167 State-Owned Enterprises Liquidated in Indonesia

Indonesia is undertaking a significant overhaul of its state-owned enterprises (BUMN) to foster greater efficiency and competitiveness. As of April 28, 2026, a total of 167 BUMN have been liquidated, a crucial step in the government's ambitious plan to streamline operations. This initiative, spearheaded by President Prabowo Subianto, aims to reduce the number of BUMN from 1,077 to a more manageable 200-300 companies by the end of 2026. The process involves not only liquidation of non-viable entities but also strategic divestment, consolidation, and restructuring across various sectors. For instance, companies in logistics, healthcare, and hospitality are being merged to achieve economies of scale, while smaller, non-core businesses, such as travel agencies owned by energy BUMN, are being divested. This comprehensive transformation reflects a determined effort to modernize Indonesia's state-owned sector, making it more agile and globally competitive. The shift from 'BUMN synergy' to mandatory collaboration further emphasizes the seriousness of this restructuring, supported by the establishment of the Danantara Sovereign Wealth Fund to consolidate national assets.

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Total yang sudah dilikuidasi itu kurang lebih sampai dengan hari ini sudah sekitar 167 perusahaan