Raising Capital for New State Company Businesses

Two state-owned enterprises are set to enter the rice and fisheries business, with government capital injections on the horizon.

Caesar Akbar

March 24, 2025

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KHARISMA Febriansyah has been busier than ever over the past few months. As the Chief Executive Officer (CEO) of Virama Karya, he faces the daunting task of leading a company undergoing a radical transformation. The government has decided to shift Virama Karya’s core business from engineering consultancy and management to fisheries management. The company is also set to change its name to Agrinas Jaladri Nusantara.

With such an ambiti

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