Indonesia’s sovereign wealth fund, Danantara, and the State-Owned Enterprises Management Agency (BP BUMN) have finalized a five-year roadmap designed to transform state-owned enterprises (SOEs). The plan aims to improve the efficiency, competitiveness, and contribution of SOEs to the national economy. Key initiatives involve restructuring, consolidation, and strategic partnerships. This collaborative effort seeks to address long-standing issues within the SOE sector, enhancing their corporate governance and financial performance. The roadmap prioritizes investment in key sectors and technological advancements. Ultimately, the transformation is intended to support Indonesia’s broader economic development goals and attract further foreign investment. The initiative signifies a strong commitment to modernizing and optimizing Indonesia’s state-owned assets.