Flooring Guide by Cinvex – JAKARTA — The Danantara Investment Management Agency (BPI Danantara) has officially confirmed that it remains committed to a disciplined evaluation process when assessing potential investment opportunities. This clarification comes amidst growing speculation regarding the sovereign wealth fund’s reported acquisition of shares in ride-hailing companies.
The reports were initially sparked by comments from Deputy Speaker of the Indonesian House of Representatives (DPR RI), Sufmi Dasco Ahmad. He claimed that the government, through Danantara, had purchased shares in ride-hailing platforms to fulfill President Prabowo Subianto’s instruction to cap driver commission fees at 8%.
Responding to these reports, the Danantara Communications Team stated on Saturday (5/2/2026), “Danantara Indonesia continuously evaluates various opportunities to fulfill our mandate of delivering meaningful socio-economic impact for Indonesia.”
Related: Analysts Weigh In on Danantara Becoming a Shareholder in Ride-Hailing Apps
Danantara emphasized that its investment strategy remains strictly grounded in rigorous criteria. The agency maintains a disciplined approach by assessing opportunities based on strategic fit, fundamental analysis, risk-return profiles, and long-term value creation, adhering to established investment phases.
“We remain disciplined in evaluating opportunities based on strategic alignment, fundamentals, risk-return profiles, and long-term value creation, in accordance with the investment stages we have set,” the agency reiterated.
Related: Danantara CTO and President Prabowo Discuss Economic Programs and Education
Previously, Sufmi Dasco Ahmad indicated that by acquiring stakes in these platforms, the government intends to steadily overhaul the operational systems and policies of ride-hailing companies. The primary objective, he noted, is to provide financial relief to drivers by reducing the commission rates taken by these platforms.
Related: Dasco: Danantara Acquires Ride-Hailing Shares to Lower Commission Fees to 8%
“The priority is to lower the fees taken by the platforms. Previously, it was 20% or 10%; with this move, the platforms will only be allowed to collect 8% of the total revenue,” Dasco explained.
Regarding the employment status of ride-hailing drivers, Dasco mentioned that potential models are still being simulated. He assured that organizations representing the drivers will be actively involved in the policy-making process to ensure their voices are heard.
“The drivers’ organizations will certainly be invited to talk and consult on these matters,” Dasco added.
This initiative aligns with recent government action, as President Prabowo Subianto has signed Presidential Regulation (Perpres) Number 27 of 2026. The regulation is designed to cap the commissions charged by ride-hailing companies at 8%. Expressing his firm stance on the issue, President Prabowo stated, “I will say it here: I do not agree with 10%; it must be below 10%.”
Summary
The Danantara Investment Management Agency (BPI Danantara) has officially clarified its investment approach following rumors that it acquired shares in ride-hailing companies to influence commission fees. The agency emphasized that all potential investments undergo a rigorous evaluation process focused on strategic alignment, fundamental analysis, and long-term value creation. It maintained that its actions remain strictly disciplined and adhere to established investment mandates.
The speculation originated from comments by Deputy Speaker Sufmi Dasco Ahmad, who suggested that the government acquired these stakes to support President Prabowo Subianto’s goal of capping driver commission fees at 8%. This policy goal is supported by Presidential Regulation Number 27 of 2026, which aims to provide financial relief to drivers. The government intends to continue consulting with driver organizations to refine operational systems and ensure their interests are represented.