Companies
The legal restructuring process for Kawasan Industri Indonesia is expected to be completed this year, which will allow the firm to begin its full operations in 2027.
A woman walks past the Wisma Danantara Indonesia building on May 6, 2026, on Jl. Jend. Gatot Subroto in South Jakarta. (JP/Iqro Rinaldi)
State asset fund Danantara has established a new holding firm to consolidate all state-owned industrial estates, aiming to strengthen Indonesia’s investment appeal. Danantara’s chief operating officer (COO), Dony Oskaria, revealed that the holding company, dubbed Kawasan Industri Indonesia, was established to simplify the management structure of industrial estates that had previously been “mixed” with state-owned enterprises’ (SOEs) business lines.
“This industrial estate will be one of our key assets for attracting investors,” he said on Monday, as quoted by Antara.
