9 Strategic State-Owned Enterprise Projects Targeted to be Completed Before Changing President

9 Proyek Strategis BUMN yang Ditarget Rampung Sebelum Ganti Presiden

9 Strategic State-Owned Enterprises Projects Targeted to be Completed Before Presidential Transition

Dream - The Ministry of State-Owned Enterprises still has 9 strategic projects that must be completed before October 2024. The Ministry of State-Owned Enterprises itself has set 88 strategic projects that need to be achieved from 2019 to 2024. It is noted that the ministry, led by Erick Thohir, has completed 79 projects.

Special Staff to the Minister of State-Owned Enterprises, Arya Sinulingga, mentioned several projects that are targeted for completion this year, including:

9 Strategic State-Owned Enterprise Projects Targeted to be Completed Before Changing President

"9 Unfinished State-Owned Enterprise Projects"

"Starting from the Special Economic Zone (SEZ) of Sanur, Bali, which is a special area for health tourism in Indonesia. 'The Sanur Special Economic Zone, right, the hotel has been officially inaugurated, just waiting for the hospital. Maybe in the early months of the second semester it will be operational,' said Arya quoted from Liputan6.com, Friday, February 23, 2024."

Refocusing, State-Owned Enterprises Reorganization

Then, refocusing and reorganization of state-owned enterprises in the food sector. This is packaged in the improvement of the State-Owned Enterprises Food Holding, ID Food. The companies that are targeted for refocusing and reorganization are Sang Hyang Seri and Perikanan Indonesia (Perindo).

"Energy Sector Transition"

Next, the transition of the energy sector from coal to new renewable energy (EBT). This refers to efforts to reduce the use of Steam Power Plants (PLTU) in the operational environment of state-owned enterprises.

"Financial recovery (state-owned pharmaceutical companies), hopefully this will also be resolved easily. Recently, Tanjung Benoa too, hopefully the early second semester will also be completed," he explained. The Tanjung Benoa referred to is the renovation of Benoa Harbor. The hope is that the place can become the center of maritime tourism in Bali. The development will target cruise ships and tourist boats (yachts) to dock in Bali."

"Bank Corporation"

"Furthermore, the corporate action process of PT Bank Syariah Indonesia Tbk or BSI. There are at least 2 options in the plan for divesting shares in the company with stock code BRIS."

Arya explained, both options are the entry of strategic investors or the release of a portion of shares held by BRI and BNI to the public.

Then, another strategic project that is being pursued is the revitalization and integration of state-owned construction companies. He said, the process takes time. However, at least some initial stages have already begun this year.

"Strengthening and integration of State-Owned Enterprises (BUMN) Karya. Well, that takes time, but that's just the initial stage, it will be achieved. It means, the progress has started to become visible," he explained. "It will be finished, from 88 projects, only 9 projects are left. Hopefully, it will be completed by October, October will be the completion," Arya concluded.

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