Jakarta (ANTARA) – In stock trading in early October 2025, PT Chandra Daya Investasi (CDIA) recorded a new breakthrough in the capital market. This company was committed to being bought by investors and managed to record the largest regular transaction value.
CDIA is a large company owned by Prajogo Pangestu, one of the richest people in Indonesia and even the world. Prajogo’s success in business can be an inspiration for many people to succeed in business and achieve their goals.
To get to know him, here is the profile of PT CDIA and its owner, Prajogo Pangestu.
PT CDIA profile
PT Chandra Daya Investasi (CDI Group) is an infrastructure investment company, part of the Chandra Asia Group and Electricity Generating Public Company Limited (EGCO).
Chandra Asia Group is known as a leading provider of energy, chemical and infrastructure solutions in Southeast Asia. Meanwhile, EGCO is a Thai holding company that focuses on investments in the electricity sector.
CDI Group operates across four integrated business pillars, namely Energy, Water, Ports & Storage, and Logistics.
In the energy sector, CDI Group is an electricity supplier with a PLN interconnection network to ensure a reliable electricity supply. The company also carries out underground cable network transmission and distribution activities using redundant systems and provides various electrical services.
This energy pillar is operated by PT Krakatau Chandra Energi (KCE) which has an exclusive collaboration with the CDI Group.
In the water sector, CDI Group operates in integrated water management, covering processes from upstream to downstream, managed by PT Krakatau Tirta Industri (KTI).
For the port and storage sector, CDI Group through PT Redeco Petrolin Utama (RPU) provides port services and storage tanks for processed chemical and petroleum products.
Meanwhile, in the logistics sector, CDI Group is a pioneer in shipping and warehousing services designed to meet the future needs of the industry and customers.
CDI Group’s vision is to become the preferred infrastructure solutions company in Southeast Asia. Meanwhile, its mission is to create value through strategic partnerships and maximize corporate resources to pursue sustainable growth opportunities.
History of the PT CDIA
CDI Group was born out of strong demand for strong and sustainable infrastructure in Indonesia. This condition opens up great opportunities for the CDI Group to contribute to the development of national infrastructure.
Cilegon was chosen as an industrial center due to its strategic location on the southern coast of Java island, in the province of Banten. This area has easy access to international ports and Jakarta, thus supporting the efficiency of distribution and logistics.
Since the 1970s, Cilegon has continued to develop into a major industrial centre, supported by strong infrastructure and modern industrial plants. Today Cilegon is known as home to several industrial sectors, including chemistry, energy and steel.
The Indonesian government also plays an important role in supporting the region’s growth through infrastructure improvement policies and investment incentives. This support has succeeded in attracting many large companies, both local and international, to operate in Cilegon.
With a portfolio spanning the energy, water, ports, storage and logistics sectors, CDI Group is one of the strongest companies in the infrastructure sector.
PT CDIA owner profile
Prajogo Pangestu, or whose real name is Phang Djoen Phen, was born on May 13, 1944 in Bengkayang, West Kalimantan. He is of Hakka origin from Guangdong, China. It is known that Prajogo comes from a simple family, where his father worked as a rubber logger.
He studied at a Chinese-Indonesian school before moving to Jakarta in 1965. However, he only completed his education up to the secondary level.
Before pursuing a career in business, Prajogo worked as a public transport driver and traded in agricultural products.
In 1970 he joined the Djajanti Group, a lumber company owned by Burhan Uruy. His career rose rapidly until he became General Manager of PT Nusantara in Surabaya in 1976. However, a year later, he decided to leave the company to start his own wood business.
In 1977 Prajogo founded Barito Pacific Timber and in 1993 managed to become the largest timber company on the Jakarta Stock Exchange. Over time, it has expanded its business into the petrochemical, energy and other natural resources sectors. In 2007, the company changed its name to Barito Pacific.
In the same year, Barito Pacific acquired 70% of the shares of the petrochemical company Chandra Asri. Subsequently, Chandra Astri joined Tri Polyta Indonesia in 2011 and became the largest integrated petrochemical producer in Indonesia.
But it doesn’t end there, Prajogo is also developing a business in the renewable energy sector through its subsidiary Star Energy. Through a private Singapore company, Green Era, it acquired 33.33% of Star Energy shares from BCPG Thailand. Then make him a full owner of the company.
In 2023, Prajogo will make history again by taking his two companies, Petrindo Jaya Kreasi (coal mining) and Barito Renewables Energy, to the public market.
His figure is now successful as one of the richest people in Indonesia. According to Forbes data as of August 10, 2025, Prajogo Pangestu’s net worth has reached $45.9 billion. He occupies the 37th position in the list of world billionaires and the 2nd position in Indonesia.
The sources of Prajogo’s wealth come from various sectors, from petrochemicals, to energy, to investments he has built over decades.
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Reporter: Putri Atika Chairulia
Publisher: Alviansyah Pasaribu
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