Erick Thohir: Danantara Has Long Been Declared, Don't Look Negative

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir revealed that the formation of the Danantara BUMN super holding is not a new discourse. He said he had been aspired to in the BUMN Bill (RUU) which had been discussed since two years ago.

"If Danantara is in accordance with the BUMN Bill that we rolled out for almost 2 years, actually yesterday, it was the SOE roadmap that way," Erick told reporters, written Friday, November 8.

Later, said Erick, Danantara will manage seven SOEs with large assets. The seven SOEs are proof that SOE performance continues to improve.

Therefore, Erick also asked that the discourse on launching the Danantara be seen as negative.

"If we are in BUMN, happy, why? What does that mean, our performance which has been appreciated so far, where these 7 large SOEs are declared healthy," said Erick.

Furthermore, Erick said, Danantara's status is still being studied at this time, whether to become a BUMN, a SWF, or to be in the form of another entity.

"Yes, this is still a study. What is certain is that we, BUMN, have provided a place, one of Bank Mandiri's assets. Only if we were asked the same thing, sir, when is this the deal? Now, this is a study. Now with Danantara, this is still a study process, is there a PP, there is a law, that's what the experts say, "said Erick.

Regarding the duties of the Ministry of SOEs after Danantara was established, Erick did not talk much. He only made sure that he would continue to restructure SOEs whose performance was not healthy.

"Well, the rest will be back, indeed my lines, restructuring. That's the line," he said.

For your information, the Danantara profile document for the new institution is referred to as the Danantara Indonesia Sovereign Fund. Where, the institution will manage seven SOEs.

The seven SOEs are PT Bank Mandiri (Persero) Tbk (BMRI), PT Bank Rakyat Indonesia (Persero) Tbk (BBRI), PT PLN (Persero), PT Pertamina (Persero), PT Bank Negara Indonesia (Persero) Tbk (BBNI), PT Telkom Indonesia (Persero) Tbk (TLKM), and MIND ID.

In addition, Danantara will also oversee the Investment Management Institution (LPI) or the Indonesia Investment Authority (INA), the sovereign wealth fund (SWF) made by the 7th President of the Republic of Indonesia, Joko Widodo (Jokowi).