{"id":328222,"date":"2026-09-04T09:55:20","date_gmt":"2026-09-04T02:55:20","guid":{"rendered":"https:\/\/setkab.go.id\/?p=328222"},"modified":"2026-09-07T14:57:52","modified_gmt":"2026-09-07T07:57:52","slug":"govt-to-accelerate-downstreaming-soe-restructuring","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/","title":{"rendered":"Gov\u2019t to Accelerate Downstreaming, SOE Restructuring"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-328224\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2026\/09\/Govt-to-Accelerate-Downstreaming-SOE-Restructuring.png\" alt=\"\" width=\"454\" height=\"327\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2026\/09\/Govt-to-Accelerate-Downstreaming-SOE-Restructuring.png 454w, https:\/\/setkab.go.id\/wp-content\/uploads\/2026\/09\/Govt-to-Accelerate-Downstreaming-SOE-Restructuring-300x216.png 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2026\/09\/Govt-to-Accelerate-Downstreaming-SOE-Restructuring-319x230.png 319w\" sizes=\"auto, (max-width: 454px) 100vw, 454px\" \/><\/p>\n<p style=\"text-align: justify\">The Government is set to accelerate downstreaming and the restructuring of state-owned enterprises (SOEs).<\/p>\n<p style=\"text-align: justify\">Cabinet Secretary Teddy Indra Wijaya made the statement following President Prabowo Subianto\u2019s meeting with Minister of Energy and Mineral Resources Bahlil Lahadalia and the executives of sovereign wealth fund Danantara at his private residence in Hambalang, Bogor regency, West Java province, on Friday (09\/04).<\/p>\n<p style=\"text-align: justify\">\u201cAccelerating downstreaming is a strategic agenda to increase added value to domestic natural resources, strengthen investment, and maximize economic benefits for Indonesia,\u201d Teddy said in his written statement.<\/p>\n<p style=\"text-align: justify\">According to Teddy, the meeting also discussed the follow-up on SOE restructuring and downsizing. As of today, 290 SOEs have been closed, saving budgets of up to Rp50 trillion.<\/p>\n<p style=\"text-align: justify\">The consolidation is set to continue, targeting the closure of at least 700 SOEs as of the end of December 2026 to streamline SEO structures. This restructuring is projected to save budgets of Rp100 trillion.<\/p>\n<p style=\"text-align: justify\">\u201cThe President underscored the importance of restructuring SOEs in a measurable and comprehensive manner to create a more efficient, professional, and healthier state enterprise structure that can contribute optimally to the national economy,\u201d Teddy said. <strong>(BPMI of Presidential Secretariat) (DH\/MMB)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government is set to accelerate downstreaming and the restructuring of state-owned enterprises (SOEs). Cabinet Secretary Teddy Indra Wijaya made the statement following President Prabowo Subianto\u2019s meeting with Minister of Energy and Mineral Resources Bahlil Lahadalia and the executives of sovereign wealth fund Danantara at his private residence in Hambalang, Bogor regency, West Java province, [&hellip;]<\/p>\n","protected":false},"author":88,"featured_media":328224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-328222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gov\u2019t to Accelerate Downstreaming, SOE Restructuring - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t to Accelerate Downstreaming, SOE Restructuring - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"The Government is set to accelerate downstreaming and the restructuring of state-owned enterprises (SOEs). Cabinet Secretary Teddy Indra Wijaya made the statement following President Prabowo Subianto\u2019s meeting with Minister of Energy and Mineral Resources Bahlil Lahadalia and the executives of sovereign wealth fund Danantara at his private residence in Hambalang, Bogor regency, West Java province, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-04T02:55:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-07T07:57:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2026\/09\/Govt-to-Accelerate-Downstreaming-SOE-Restructuring.png\" \/>\n\t<meta property=\"og:image:width\" content=\"454\" \/>\n\t<meta property=\"og:image:height\" content=\"327\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/145846a6f982c2f2988b902ee109668c\"},\"headline\":\"Gov\u2019t to Accelerate Downstreaming, SOE Restructuring\",\"datePublished\":\"2026-09-04T02:55:20+00:00\",\"dateModified\":\"2026-09-07T07:57:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/\"},\"wordCount\":195,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2026\/09\/Govt-to-Accelerate-Downstreaming-SOE-Restructuring.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/\",\"url\":\"https:\/\/setkab.go.id\/en\/govt-to-accelerate-downstreaming-soe-restructuring\/\",\"name\":\"Gov\u2019t to Accelerate Downstreaming, SOE Restructuring - 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