Hangs by a Thread
The plan to create a superholding for state-owned companies could fail due to potential political complications. The establishment of sectoral holdings is being reviewed.
Retno Sulistyowati
November 26, 2019
Chief executive officers (CEO) and president commissioners of state-owned enterprises (SOEs) gathered at the Mandiri Club, Kebayoran Baru, South Jakarta, on Tuesday, November 19, at the invitation of Erick Thohir, who had only been SOEs minister one month. Those who attended the meeting were officials at 32 SOEs that dominate state companies’ total assets, such as Pertamina, state-owned electricity company PLN and four state-ow
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