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Govt to merge state-owned rail operator KAI with train maker INKA
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Passengers wait for an intercity train at the Pasar Senen railway station in Central Jakarta on Dec. 6, 2023. (Antara/Cahya Sari)
T
he State-Owned Enterprises (SOEs) Ministry has announced plans to merge railway operator PT Kereta Api Indonesia (KAI) with train manufacturer PT Industri Kereta Api (INKA) next year.
SOEs Minister Erick Thohir said the plan was part of the ministry’s efforts to streamline SOEs, so that their total number could be slashed from 47 companies to 30.
“One of the [aspects] is how INKA and KAI could [operate] under one umbrella,” he said in Jakarta on Tuesday, as reported by CNBC Indonesia.
He added that the SOEs Ministry was reviewing the proposal and that he hoped the plan could materialize in 2025: “If possible, [it will be implemented] next year.”
Erick said that once the SOEs Ministry had finished its review, the proposal would be processed by the Finance Ministry.
“We will propose [the plan] to [the Finance Ministry], and I have explained to many parties that the SOEs' synchronization could be [improved],” Erick added.
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