JAKARTA (ISL News) - Seven State-Owned Enterprises (BUMN) in the logistics sector have officially merged into one entity through the signing of a Shareholder Agreement (SHA) and a Deed of Consolidation Merger.
The seven logistics companies are Pelindo Sinergi Lokaseva Multi Terminal Indonesia, Pelindo Sinergi Lokaseva Prima Indonesia Logistik, Pos Logistics, Pelni Logistics, PT Kawasan Berikat Nusantara (KBN), PT Varia Usaha Dharma Segara (VUDS), and Krakatau Integrated Logistics.
According to the Executive Director of the National Maritime Institute (Namarin), Siswanto Rusdi, the merger of state-owned logistics companies is considered not to have addressed the existing problems.
"The consolidated companies are mid-sized entities. If they are merged into PT Pos Indonesia in the second phase, the holding company's share of the national logistics business will still increase," Siswanto said in Jakarta on Wednesday, July 1, 2026.
He continued, explaining that several logistics companies that are subsidiaries or subsidiaries of Pertamina and PLN have not yet been included in the consolidation. Yet, Siswanto emphasized, logistics companies within those two state-owned enterprises account for a significant portion of the company's revenue.
"State-owned companies with massive logistics activities, such as Pertamina and PLN, also have unconsolidated logistics business wings to some extent," he concluded.
Previously, Daud Joseph, Chairman of the Steering Committee of the State-Owned Logistics Consolidation PMO, stated that PT Multi Terminal Indonesia, as the surviving entity, would serve as a platform for the seven companies during the transition period.
"So, it's called a surviving entity, or one entity that survives. So, the surviving entity that will survive is PT Multiterminal Indonesia," said Daud.
During the transition period, the companies involved in the merger will undergo an integration process from the operational, legal, financial, and governance aspects before entering the final transaction stage.
Furthermore, Daud said the merger of seven state-owned enterprises in the logistics sector was the first step in national logistics consolidation by Danantara Asset Management to build a more efficient and integrated logistics ecosystem in Indonesia.
"This aligns with the government's vision and mission to improve the effectiveness and efficiency of logistics processes in this country. From the state-owned enterprise (SOE) perspective, Danantara wants these seven companies to merge, and this has begun today," said Daud.
(ISL News Editorial Team/Namarin Public Relations).
