The Bakrie Group is an Indonesian conglomerate founded by Achmad Bakrie in 1942.
It has interests across various industries including mining, oil and gas, property development, infrastructure, plantations, media and telecommunications.
The group is one of the largest business groups in Indonesia, with 10 companies listed on the Indonesia Stock Exchange.
In 2013 its main subsidiary Bumi Resources was beset by a host of difficulties, including the discovery of US$201 million in financial irregularities, as well as regulatory problems.It is headed by Nirwan D.
Bakrie (Chairman) and Indra U.
Bakrie (Co-Chairman).
Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group.
The company has under its management around 100,000 ha of oil palm and rubber plantations.
BSP has extensive landbanks.
One of its directors is Bungaran Saragih, a former minister of agriculture.
It operates or used to operate on peatlands.