• Tuesday, 04 February 2025

Erick Thohir: Establishment of BPI Danantara Strengthens State-Owned Enterprises Transformation and Supports Indonesia's Economy

Erick Thohir: Establishment of BPI Danantara Strengthens State-Owned Enterprises Transformation and Supports Indonesia's Economy
BUMN Minister Erick Thohir delivered a report during the 12th Plenary Session of the Second Session of the 2024-2025 Legislative Year at the Parliamentary Complex, Senayan, Jakarta, on Tuesday (February 4, 2025). The Indonesian House of Representatives (DPR RI) approved the Draft Law on the Third Amendment to Law No. 19 of 2003 on State-Owned Enterprises (BUMN Law) into law. (ANTARA FOTO/Rivan Awal Lingga)

SEAToday.com, Jakarta - The Minister of State-Owned Enterprises (BUMN) Erick Thohir revealed that the establishment of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) has been officially approved in the third revision of Law No. 19 of 2003 on State-Owned Enterprises (BUMN).

According to Erick, Danantara will play a role in the operational management of BUMN while also optimizing dividends to help the government achieve its target of 8% economic growth.

"BPI Danantara will manage BUMN both operationally and by optimizing dividend management to assist the government in achieving the 8% economic growth target that has been set," Erick said during the Plenary Session of the Indonesian House of Representatives in Jakarta on Tuesday.

Furthermore, Erick explained that the establishment of Danantara is part of the BUMN transformation aimed at strengthening synergy between the government, BUMN, and stakeholders to realize the vision of Indonesia Gold 2045.

Danantara will also function in consolidating BUMN management, including optimizing investments, forming operational holdings, restructuring, privatization, as well as the formation and dissolution of subsidiaries.

Additionally, the third revision of the BUMN Law emphasizes that the management of BUMN assets must be conducted in an accountable manner and in accordance with good corporate governance principles.

"The management of BUMN assets must be carried out with accountability and in compliance with applicable regulations," said Erick.

On the human resources (HR) aspect, Erick stressed that the revision of the law provides greater opportunities for persons with disabilities and women to hold strategic positions in BUMN, including directorial and board of commissioners roles.

"The BUMN HR provisions in this law also provide opportunities for persons with disabilities and women to occupy strategic positions, such as directors or commissioners," he explained.

The approval of the law revision also grants Erick the mandate to serve as Chairman of the Supervisory Board of Danantara, responsible for ensuring that the new body operates optimally.

"BUMN transformation through the establishment of BPI Danantara is a strategic effort to support the joint vision of Indonesia Maju (Advanced Indonesia) towards Indonesia Emas (Golden Indonesia) 2045. The synergy between the government, BUMN, and all stakeholders will build a strong and sustainable economic foundation for future generations," Erick said.

In addition to Danantara, this law also affirms that BUMN's assets are state assets that are separated, making it more flexible to conduct corporate actions. With this change, it is hoped that BUMN's competitiveness will be further strengthened and will contribute to driving national economic growth in line with the government's targets.

 
Share
Insight Indonesia
Japan's Prime Minister Supports Indonesia to Become a Member of OECD

Japan's Prime Minister Supports Indonesia to Become a Member of OECD

Muhammadiyah: Ramadan 2025 Begins March 1, Eid Falls on March 30

Muhammadiyah Central Leadership (PP), Tuesday (7/1), officially set the beginning of Ramadan 1446 Hijri on March 1, 2025. Meanwhile, Eid al-Fitr or Lebaran will fall on March 30, 2025.

Ministry of Religious Affairs: 2025 Hajj Departure Begins Early M...

The Ministry of Religious Affairs (Kemenag) issued a travel plan for the 1446 Hijri/2025 Hajj pilgrimage after previously deciding on the Hajj Implementation Fee (BPIH) with the Hajj Working Committee (Panja) of the Hous...

Retirement Age for Workers Rises to 59 Years as of January 2025

This retirement age will be the basis for the utilization of the pension insurance program implemented by the Employment Social Security Agency (BPJS TK).

Government Plans To Have 5000 Heads of SPPG for Makan Bergizi Gra...

The government plans to have 5,000 heads of Nutrition Fulfillment Service Units (SPPG) to manage Makan Bergizi Gratis Programme.

Trending Topic
Weather Forecast
BMKG Forecasts Light Rain Across Jakarta on Thursday

BMKG Forecasts Light Rain Across Jakarta on Thursday

Jakarta Expected to Experience Rain Throughout the Day

The Meteorology, Climatology, and Geophysics Agency (BMKG) forecasts light rain across parts of DKI Jakarta from morning until night on Monday.

Weather Forecast: Light Rain Expected in Jakarta from Afternoon t...

The Meteorology, Climatology, and Geophysics Agency (BMKG) has forecasted light rain in Jakarta on Monday (1/20), expected to occur from afternoon until night.

Weather Forecast: Rainy Day in Jakarta, Prepare for Showers from...

The Jakarta area is forecasted to experience rain starting Thursday (1/16) afternoon and continuing into the evening, according to the Meteorology, Climatology, and Geophysics Agency (BMKG).

BMKG Predicts Light Rain in 20 Regions in Indonesia Today

As many as 20 regions in Indonesia have the potential to experience light rain on Tuesday (7/1/2025) today. Here is the complete list.