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New Face for an Old Plan

Monday, June 29, 2020

State-owned enterprises ministry reorganized the business structure of Pertamina. It was designed long in advance, after noticing the excessive bureaucracy was slowing the company down.

Pertamina’s President Commissioner Basuki Tjahaja Purnama (left) and Chief Executive Officer Nicke Widyawati (center), SOEs Minister Erick Thohir (second from right), and President Joko Widodo (right) when touring construction of a refinery in Tuban, East Java, December 2019./presidenri.go.id. tempo : 173180326797.

A closed meeting of the House of Representatives’ (DPR) Commission VI on Monday, June 22, was marked by a flurry of questions for their guest that morning, State-Owned Enterprises (SOEs) Minister Erick Thohir. During deliberations on the plan to add participating state capital in some SOEs, some DPR members, in particular from the Indonesian Democratic Party of Struggle (PDI-P) Faction, asked him to provide the road map on forming holding a

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