President Prabowo, Rosan discuss optimizing state assets
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesian President Prabowo Subianto met with Investment Minister Rosan Roeslani to discuss optimizing state asset management.
- The meeting focused on accelerating the transformation of State-Owned Enterprises (BUMN) and strengthening new economic sectors.
- Discussions also covered consolidating BUMN entities, with a target to consolidate around 300 more from the current 1,077.
President Prabowo Subianto held a private meeting with Investment Minister and Danantara CEO Rosan Roeslani at his Kertanegara residence in Jakarta. The primary focus of their discussion was to strategize for more optimal management of state assets, aiming to maximize benefits for the public.
Cabinet Secretary Teddy Indra Wijaya explained that the meeting concentrated on accelerating the transformation of State-Owned Enterprises (BUMN) and bolstering emerging economic sectors identified as crucial drivers for future national economic growth. "In this meeting, the acceleration of BUMN transformation and the strengthening of new sectors driving national economic growth were discussed," Teddy stated.
In this meeting, the acceleration of BUMN transformation and the strengthening of new sectors driving national economic growth were discussed.
A significant point of discussion involved leveraging Danantara Indonesia to foster new economic growth opportunities. Teddy highlighted a particular focus on strengthening the tourism sector through national and international events, including sports, music concerts, and creative industries. These sectors are seen as having substantial potential to create jobs, attract investment, and significantly boost the national economy.
The meeting also addressed the ongoing consolidation and transformation of BUMN. Teddy reported that out of approximately 1,077 existing BUMN entities, 258 have been successfully consolidated. The government aims to consolidate around 300 more entities in the next phase. This consolidation effort is expected to enhance efficiency, improve governance, and reduce the financial burden on the state. The government is also looking to consolidate hundreds of BUMN entities to improve efficiency and governance.
This step is expected to increase efficiency, strengthen governance, and reduce the cost burden borne by the state.
Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.