Racing With Time

Rini Soemarno is accelerating the establishment of a superholding company for state-owned enterprises. With Jokowi’s new cabinet lineup now in the works, the attempt to disband the state-owned enterprises ministry is met with resistance from the PDI-P.

Retno Sulistyowati

July 22, 2019

NOT long after the plan to form a superholding company came under the spotlight in a presidential debate in mid-April, State-Owned Enterprises (SOEs) Minister Rini Soemarno quickly set to work. To fulfill the promise made by President Joko Widodo in the presidential debate, Rini issued a decree to form a review team for a superholding company on May 7.

Team members meet almost once every other week at the SOEs ministry in Jalan Medan Merdeka Sel

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