TEMPO.CO, Jakarta - State-owned Enterprises Ministry reported that it would merge state-owned enterprises (SOE) with annual revenues less than Rp1 trillion.
Deputy to State-owned Minister for Mining, Strategic Industries and Media Affairs Fajar Harry Sampurno said that those SOEs would be merged similar other SOEs.
"We are considering to make regulations on the revenues that must be obtained by state-owned enterprises,” Fajar said in Subang, West Java, as quoted by national news agency Antara on Friday.
According to Fajar, a state-owned enterprise can be categorized as ‘unhealthy’ if its revenue is less than Rp1 trillion per year. Thus, he added, such a state-owned enterprises is no longer efficient has to be merged with other state-owned enterprises.
Harry went on to say that the merger plan was in accordance with President Joko “Jokowi” Widodo’s idea of building bigger, stronger and healthier SOEs.
He further said that there are currently eight state-owned enterprises that show indications of being not healthy and are likely to be merged.
However, he declined to mention the names of those SOEs.
FERY F | MAWARDAH NUR HANIFIYANI
