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BUMN That Suffered Losses Threatened To Be Closed

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Editor

31 January 2018 09:28 WIB

TEMPO.CO, Jakarta - The Parliament is looking for a way out regarding the State-Owned Enterprises (BUMN) that could not give profit anymore to the state.

Members of the House of Representatives, Bambang Haryo, said that the Commission VI or BUMN will discuss specifically the solution for companies that loses its performance.

Previously, members of Commission VI along with the Deputy of Ministry of State-Owned Enterprises of the Restructuring and Business Development Field, Aloysius K. Ro, held a Hearing Meeting (RDP) on performance.

Aloysius was accompanied by directors of PT Bahana Pembinaan Usaha Indonesia (Persero), PT Kliring Berjangka Indonesia (Persero), PT Superintending Company of Indonesia (Persero) or Sucofindo, and PT Surveyor Indonesia (Persero).

According to schedule, Commission VI will hold RDP again with five other BUMN. They are PT Perusahaan Pengelola Aset (Persero), PT Survai Air Penas (Persero), PT Iglas (Persero), PT Industri Sandang Nusantara (Persero), and PT Kertas Leces (Persero). But the RDP was postponed because it is considered that they could not explain the aspects of company performance.

“We will try to empowered the companies again, if it is not feasible enough, then it must be closed,” Bambang said.

Furthermore, Bambang will not accept if there are investors, especially foreign investors, if they are interested in giving a fund injection or acquire the losing BUMN. The parliament will look for the right scheme to find a solution for a company that is considered to be no longer visible.

The Deputy of the Ministry of State-Owned Enterprises (BUMN) Aloysius K. Ro considered that the RDP is irrelevant to the Asset Management Company, Survai Udara Penas, Iglas, Nusantara Clothing Industry, and Kertas Leces.

According to Aloysius, of the five companies, only the Asset Management Company still considered as ‘healthy’. The other four are said to be ‘sick.’ “The ‘sick’ ones cannot be asked about the performance, to make it stay alive is a hard thing to do, so I ask for time (for the RDP to be postponed),” he said.

Besides financial and operational issues, there is a sector of technological development factors that trigger the company's production continues to decline. One of them is Kertas Leces. “Globally the use of paper is getting lower,” he said.

Ministry of BUMN will look for a proper restructuring scheme for the losing BUMN. The scheme will be offered to the BUMN Commission.

Last year, the Ministry of BUMN noted that the number of BUMN that suffered losses until the first half of 2017 reached 24 companies. The number decreased from 27 companies in the first half of 2016. Until the end of 2017, it was 13 companies.

ADITYA BUDIMAN




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