Introductory Remarks of the President of the Republic of Indonesia during the Limited Cabinet Meeting on Holding Company at the Presidential Office, Jakarta, 29 February 2016

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation     Date 29 Februari 2016
Category: Speech Transcript
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Unofficial English Translation


AssalamuÂ’alaikum warrahmatullahi wabarakaatuh,

I would like to encourage state-owned enterprises to take a bigger role as a locomotive of the national economy.

It is also our hope that state-owned enterprises not only think about the profits and losses but also have a multiplier effect which are important for the prosperity of the people.

We also hope that our state-owned enterprises to be great not at home only but also dare to expand to other countries in order to develop our national economic strength.

Therefore, six months ago, I requested a clear road map to make our state-owned enterprises strong, agile, and dare to compete in this era of competition.

I have requested a road map design for routes in the form of super holding or holding or first begin with virtual holding and these must be decided immediately so the strength and agility of state-owned enterprises could soon be realized especially in facing the ASEAN Economic Community (MEA) with measures for restructuring and business objectives.

Then, if necessary, we do organization rightsizing and make total changes in the work culture of state-owned enterprises.

With these steps, I believe our state-owned enterprises will have strong competitiveness in the global competition, particularly in the ASEAN economic community (MEA).

This is all my introductory remarks. Now I would like to invite Minister of State-owned Enterprises to take the floor. (Humas) (EP/YM/Naster)

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