Sometime in 2000 a few of its founders and idealistic colleagues met together and decided to reactivate this organization. With mere idealism and zero financial capital, an emergency congress was convened and a new set of board was nominated under the leadership of Prof.(Emeritus) Dr.Benny H. Hoed, comprising leaders from higher education sector and book industry who began to reform the organization particularly in members criteria and in its main role and activities. Co-operations were formed with agencies and institutions, and activities were launched, mostly consisting of translation discussions and periodic newsletters publication.
Membership is no longer limited to translators who have translated books, and it also accepts those who translate documents in companies, firms and agencies.. No longer does it acquire work for its members, it focuses more to developing the quality of its members instead. The number of HPI members slowly increased.

In May 2004 the second congress of the new HPI was held. The result was additional 'fresh blood' newcomers in the board, and a growth of membership reaching up to 50 translators.

Prof.(Emeritus) Dr. Benny H. Hoed was re-elected for the 2004-2007 office term. New plans were made and agreed on, However, the organization has yet to achieve a fairly sound financial status.