The Indonesian government has dissolved 77 state-owned enterprises (SOEs). How many remain?

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Cindy Mutia Annur 12/05/2022 11:50 WIB

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Between 2016 and March 2022, the number of state-owned enterprises (SOEs) decreased by 77 companies.

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The Indonesian government has dissolved 77 state-owned enterprises (SOEs). How many remain?

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Number of SOEs (2016-2022*)

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In recent years, many State-Owned Enterprises (SOEs) have been dissolved as part of a restructuring effort to improve productivity, competitiveness, and efficiency.

As a result, the number of SOEs has been shrinking annually, as shown in the graph, until only 41 companies remained as of March 2022.

In total, from 2016 to March 2022, the number of SOEs has decreased by 77 companies.

Previously, the Ministry of SOEs announced that it would dissolve 7 state-owned companies in 2022.

However, as of early May 2022, only 3 SOEs had been dissolved, namely PT Kertas Kraft Aceh, PT IGLAS, and PT Industri Sandang Nusantara.

The 4 other SOEs scheduled for dissolution this year are PT Merpati Nusantara Airlines, PT Istaka Karya, PT Kertas Leces, and PT Pengembangan Armada Niaga Nasional (PANN).

Minister of SOEs Erick Thohir stated his intention to continue the streamlining process to ensure that SOEs have healthy and strong financial and operational conditions, enabling them to compete globally despite their smaller number.

"We will push for 30 SOEs, but not now, it must continue, from 2024 plus another 10 years. We want the thirty or so SOEs to be healthy and competitive," said Erick, as reported by *Katadata.co.id*, Friday (22/4/2022).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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The Indonesian government has dissolved 77 state-owned enterprises (SOEs). How many remain?

The Indonesian government has dissolved 77 state-owned enterprises (SOEs). How many remain?

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The Indonesian government has dissolved 77 state-owned enterprises (SOEs). How many remain?

The Indonesian government has dissolved 77 state-owned enterprises (SOEs). How many remain?

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