The Ministry Of SOEs Has Been Turned Into BP BUMN, PKB Legislators: Must Be The Nation's Economic Power, Not A Political Symbol

JAKARTA - Member of Commission VI DPR RI from the PKB faction, Nasim Khan, welcomed the discourse on changing the Ministry of SOEs to become a BUMN Management Agency (BP BUMN). According to him, this step should be a momentum to strengthen SOE governance so that it is more professional, transparent, and able to compete at the global level.

Nasim Khan emphasized that the existence of BP BUMN should ideally be more independent and professional, such as a holding that really focuses on managing SOEs as state assets, not as political or bureaucratic tools.

"With more objective management, business decisions are believed to be more rational and long-term profit-oriented," said Nashim, Saturday, September 27.

In addition, he also assessed that this institutional change could encourage the application of good corporate governance principles or Good Corporate Governance (GCG). With this standard, SOEs will be more efficient in operational, transparent in finance, and accountable in managing state assets.

According to Nasim, separation of regulatory and business functions is also important. He considered that the government through the ministry should focus on being a regulator, while BP BUMN takes on a role as a business operator.

"That way, there will be no more overlapping interests between regulatory supervision and business decision making," he said.

Legislators from the East Java III electoral district are gradual, the existence of BP BUMN still provides dual benefits, both economically and socially. This means, said Nashim, that SOEs are not only pursuing profit and dividends, but also contributing to regional development and public services for the community.

"With more professional governance, it is believed that Indonesian SOEs will be more competitive in the international market and be able to expand globally in a measured manner," he explained.

According to Nashim Khan, if managed properly, SOEs will be able to increase their contribution to the state through dividends while reducing dependence on the state budget in financing large projects.

"BUMN must become the nation's economic strength, not just a political symbol," he concluded.