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The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
From its implementation in 2021 until June 2023, more than $3 billion in capital has been invested by the fund, such as the $800 million into Mitratel in a partnership with the Abu Dhabi Investment Authority, the Abu Dhabi Growth Fund and the GIC.