HomeBusinessIndonesia Plans Massive Consolidation of State-Owned Enterpr
Business

Indonesia Plans Massive Consolidation of State-Owned Enterprises

Indonesia intends to slash its labyrinthine network of over 1,000 state-owned enterprises down to just 300 within the next few years. Rani Piputri, head of public investment at Danantara Investment Management, outlined the strategy at the Reuters NEXT Asia event in Singapore, signaling a major shift in how the nation manages its economic assets.

Indonesia Plans Massive Consolidation of State-Owned Enterprises

This aggressive consolidation drive aims to sharpen the performance and value delivery of the state’s critical economic pillars. By streamlining operations and enforcing stricter corporate governance, the government expects to see a measurable boost in national investment returns and overall economic efficiency. The move represents a departure from previous management models, focusing instead on creating a leaner, more responsive portfolio of entities capable of competing in the broader market.

Comments (0)

Leave a comment

No comments yet. Be the first!