Brantas Abipraya to cut 29 business entities as state-owned construction reform begins
Translated from Indonesian and summarized by DistantNews. Read the original for the full story.
At a glance
- PT Brantas Abipraya is preparing to complete the streamlining of 29 business entities as part of a broader transformation of Indonesiaโs state-owned construction companies.
- The restructuring would leave the parent company and end subsidiaries considered unnecessary to the core contracting business.
- Danantara COO Dony Oskaria said the move should reduce inefficiency, strengthen governance and improve the companyโs competitiveness.
PT Brantas Abipraya is set to eliminate or reorganize 29 business entities as Indonesia begins a wider cleanup of its state-owned construction companies.
Dony Oskaria, head of BP BUMN and chief operating officer of Danantara, discussed the process with Brantas Abiprayaโs directors. He said the company would simplify its structure by retaining the parent company and ending the existence of subsidiaries no longer considered necessary for its main business.
The goal is to return Brantas Abiprayaโs attention to contracting. Dony described the restructuring as a chance to strengthen the companyโs fundamentals and urged Brantas to become one of the fastest state-owned construction firms to complete the reorganization.
Through this streamlining process, Brantas Abipraya will simplify its business structure by retaining the parent company and ending the existence of subsidiaries that are no longer considered necessary to support its core business focus.
โI hope that after this cleanup is finished, the company will truly focus on the contracting business. Brantas will be left with only the parent company, and it is among the healthiest companies,โ Dony said.
The transformation forms part of a broader agenda to reorganize state-owned construction companies. Dony said the simplified structure should reduce inefficiency, improve governance and help Brantas operate more efficiently and competitively in its core business.
I hope that after this cleanup is finished, the company will truly focus on the contracting business. Brantas will be left with only the parent company, and it is among the healthiest companies.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.