Regarding The Merger Of BUMN Karya, Erick Thohir's Subordinates: PUPR Agree

JAKARTA - The Ministry of State-Owned Enterprises (BUMN) will accelerate the consolidation process of state-owned companies in the work sector. This corporate action has also been agreed with the Ministry of Public Works and Public Housing (PUPR).

Secretary of the Ministry of SOEs, Rabin Indrajad Hattari, revealed that currently the merger of BUMN works, namely PT Hutama Karya (Persero) and PT Waskita Karya (Persero) Tbk. (WSKT) is being pursued so that it can be carried out this year.

"The merger, if I'm not mistaken, is now being seen, especially for HK and Waskita, the process will be seen later, it will be seen that there is a timeline that we must first agree with PUPR," he said when met at the Corruption Eradication Commission (KPK) building, Jakarta, Thursday, August 22.

Rabin also said that this corporate action had also been agreed upon by the relevant ministries, namely, the Ministry of PUPR. He said that later, HK will play the role of parent of Waskita.

"It has been (agreed), with Mr. Bas (Minister of PUPR Basuki) and the Minister of SOEs (Minister of BUMN Erick Thohir). Now we have to set again about the timing, because we have to look at HK's healthy bookkeeping with Waskita," he explained.

Previously, it was reported that Special Staff III of the Minister of State-Owned Enterprises (BUMN) Arya Sinulingga revealed that the merger of BUMN Karya would be carried out after the transition process of government in October 2024.

As is known, the Ministry of SOEs wants to merge 7 state-owned enterprises into 3 companies. The seven SOEs are PT Adhi Karya Tbk; PT Hutama Karya, PT Waskita Karya Tbk; PT Pembangunan Perumahan Tbk; PT Wijaya Karya Tbk; PT Brantas Abipraya; and PT Nindya Karya.

"Merger BUMN Karya is also waiting for a new government," he said when met at the Ministry of SOEs, Jakarta, Thursday, August 22.

Arya said that his party would seek to consolidate PT Hutama Karya and PT Waskita Karya Tbk (WSKT) in one holding first. Where the target is for this corporate action to be completed this year.

Later, after consolidation is carried out, PT Hutama Karya will act as the parent company and PT Waskita Karya Tbk (WSKT) as a subsidiary.

"But they are still being chased, hopefully this year. October hopefully it can be done," he explained.