TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsGovt to create two more strategic holding companies
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
State-Owned Enterprises (SOEs) Ministry (kompas.com/-)
S
tate-Owned Enterprises (SOEs) Ministry is eyeing to create two more state-owned holding companies this year operating in two strategic sectors, namely food commodities and maritime.
SOEs Ministry secretary Imam A. Putro said the establishment of the two companies would begin right after the government finalized five holding companies set to run in five sectors, namely mining, energy, financial services, property and toll roads.
In the near term, he further said, there would be at least five new state-owned holding companies this year, as they only needed to wait for the issuance of a government regulation.
"We will also initiate the establishment of holding companies on food and maritime," he said on Thursday in Jakarta as quoted by kompas.com.
He expected the new holding companies to accelerate the SOEs’ financial performance. "We expect the sector-based holding company to increase the capacity of SOEs in getting good quality financing," Imam said. (ags)
