Astra

Astra is a diversified business group operating in Indonesia with seven core businesses: Automotive; Financial Services; Heavy Equipment, Mining, Construction & Energy; Agribusiness; Infrastructure and Logistics; Information Technology; and Property. With 300 subsidiaries, associates and joint ventures, and more than 190,000 employees, it is one of the largest companies in Indonesia by market capitalisation, listed on the IDX since 1990. Astra is also renowned for its ‘Catur Dharma’ corporate philosophy that underpins its good corporate governance implementation and transformational path towards a more sustainable and resilient company. In 2022, Astra launched its Astra 2030 Sustainability Aspirations which combine its focus on climate, people, and communities. These Aspirations will guide Astra’s transition journey to become a more sustainable business by 2030 and beyond. Jardine Cycle & Carriage has a 50.1% interest in Astra.

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56 %

Market share for new motor cars

78 %

Market share for new motorcycles

190000

Employees

Automotive

Astra is one of the largest automotive groups in Indonesia. It participates in the full automotive supply chain, including manufacturing, distributing, retailing and aftersales of vehicles, the manufacturing and distributing of automotive components, as well as the developing and operating of automotive-related digital products.

Financial Services

Astra delivers a range of financial services including consumer and automotive financing, insurance, heavy equipment financing, fintech, e-money, digital ventures, venture capital, pension fund and bank. Astra through Bank Jasa Jakarta, launched a digital banking service under the brand name Bank Saqu.

Heavy Equipment, Mining, Construction & Energy

Astra provides comprehensive mining services across all stages of production and expansion. It owns a few mines and thermal power assets. Astra is also building its non-coal mineral mining portfolio, as well as investing in gold and nickel mining as well as renewable energy. Astra supplies heavy equipment and provides aftersales services. It is the sole distributor of Komatsu, UD Trucks, Scania, Bomag and Tadano heavy equipment.

Agribusiness

Astra is a leading palm oil company in Indonesia, involved in planting, harvesting, and processing palm oil. Astra has a sustainability policy includes a commitment to no deforestation, peatland conservation and respect for human rights.

Infrastructure & Logistics

Astra develops and manages a total interest in 396km of operational toll roads. This includes the Trans-Java network including Tangerang-Merak, Cikopo-Palimanan, Semarang-Solo, Jombang-Mojokerto, Surabaya-Mojokerto and Pandaan-Malang toll roads, which improves the connectivity on the island of Java. Astra also operates the Kunciran-Serpong and Kebon Jeruk-Ulujami toll roads, which make up the Jakarta Outer Ring Road.

Information Technology

Astra’s information technology business focuses on printing and digital services. It is the exclusive distributor of FUJIFILM Business Innovation in Indonesia.

Property

Astra developed several commercial and residential properties in Jakarta, such as Menara Astra, Anandamaya Residences, Asya, and The Arumaya complex. In 2023, Astra launched a residential development located at Tangerang, Ammaia Ecoforest, as well as acquired 96.9% of Jaya Mandarin Agung, which owns the site of the Mandarin Oriental Hotel in Central Jakarta.

Digital Investments

Astra has been investing in new digital businesses. In 2023, the investments included Halodoc, a healthtech online ecosystem; Sayurbox, an e-commerce grocery platform; Paxel, a technology-based logistics business, and OLX, a classifieds used car platform.

Astra

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