For Efficiency, President Jokowi Encourage Similar SOEs to Form a Holding

For Efficiency, President Jokowi Encourage Similar SOEs to Form a Holding

President Joko Widodo (Jokowi) encourages the similar State Owned Enterprises (SOEs) to synergy and form a holding company to increase efficiency in corporate actions.

In his speech at the inauguration of Fertilizer Factory V of PT. Pupuk Kaltim and Phosphoric Acid factory II of PT Petrokimia Gresik, in Bontang, East Kalimantan (19/11), President Jokowi appreciates the establishment a holding company, under of PT Indonesian Pupuk that can improve corporate performance fertilizer factories.

“Our SOEs if want to synergy or not yet holding has built a virtual holding, I believe a lot of efficiencies to be done,” President Jokowi said.

For example, the President said that he had ordered the companies involved in banking, which currently has the Automated Teller Machine (ATM) on their own, to establish an integrated system.

“It could efficient, I received a report yesterday, could efficiently up to Rp 30 trillion,” Jokowi said.

However, the President reminded that the establishment of the holding company should be done with the right calculation. “There should be a calculation, that is most important,” he said.

Accompanying President Jokowi in the event, among others, Minister of SOEs Rini Soemarno, Minister of Planning/Head of Bappenas Sofyan Djalil, Minister of Industry Saleh Husin, Cabinet Secretary Pramono Agung, Chief Staff of the Presidential Teten Masduki, Deputy Governor of East Kalimantan believer Faisyal, Mayor Bontang Adi Darma , President Director of PT Pupuk Indonesia (Persero) Tasrif Arifin, Director of PT Pupuk Kaltim Aas Asikin Idat, and President Director of PT Petrokimia Gresik Hidayat Nyakman. (DNS/ES)