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Jakarta Post

Erick Thohir vows to create synergies between SOEs and private sector

  • Riska Rahman

    The Jakarta Post

Jakarta   /   Thu, October 24, 2019   /  04:59 pm
The Jakarta Post Image
Newly appointed State-Owned Enterprises Minister Erick Thohir awaits a photo session after the appointment of the new Cabinet at Merdeka Palace, Jakarta on Wednesday. (Antara/Wahyu Putro A)

Erick Thohir’s appointment as the new state-owned enterprises (SOEs) minister has brought new hope for cooperation between SOEs and privately owned entities in the future. During Wednesday’s handover ceremony, 49-year-old Erick said that he would strengthen synergy not only in SOEs but also in region-owned enterprises (BUMDs) and private companies. “I hope we can all create a healthy ecosystem for SOEs, BUMDs and private entities to collaborate and compete on the global stage,” he said during his speech at the SOE Ministry building in Jakarta. His intention to build a stronger relationship with private companies brings new hope for many private companies seeking to take part in the country’s infrastructure development. The son of former Astra International executive Teddy Thohir and brother of Garibaldi Thohir, president director coal mining...