and Mineral Resources, Trade, and Agriculture—Danantara Sumberdaya Indonesia (DSI) can now monitor port locations, pricing, volumes, and destination countries. This integration has significantly reduced the gap between declared prices and prevailing index prices.

Simultaneously, Danantara is seeking capital to support the Indonesia Financial Center (PFII). While the agency is actively pursuing new investors, Rosan Roeslani noted that family offices are expected to be the primary source of funding. Significant interest has been identified from Dubai, United Arab Emirates, following discussions with the Dubai International Financial Centre (DIFC).

Per President Prabowo Subianto’s directive, the PFII will initially be located in Jakarta, with long-term plans to expand to Bali. Investors have expressed particular interest in the Bali concept due to its potential to boost local tourism through high-spending international visitors.