In Front Of The DPR, Erick Thohir Shows Off BUMN Performance

SOE Minister Erick Thohir (Photo: Doc. VOI)

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir showcased a number of achievements that have been made by the Ministry of SOEs towards state-owned companies in the last five years.

Erick said that his party had taken a number of strategic steps. Starting from the downsizing of the number of state-owned companies to the positive performance of SOEs.

"Looking a little back, from 2019 to 2024, the Ministry of SOEs always takes various downsizing and simplification steps for the number of SOEs to 47 SOEs," Erick said in a Working Meeting with Commission VI of the DPR, in Jakarta, Thursday, January 23.

In addition, Erick explained, the Ministry of SOEs also clustered based on the business focus of each company. Currently, there are 12 clusters from the previous 24 clusters.

Furthermore, Erick said that governance and risk management in SOEs are also improvements made.

"Currently, the Ministry of SOEs continues to strive to implement good governance and measurable risk management for SOE management," he said.

Erick also showed off the improvement in the performance of BUMN consolidation. He said this increase can be seen from the record number of assets and profit of BUMN consolidation. On the asset side, Erick was able to increase its value from IDR 7,773 trillion in 2019 to IDR 10,402 trillion in 2023.

Then, continued Erick, BUMN consolidated assets increased by 7.6 percent per year. BUMN consolidated profit also increased from Rp 125 trillion in 2019 to Rp327 trillion in 2023.

"The initiatives carried out have yielded results where in 2023, state-owned assets have reached IDR 10,402 trillion, approximately 7.6 percent growth per year, with a net profit of IDR 327 trillion with growth of 27.2 percent per year," he said.

On the other hand, Erick also explained that the current state of BUMN has shown positive performance, but there are still various challenges from the times, including geopolitical conditions to geoeconomics.

Therefore, Erick said that a transformation is needed in order to strengthen the performance of SOEs and management of SOEs through the BUMN draft law (RUU).

"The regulation of the BUMN Bill is expected to ensure that SOE management becomes more adaptive and modern, anticipating the dynamics and challenges ahead," said Erick.