15 BUMN Masih Sakit, Erick Thohir Bilang Begini
- Jakarta - As of March 12, 2025, significant efforts are underway to address the financial challenges facing several of Indonesia's State-Owned Enterprises (BUMN).
- Minister of BUMN Erick Thohir stated that the ministry is actively promoting programs aimed at revitalizing these BUMNs.
- Thohir further elaborated on the consolidation efforts, mentioning that 47 BUMNs had been consolidated, with 40 now in healthy condition and 7 undergoing restructuring.
Indonesia‘s State-Owned Enterprises: Addressing Financial Challenges adn Transformation Efforts
Table of Contents
- Indonesia’s State-Owned Enterprises: Addressing Financial Challenges adn Transformation Efforts
- indonesia’s State-owned Enterprises: Addressing Financial Challenges and Conversion Efforts – A Q&A Guide
- Frequently Asked Questions About Indonesia’s BUMN Restructuring
- What are the main goals of the BUMN restructuring programme in Indonesia?
- how many BUMNs are currently undergoing restructuring, and what progress has been made?
- What is Danareksa’s role in the BUMN transformation process?
- What is PT PPA’s role in managing and transforming struggling BUMNs?
- What is the meaning of BUMN?
- What is Peraturan Pemerintah (PP) Nomor 7 Tahun 2022, and how dose it relate to BUMN transformation?
- What are the four sub-clusters within Danareksa’s holding ecosystem?
- How many BUMNs were managed by PPA in December 2023, and what happened to them?
- Which BUMNs are currently under the management and restructuring of PPA?
- Who are the key figures involved in the BUMN restructuring efforts?
- Summary of BUMN Restructuring Efforts
- Frequently Asked Questions About Indonesia’s BUMN Restructuring
Jakarta – As of March 12, 2025, significant efforts are underway to address the financial challenges facing several of Indonesia’s State-Owned Enterprises (BUMN). Holding BUMN Danareksa has identified 15 “ailing” state-owned companies under the care of its subsidiary, PT Perusahaan Pengelola Aset (PPA). This number represents progress, as it has decreased from a previous total of 21.
Government Initiatives for BUMN Restructuring
Minister of BUMN Erick Thohir stated that the ministry is actively promoting programs aimed at revitalizing these BUMNs. The goal is to ensure these companies can return to optimal operational status. Thohir noted the success of previous efforts, stating that many BUMNs have recovered.
Program daripada penyehatan BUMN kan sudah berjalan, dulu jumlahnya banyak sekali, sekarang kan sudah banyak yang sehat kembali.
Erick Thohir, Kantor Kementerian BUMN, March 12, 2025
Thohir further elaborated on the consolidation efforts, mentioning that 47 BUMNs had been consolidated, with 40 now in healthy condition and 7 undergoing restructuring.
Sekarang kan sudah banyak yang sehat kembali, saya tidak ikuti detailnya. tapi contoh misalnya di 47 konsolidasi, itu 40 sehat, 7 masih restrukturisasi. Jadi masih.
Erick Thohir
Danareksa’s Role in BUMN Transformation
Danareksa plays a crucial role in this transformation. As a holding company specializing in transformation and investment, it is indeed tasked with improving the business scale of BUMNs through various strategic initiatives.
Yadi Jaya Ruchandi, Direktur Utama of Danareksa, addressed the situation on Monday, March 10, 2025, at the Gedung DPR RI in Jakarta, stating, Jadi sekarang di PPA masih ada 15 dari 21 yang sebelumnya.
Peraturan Pemerintah (PP) Nomor 7 Tahun 2022 mandates Danareksa to enhance business scale through transformation initiatives within its holding ecosystem. This ecosystem includes four sub-clusters: financial services, industrial estates, construction, and media & technology.
The Transformation Process
Through PPA,Danareksa is focused on transforming struggling BUMNs. This involves revitalization and scaling-up through business transformation and strengthened synergy. The ultimate aim is for these BUMNs to contribute more significantly to society and the nation.
Kami dimandatkan untuk melakukan transformasi bisnis, jadi bisnisnya kita perkuat nanti kita sampaikan apa saja yang kita perkuat.
Yadi Jaya ruchandi
Ujungnya adalah kita ingin memastikan perusahaan-perusahaan yang kami kelola, kita menamakannya perusahaan BUMN yang signifikan kontribusinya kepada masyarakat dan negara.
yadi Jaya Ruchandi
Past Efforts and Current Focus
In December 2023, PPA managed 22 BUMNs. Of these, seven have been dissolved, including PT Kertas Leces (Persero), PT Merpati Nusantara Airlines (Persero), and PT Industri Sandang Nusantara (Persero), among others.
This leaves 15 BUMNs currently under management and restructuring:
- PT Barata Indonesia (Persero)
- PT Boma Bisma Indra (Persero)
- PT Industri Kapal Indonesia (Persero)
- PT Dok & Perkapalan Kodja Bahari (Persero)
- PT Dok dan Perkapalan Surabaya (Persero)
- PT Djakarta Lloyd (Persero)
- PT Varuna Tirta Prakasya (Persero)
- PT Persero Batam
- PT Inti (Persero)
- perum Percetakan Negara Republik Indonesia (PNRI)
- PT Indah Karya (Persero)
- PT Amarta Karya (Persero)
- PT Semen Kupang (Persero)
- PT Primissima (Persero)
- PT PANN Pembiayaan Maritim
indonesia’s State-owned Enterprises: Addressing Financial Challenges and Conversion Efforts – A Q&A Guide
Jakarta - As of March 12, 2025, the Indonesian government is actively engaged in restructuring its State-Owned enterprises (BUMN) to improve their financial health and operational efficiency.This Q&A guide provides thorough insights into these ongoing efforts, focusing on key players like Danareksa and PT PPA.
Frequently Asked Questions About Indonesia’s BUMN Restructuring
What are the main goals of the BUMN restructuring programme in Indonesia?
The primary goals of the BUMN restructuring program are to revitalize financially distressed state-owned enterprises, improve their operational efficiency, enhance their contribution to the national economy, and ensure their long-term sustainability. This involves consolidation, business transformation, and strengthened synergy among BUMNs.
how many BUMNs are currently undergoing restructuring, and what progress has been made?
As of March 2025, 7 BUMNs are undergoing restructuring. Minister Erick Thohir has stated that 47 BUMNs have been consolidated, with 40 now in healthy condition. This indicates meaningful progress in revitalizing state-owned enterprises.
What is Danareksa’s role in the BUMN transformation process?
Danareksa plays a crucial role as a holding company specializing in transformation and investment. It is mandated to enhance the business scale of BUMNs through strategic initiatives. Danareksa achieves this through its subsidiary, PT PPA, which focuses on revitalizing and scaling up struggling BUMNs via business transformation and synergy.
What is PT PPA’s role in managing and transforming struggling BUMNs?
PT Perusahaan Pengelola Aset (PPA) focuses on transforming struggling BUMNs through revitalization and scaling-up initiatives. This involves business transformation and strengthened synergy, with the ultimate aim of making these BUMNs significant contributors to society and the nation.
What is the meaning of BUMN?
BUMN stands for badan usaha Milik Negara, which translates to State-Owned Enterprises. These are companies owned and operated by the Indonesian government.
What is Peraturan Pemerintah (PP) Nomor 7 Tahun 2022, and how dose it relate to BUMN transformation?
Peraturan Pemerintah (PP) Nomor 7 Tahun 2022 is a government regulation that mandates Danareksa to enhance business scale through transformation initiatives within its holding ecosystem. This ecosystem includes four sub-clusters: financial services, industrial estates, construction, and media & technology.
What are the four sub-clusters within Danareksa’s holding ecosystem?
The four sub-clusters are:
- Financial Services
- Industrial Estates
- Construction
- Media & Technology
How many BUMNs were managed by PPA in December 2023, and what happened to them?
In December 2023, PPA managed 22 bumns. Seven of these have been dissolved, including PT Kertas Leces (Persero), PT Merpati Nusantara Airlines (Persero), and PT Industri Sandang Nusantara (Persero).
Which BUMNs are currently under the management and restructuring of PPA?
The 15 BUMNs currently under management and restructuring by PPA are:
- PT Barata Indonesia (Persero)
- PT Boma Bisma Indra (Persero)
- PT Industri Kapal Indonesia (Persero)
- PT Dok & Perkapalan Kodja Bahari (Persero)
- PT Dok dan Perkapalan Surabaya (Persero)
- PT Djakarta Lloyd (Persero)
- PT Varuna Tirta Prakasya (persero)
- PT Persero Batam
- PT Inti (Persero)
- Perum Percetakan Negara Republik Indonesia (PNRI)
- PT Indah Karya (Persero)
- PT Amarta karya (Persero)
- PT Semen Kupang (Persero)
- PT Primissima (Persero)
- PT PANN Pembiayaan Maritim
Who are the key figures involved in the BUMN restructuring efforts?
The key figures involved are:
- Erick Thohir (Minister of BUMN)
- Yadi Jaya Ruchandi (Direktur Utama of Danareksa)
Summary of BUMN Restructuring Efforts
the following table summarizes key aspects of the BUMN restructuring efforts in Indonesia:
| Aspect | Details |
|---|---|
| BUMNs Consolidated | 47 |
| Healthy BUMNs (Post-Consolidation) | 40 |
| BUMNs Under Restructuring | 7 |
| BUMNs managed by PPA (December 2023) | 22 |
| BUMNs Currently Managed by PPA | 15 |
| Dissolved BUMNs | 7 (including PT Kertas Leces,PT Merpati Nusantara Airlines,PT Industri Sandang Nusantara) |
| Key Players | Erick Thohir (Minister of BUMN),Yadi Jaya Ruchandi (Direktur Utama of Danareksa) |