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View all search resultsThe government, Kartika said, had assigned another state-owned construction firm, Hutama Karya, to continue the construction of the three toll roads and had given the company a capital injection of Rp 12.5 trillion (US$810.7 million).
The State-Owned Enterprises (SOEs) Ministry says it plans to request an additional Rp 25 trillion (US$1.68 billion) from state coffers this year to aid several state-run construction firms, many of which are burdened by debt.
The Business Competition Supervisory Commission (KPPU) found dozens of directors or commissioners at state-owned enterprises (SOE) held other positions in private companies in finance, insurance and mining industries.
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