5 BUMN Shares Switch To RNI, Erick Thohir Officially Forms Food Holding

JAKARTA - The Ministry of State-Owned Enterprises (BUMN) has transferred five shares of BUMN Food to PT Rajawali Nusantara Indonesia (Persero) or RNI. The transfer of shares marked the formation of the Food SOE Holding.

The five Food SOEs referred to are PT Indonesian Trading Companies; PT Sang Hyang Seri; PT Perikanan Indonesia; PT Berdikari and PT Garam.

SOE Minister Erick Thohir stated that the establishment of a Food SOE Holding created added value, efficiency, strengthening the supply chain, and innovating business models. The existence of a Food SOE holding is also a top priority in the transformation of the food industry considering that Indonesia is an agricultural country.

Meanwhile, Deputy Minister of BUMN I, Pahala Nugraha Mansury said the signing of the Inbreng deed was a historic moment considering it consisted of merging Food SOEs into one Food SOE Holding.

Pahala also explained that the formation of the Food SOE Holding is also in accordance with President Joko Widodo's wish that Indonesia needs a strong food SOE through food independence to realize Indonesia's 2045 vision, especially in the food sector to increase national food security.

"With the formation of the Food BUMN Holding, it is hoped that it will strengthen the food sector as a whole by combining strengths together, through strategic efforts, starting from increasing production capacity, expanding market access and food distribution networks," he said in a written statement, Friday, January 7th.

Furthermore, Pahala said that through the Holding of Food SOEs, it was also possible to optimize potential assets, relying on the supply chain as well as the application of technology and business digitization.

Wamen Pahala also mentioned that through the Food SOE holding, in addition to having a role to improve national food security, it also focuses on the food ecosystem and of course to increase the inclusiveness of farmers, ranchers and fishermen.

"Through the Holding of Food SOEs, much can be done through partnerships with farmers, breeders and fishermen, and according to the direction of the Minister of SOEs to focus on increasing business through acceleration programs to support the performance of Food SOEs Holding," he said.

President Director of PT RNI (Persero), Arief Prasetyo Adi said the signing of the Inbreng Deed was a milestone for RNI as the holding company for Food SOEs, considering the long dynamic process starting with the company of one holding member, merger, joint process and today it is proven that the formation of a holding company can be realized. food holdings.

"Today, Friday, January 7, 2022, the birth of the Food SOE Holding has been officially established. Although it has just been born, this Holding is formed on the strength of the Agriculture sector, Fisheries sector, Livestock sector, salt and logistics trade," he said.

Arief said, this is an accompaniment of the initial steps for the Food SOE Holding to realize its three objectives, namely supporting national food security, inclusiveness of farmers, breeders and fishermen to become a world-class food company.

"In the near future, at the beginning of 2022, the Food SOE Holding will also launch a new brand name and logo for the Food SOE Holding which is scheduled to be launched with SOE Minister Erick Thohir in the future," he said.

The signing of the Inbreng Holding BUMN Food Deed was witnessed by all levels of Commissioners, Directors and employees of 5 Food SOEs and 11 RNI Group Subsidiaries including Rajawali Nusindo, PT PG Rajawali I, PT PG Rajawali II, PTP Mitra Ogan, PT PG Candi Baru, PT Mitra Kerinci, PT Laras Astra Kartika, PT Mitra Rajawali Banjaran, PT Rajawali Tanjungsari Enjiring, PT Rajawali Citramass, PT GIEB Indonesia.

The establishment of this Food BUMN Holding, previously also received the blessing of President Joko Widodo through Government Regulation (PP) Number 118 of 2021 concerning the Addition of RI State Equity Participation into the share capital of PT RNI (Persero), and was accompanied by a Decree of the Minister of Finance (KMK) Number 555/KMK.06/2021 concerning the Determination of the Value of the Republic of Indonesia's State Equity Participation in the Share Capital of PT RNI (Persero) which has also been signed by the Minister of Finance Sri Mulyani.