Indonesia Plans to Reduce Number of SOEs From 139 to 120 to
Bareksa • 13 Jun 2014
State Owned Enterprises Minister Dahlan Iskan. (JG Photo/Safir Makki)
It’s not as much a matter of the quantity of state-owned enterprises, but their quality.
Bareksa.com - Quote fom the Jakarta Globe, Indonesia had a total of 139 state-owned enterprises as of Jan. 1 this year, with combined assets of Rp 4,082 trillion ($345 billion). State Enterprises Minister Dahlan Iskan said on Thursday that the government planned to reduce the number of state-owned enterprises to 120.
Indonesia has close to a dozen state-owned enterprises in the plantation sector and at least six in the forestry sector. The government will continue its plans to merge several state-owned enterprises into existing holding companies, Dahlan said. “In the next two months, Sang Hyang Seri will be merged into Pupuk Indonesia.”